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BitMEX Launches NILUSDT Perpetual Swaps with 50x Leverage
In a recent announcement, leading cryptocurrency exchange BitMEX has launched its new perpetual swap product, NILUSDT, which allows traders to access up to 50x leverage. This innovative addition aims to cater to the diverse needs of traders on the platform and expand their trading options.
The newly introduced NILUSDT perpetual swap is designed to provide traders with high leverage opportunities, making it an attractive option for those seeking amplified returns. However, it’s crucial for traders to be aware of the inherent risks associated with high leverage trading, as losses can equally magnify.
According to BitMEX, this strategic move aligns with their mission to offer diverse trading instruments that cater specifically to the needs and preferences of their users. The introduction of NILUSDT perpetual swaps is expected to enhance the overall trading experience on the platform.
Perpetual swaps have been gaining popularity among cryptocurrency traders for their flexibility and potential for high returns. This trend is expected to continue, as exchanges like BitMEX innovate and provide new products that cater to both experienced traders and newcomers seeking to explore leveraged trading.
For more information on the NILUSDT perpetual swap, interested parties can visit the official BitMEX blog, where detailed contract specifications are available for review.
Source: https://Blockchain.News/news/bitmex-launches-nilusdt-perpetual-swaps-50x-leverage
