Interdax is pleased to announce our third continuously settled perpetual contract: LINK-PERP-USDT. 

LINK-PERP-USDT is now available to trade with up to 100x leverage. 

What is Chainlink (LINK)?

LINK is the native asset of the Chainlink, a decentralised oracle network bridging real-world data with smart contracts on the blockchain. The rapid growth of Decentralised Finance (DeFi) has positively impacted Chainlink’s token, which has a market capitalisation of more than $3 billion.

Trading LINK-PERP-USDT on Interdax

Interdax’s LINK perpetual contract is margined and settled in USDT. The contract specs for LINK-PERP-USDT can be found here.

The fee structure for LINK-PERP-USDT is the same as our other perpetual contracts: maker fees are 0.00% while taker fees are 0.50%. 

To start trading LINK-PERP-USDT, log in or create an account here. 

To trade the LINK-PERP-USDT contract you will need to deposit USD Tether (USDT). Select USDT Perpetuals, then LINK-PERP-USDT from the instrument panel. To deposit USDT, click on the ‘Deposit’ on the top right-hand side (shown below):

Once you’ve selected LINK-PERP-USDT, the USDT balance will be displayed by the account panel on the top right-hand side.

After clicking on ‘Deposit’, your USDT address and deposit history will be shown. When sending USDT to Interdax, you’ll be able to trade the LINK-PERP-USDT contract with up to 100x leverage once the transaction has 12 confirmations.

More USDT Perpetuals to be Released Soon

Perpetuals for more crypto-assets (Uniswap’s UNI token and Avalanche’s AVAX token) settled and margined in USDT will be released during October.

Follow us across our social media channels shown below to get updates on new trading instruments and more. 

About Interdax:

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