BitMEX Launches POPCATUSDT Perpetual Swap with 10x Leverage

BitMEX Launches POPCATUSDT Perpetual Swap with 10x Leverage




Alvin Lang
Jul 24, 2024 11:02

BitMEX has announced the launch of the POPCATUSDT perpetual swap, offering traders up to 10x leverage, according to the BitMEX Blog.



BitMEX Launches POPCATUSDT Perpetual Swap with 10x Leverage

BitMEX, a leading cryptocurrency exchange, has announced the listing of the POPCATUSDT perpetual swap, now available for trading with up to 10x leverage. The announcement was made on the BitMEX Blog.

Key Details of the Listing

The new listing, which began trading today at 04:00 UTC, allows traders to engage in perpetual swaps of POPCATUSDT with significant leverage. The contract specifications for this listing can be found on the BitMEX platform.

Trading Features

Perpetual swaps are a type of derivative in the cryptocurrency market that allows traders to speculate on the price of an underlying asset without the need for an expiry date. This listing provides traders with the flexibility to hold positions indefinitely while benefiting from leverage up to 10 times their initial investment.

Market Impact and Opportunities

BitMEX’s addition of POPCATUSDT to its roster of tradable assets is expected to attract significant interest, particularly from traders looking to maximize their exposure to the market with leveraged positions. The move aligns with BitMEX’s strategy to offer a diverse range of trading instruments to cater to the evolving needs of the crypto trading community.

For more detailed information about the POPCATUSDT contract specifications and to start trading, visit the official BitMEX website.

Image source: Shutterstock




Source link

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Social Media

Get The Latest Updates

Subscribe To Our Weekly Newsletter

No spam, notifications only about new products, updates.

Categories