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BitMEX Launches HYPEUSDT, FARTCOINUSDT, and HIVEUSDT Perpetual Swaps with 50x Leverage
December 24, 2024 – Cryptocurrency trading platform BitMEX has announced the introduction of new perpetual swap listings for HYPEUSDT, FARTCOINUSDT, and HIVEUSDT, offering traders unprecedented leverage opportunities on these cryptocurrency pairs. As of today, December 24th, 2024, traders can now engage in long or short positions on these cryptocurrency pairs with leverage options reaching up to 50x.
The addition of these contracts is a strategic move by BitMEX to cater to the diverse trading needs of its users, including seasoned traders and newcomers to the cryptocurrency market. Each of the new listings—HYPEUSDT, FARTCOINUSDT, and HIVEUSDT—comes with detailed contract specifications available on the BitMEX platform. Traders are encouraged to review these specifications before engaging in trades.
The newly listed perpetual swaps will provide traders with new opportunities to capitalize on market fluctuations and maximize their trading strategies. These contracts do not have an expiration date, allowing traders to hold positions indefinitely, making them a popular choice among crypto traders.
This move is seen as a significant step by BitMEX in maintaining its position in the competitive crypto derivatives market, which has seen tremendous growth and interest from institutional and retail investors alike.
Source: Blockchain.News
