Alvin Lang
Dec 16, 2024 04:20
BitMEX has introduced the launch of VELOUSDT perpetual swap, providing merchants as much as 50x leverage. The itemizing went dwell on December 16, 2024, enhancing buying and selling choices on the platform.
BitMEX has unveiled a brand new buying and selling alternative for cryptocurrency lovers with the launch of the VELOUSDT perpetual swap. As of December 16, 2024, merchants can have interaction in transactions with as much as 50x leverage, in accordance with BitMEX. This improvement marks a major addition to the platform’s by-product choices, offering customers with enhanced leverage choices.
Buying and selling Particulars
The VELOUSDT perpetual swap started buying and selling at 04:00 UTC, permitting customers to capitalize on market actions with important leverage. The introduction of this new swap aligns with BitMEX’s technique to broaden its product lineup, catering to an growing demand for numerous buying and selling devices amongst its consumer base.
Contract Specs
The detailed contract specs for the VELOUSDT swap can be found on BitMEX’s official web site, providing merchants complete data to make knowledgeable selections. These specs embody essential particulars that merchants want to know earlier than partaking in high-leverage buying and selling.
Market Context
The launch of VELOUSDT perpetual swap comes at a time when the cryptocurrency derivatives market is witnessing substantial development. With the rise in reputation of perpetual swaps, exchanges like BitMEX are repeatedly innovating to satisfy the evolving wants of merchants. The flexibility to commerce with leverage permits for potential larger returns, albeit with elevated danger, which is a major draw for knowledgeable merchants.
As BitMEX continues to broaden its choices, the introduction of VELOUSDT perpetual swap is anticipated to draw each seasoned merchants and people seeking to discover new alternatives within the crypto derivatives market.
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