Toobit Announcement Center

Dear Toobiters,

We are excited to announce the launch of our new USDC Perpetual Contract, starting with two flagship pairs:

 🔥 BTCUSDC Perpetual Contract

 🔥 ETHUSDC Perpetual Contract

👉Trade: BTCUSDC | ETHUSDC

【App needs to be updated the latest version】

Key Features:

 1️⃣ Stablecoin Settlement

 All contracts are settled in USDC, providing price stability and eliminating volatility risks associated with other collateral assets. 

 2️⃣ Enhanced Capital Efficiency

 Trade with up to 175x leverage* while maintaining transparent PnL calculations in real-time. 

 3️⃣ 24/7 Trading

 Seamlessly trade crypto derivatives around the clock with institutional-grade matching engines. 

📍 Key Specifications:

USDC Perpetual Contract	BTCUSDC	ETHUSDC
Underlying Asset	BTC	ETH
Settlement Asset	UCDC	USDC
Tick Size	0.1	0.01
Funding Fee Settlement Frequency	every 8 hours	every 8 hours
Maximum Leverage	175x	125x

🚀 How to Start Trading:

Transfer USDC to your derivatives account
Navigate to [USDC Contracts] section
Select desired leverage
Execute long/short positions

FAQ

What is the difference between USDT-M Perpetual Contract and USDC-M Perpetual Contract?

USDT-M Perpetual contract is settled using USDT as margin, while USDC-M Perpetual contract is settled using USDC as margin.

Which pairs that the USDC Perpetual Contract support？

We support BTC and ETH perpetual contracts now, we will support more pairs based on the market.

How much is the trading fee for USDC-M Perpetual Contract?

Maker：0.02%，Taker：0.06%

How much is the funding rate for USDC-M Perpetual Contract?

Just like USDT-M Perpetual contract, fees are typically settled between the long position holders and short position holders every 8 hours. If the funding rate is positive, long position holders shall pay funding fees to short position holders, and vice versa.

Can Trial Funds and Bonuses be used in USDC-M Perpetual Contract?

No, it's not supported.

The CopyTrading also supports USDC-M Perpetual Contract？

No, it's not supported.

Does USDC perpetual contract support demo trading and Lite ?

No, it's not supported.

Does USDC-M Perpetual Futures trading volume count towards the VIP system?

Yes, the trading volume contributes to your VIP level. Different VIP levels enjoy varying fee discounts. For more details, please refer to the VIP fee page.

⚠️ Risk Reminder:

Cryptocurrency derivatives trading involves significant risk. Please exercise proper risk management strategies including stop-loss orders and position sizing. Trade responsibly.

For assistance, contact our 24/7 support team or send mail to support@toobit.com

Download the Toobit App Now

Find us:

X: https://x.com/Toobit_official

Telegram: https://t.me/Toobit_EN

Discord: https://discord.com/invite/vvxTuGTz

YouTube: https://www.youtube.com/@Toobit_official

Reddit: https://www.reddit.com/r/toobit/

Facebook: https://www.facebook.com/toobitofficial

Medium: https://medium.com/toobit-exchange

Toobit reserves the right to modify or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: The prices of digital assets may fluctuate significantly. The value of your investment may increase or decrease, and you may even lose the entire amount invested. You are solely responsible for your investment decisions, and Toobit is not liable for any losses that may occur due to the use of margin trading. This information should not be considered financial or investment advice. Please refer to our Terms of Use and Risk Disclosure for more details.

투빗

USDC Perpetual Contract: Big Launch Now Live!

Key Features:

📍 Key Specifications:

🚀 How to Start Trading:

FAQ

⚠️ Risk Reminder:

USDC Perpetual Contract: Big Launch Now Live!

Key Features:

📍 Key Specifications:

🚀 How to Start Trading:

FAQ

⚠️ Risk Reminder:

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