Make Money When the Market Goes Up or Down
You can buy a contract worth 200x the value size of your deposit
Price goes up
Price goes down
Price goes up
Price goes down
PrimeBit offers 3 types of contract
High leverage
You can buy a contract worth 200x the value size of your deposit
Fixed value
Always when the price goes up or down $1, the value of your contract changes by 0.1 mBTC
No expiry date
There is no expiration date for this contract. Instead, funding payments are exchanged between contact parties.
| BTCUSD | ETHUSD | LTCUSD | |
| Contract type | Simplified perpetual contract | Quanto perpetual contract | Quanto perpetual contract |
| Payout | Linear | Linear | Linear |
| $1 price change value | 0.0001 BTC | 0.0001 BTC | 0.0001 BTC |
| Settlement | No expiration | No expiration | No expiration |
| Max leverage | 200x | 200x | 200x |
| Reference price | BTCUSD spot index | ETHUSD spot index | LTCUSD spot index |
| Spot index weighting | Bitstamp, Coinbase, Kraken, Gemini | Bitstamp, Coinbase, Kraken, Gemini | Bitstamp, Coinbase, Kraken, Gemini |
| Spot index weighting | Equal weighted | Equal weighted | Equal weighted |
| Funding interval | Every 8 hours | Every 8 hours | Every 8 hours |
| Minimum contract size | 0.0001 BTC | 0.005 BTC | 0.01 BTC |
| Liquidation reference | Fair price | Fair price | Fair price |
| Contract loss mechanism | Auto-Deleveraging system | Auto-Deleveraging system | Auto-Deleveraging system |
| Maker fee | -0.0250% | -0.0250% | -0.0250% |
| Taker fee | 0.0750% | 0.0750% | 0.0750% |
| For more details please visit our Frequently Asked Question | |||
Contract type Payout $1 price change value Settlement Max leverage Reference price Spot index weighting Spot index weighting Funding interval Minimum contract size Liquidation reference Contract loss mechanism Maker fee Taker fee
BTCUSDSimplified perpetual contract Linear 0.0001 BTC No expiration 200x BTCUSD spot index Bitstamp, Coinbase, Kraken, Gemini Equal weighted Every 8 hours 0.0001 BTC Fair price Auto-Deleveraging system -0.0250% 0.0750%
ETHUSDQuanto perpetual contract Linear 0.0001 BTC No expiration 200x ETHUSD spot index Bitstamp, Coinbase, Kraken, Gemini Equal weighted Every 8 hours 0.005 BTC Fair price Auto-Deleveraging system -0.0250% 0.0750%
LTCUSDQuanto perpetual contract Linear 0.0001 BTC No expiration 200x LTCUSD spot index Bitstamp, Coinbase, Kraken, Gemini Equal weighted Every 8 hours 0.01 BTC Fair price Auto-Deleveraging system -0.0250% 0.0750%