Dear Users,
To broaden our derivatives offerings and meet users’ diverse trading needs, BitTap will list the ALGO/USDT perpetual futures pair at 22:00 (UTC+8) on September 29. We invite users to participate and explore additional derivatives strategies.
Launch Time
Trading open time: September 29 22:00 (UTC+8)
Futures Product Information
Product type: USDT-settled perpetual futures
Trading pair: ALGO/USDT perpetual futures
Supported directions: Both long and short positions supported
Maximum leverage: Up to 50x (see the contract details page for exact limits)
Funding rate settlement frequency: Settled every 8 hours (refer to the contract page for exact rates)
Reference index: A composite index weighted from quotes across multiple leading exchanges is used as the settlement reference (see the contract specification for exact sources)
Minimum order size, price precision and other parameters: Please refer to the Contract Specifications on the trading page.
Project Overview
Algorand is a high-performance public blockchain designed to provide fast, low-fee infrastructure for decentralized applications and institutional-grade dApps. ALGO serves as the native token used for on-chain incentives and governance.
Current circulating supply: 8,786,959,522 ALGO
Max supply: 10,000,000,000 ALGO
Market cap: approx. $1.8B USD
Approx. ranking: #58
Risk Notice
ALGO is a newly listed asset and may experience significant price volatility at launch, which could result in partial or total loss of principal. Please assess your trading experience and risk tolerance before participating and trade prudently. All information in this announcement is for informational purposes only and does not constitute investment advice. BitTap is not liable for any direct or indirect losses resulting from reliance on this announcement and provides no guarantee or compensation for users’ deposits or trading actions.
Support & Contact
If you need assistance or have questions, please submit an in-app support ticket or email support@bittap.com. Listing updates and related announcements will be posted on the official website and via in-app messages — please monitor official notifications.
Thank you for your support and trust. Wishing you smooth trading!
BitTap Team
September 29, 2025