Trading Opportunities Expand: New Perpetual Swap Listings and Leveraged Trading on BitMEX
news
1 min read
BitMEX Introduces RAYUSDT, AIXBTUSDT, and AI16ZUSDT Perpetual Swaps with 50x Leverage
In a groundbreaking move, BitMEX has announced the launch of three new perpetual swap listings for RAYUSDT, AIXBTUSDT, and AI16ZUSDT. This bold step allows traders to engage in high-risk, high-reward trading opportunities with unprecedented leverage, up to 50x.
The introduction of these perpetual swaps marks a significant expansion in BitMEX’s trading offerings. The exchange now provides users with the ability to take long or short positions on RAY, AIXBT, and AI16Z, giving traders unparalleled flexibility and potential for substantial gains. This development is effective as of January 15, 2025, at 04:00 UTC.
Perpetual swaps are a type of futures contract without an expiration date, allowing users to speculate on the price movements of cryptocurrencies without the need for constant contract rollovers. This innovation enables traders to engage in trading these new pairs, potentially capitalizing on market movements in either direction.
The exchange has also released detailed contract specifications for each offering, which can be accessed on their official website.
However, it is essential for traders to employ robust risk management strategies when utilizing the 50x leverage provided by BitMEX. Leverage allows traders to enter larger positions than their account balance would typically permit, but it also means that losses can exceed the initial margin.
Source: Blockchain.News
