BitMEX Introduces ZROUSDT And TREMPUSDT Perpetual Contracts With Up To 10x Leverage
BitMEX, a leading cryptocurrency exchange, announced the listing of two new perpetual contracts, ZROUSDT and TREMPUSDT, starting on June 21, 2024, at 04:00 UTC. According to BitMEX Blog, these contracts will be Tether-margined, allowing traders to leverage their positions up to 10x.
New Listings Details
The ZROUSDT and TREMPUSDT contracts will be available for trading on BitMEX, providing an opportunity for traders to engage in high-leverage trading with these new instruments. The contracts are designed to offer flexibility and increased trading options to BitMEX users.
Leverage and Trading Specifications
Both ZROUSDT and TREMPUSDT contracts will support up to 10x leverage, enabling traders to potentially amplify their gains. However, it also comes with increased risk, and traders are advised to approach with caution. The specifications and further details about these new listings can be found on the BitMEX website.
Market Impact and Future Announcements
BitMEX will notify traders via site announcements and social media channels once the trading for these contracts goes live. This move is expected to attract more traders to the platform, enhancing liquidity and trading volumes. The addition of these perpetual contracts aligns with BitMEX's strategy to expand its product offerings and cater to the growing demands of the cryptocurrency trading community.
For more detailed information on the new listings, traders can visit the official BitMEX Blog.
Image source: ShutterstockCrypto Treasuries Chase A New Kind Of Capital
There is a peculiar irony at the heart of the crypto treasury movement. Companies that staked their futures on digital a... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more
The Clock Is Ticking On UK Stablecoins
The world is not waiting for Britain to make up its mind. While the United States and the European Union have spent the ... Read more
From Cypherpunk To Citadel
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more
Tether Plots Global Expansion
Stablecoin leader seeks to transform itself from crypto plumbing provider into a broad “freedom tech” conglomerateTe... Read more
World Liberty Seeks Federal Trust Charter
World Liberty Financial, the crypto venture backed by the Trump family, has applied for a US national bank trust charter... Read more