🚀Ready for a wild ride, BTC enthusiasts? BitMEX, a Seychelles-based derivatives exchange, is launching the MEMEMEXTUSDT Basket Index Perpetual Swap Contract! 🎉 This new offering, dubbed the “S&P500 for crypto meme coins,” is your golden ticket to speculate on the overall performance of top meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and more, all in one contract! 🐕💰

📈Each contract is margined in USDT and offers up to 25x leverage. The contract equates to 0.0001 MEMEMEXT, with a lot size of 1000. The maker fee is -0.015%, and the taker fee is 0.075%. The base initial margin requirement is 4.00%, and the base maintenance margin is 2.00%.

🎲With this Basket Index perpetual contracts, you can diversify your risk and invest in a segment of the crypto industry rather than individual tokens. BitMEX CEO Stephen Lutz says, “Well, we know a lot of serious crypto traders refrained from getting involved in Meme Coins directly...BUT … if you could trade a basket and have full safety with insurance fund and no need to switch USDT and/or your Tier1 crypto into Meme Coins? Well, you might want to get involved.” 🚀🌕

So, buckle up and get ready for a thrilling journey through the world of meme coins! 🎢🎟️