BatonX Set to Launch USDT-Based Perpetual Futures for BLAST and ZK

IconCryptoNewsTerminal Staff07 Jul, 2024

cryptonews.jpg

BatonX Set to Launch USDT-Based Perpetual Futures for BLAST and ZK

BatonX, the leading global cryptocurrency exchange, is set to launch USDT-based perpetual futures trading pairs for BLAST and ZK on July 9th at 6 PM KST. This exciting announcement marks a significant step for BatonX as it expands its offerings to meet the growing demand for cryptocurrency derivatives. Perpetual futures are a popular financial instrument that allows traders to speculate on the future price of an asset without having to take physical ownership of the underlying asset. They offer a high degree of leverage, enabling traders to amplify their potential profits. Traders will be able to access BLAST and ZK perpetual futures with leverage of up to 50x on BatonX. This provides them with the flexibility to take both long and short positions, allowing them to profit from both rising and falling prices. The addition of BLAST and ZK perpetual futures to BatonX's platform is a testament to the exchange's commitment to offering a wide range of trading products to meet the diverse needs of its users. This move is expected to further enhance the liquidity and depth of BatonX's cryptocurrency derivatives market.

Related News