
BitMEX to Launch USUALUSDT Perpetual Swap with 50x Leverage
BitMEX, a leading cryptocurrency exchange known for its high-leverage trading offerings, has announced the upcoming listing of USUALUSDT perpetual swaps. The new trading pair will be available on December 19, 2024, at 04:00 UTC.
The highly anticipated launch marks another milestone in BitMEX’s commitment to providing advanced trading tools to its users. By introducing the USUALUSDT perpetual swap with a whopping 50x leverage, the exchange is set to cater to experienced traders seeking to amplify their profits while navigating volatile market conditions.
As previously reported by Blockchain.News, this move is likely to attract seasoned traders who are eager to capitalize on the growing demand for leverage trading. The latter has been gaining traction in recent months, with exchanges like BitMEX expanding their offerings to meet the increasing interest from investors and traders alike.
The USUALUSDT perpetual swap is designed to offer traders a high-risk, high-reward option that leverages index constituents. BitMEX will notify all traders through its website announcements and social media channels once the pair goes live.
As traders consider utilizing this new trading opportunity, it’s crucial to exercise extreme caution when engaging in leverage trading due to the inherent risks involved.
Source: Blockchain.News