How much is one bitcoin contract on Bitmex worth?
claireyblackiq0Dec 18, 2021 · 3 years ago3 answers
Can you please provide information on the current value of one bitcoin contract on Bitmex? I am interested in knowing the worth of a single contract and how it is determined.
3 answers
- Dec 18, 2021 · 3 years agoThe value of one bitcoin contract on Bitmex varies depending on the current market conditions. It is determined by the price of bitcoin and the leverage ratio of the contract. As the price of bitcoin fluctuates, the value of the contract will also change. It's important to note that trading contracts on Bitmex involves high risk due to the volatile nature of the cryptocurrency market.
- Dec 18, 2021 · 3 years agoThe worth of one bitcoin contract on Bitmex is calculated by multiplying the price of bitcoin by the contract size. For example, if the price of bitcoin is $10,000 and the contract size is 1 BTC, then the worth of one contract would be $10,000. However, it's important to keep in mind that the price of bitcoin can change rapidly, so the worth of the contract may also fluctuate.
- Dec 18, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the current value of one bitcoin contract on Bitmex is $9,800. However, please note that this value is subject to change as the market conditions evolve. It's always recommended to stay updated with the latest market information before making any trading decisions.
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