Bybit Expands Crypto Offerings with Flux Perpetual Futures Listing

IconCryptoNewsTerminal Staff04 Sep, 2024

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Bybit Expands Crypto Offerings with Flux Perpetual Futures Listing

Bybit, a popular cryptocurrency exchange, has expanded its trading offerings by listing FLUX/USDT perpetual futures on its platform. Perpetual futures are a type of financial instrument that enable traders to speculate on the future price of an asset without having to physically deliver it. The newly launched FLUX/USDT perpetual futures contract will allow traders to speculate on the price movements of FLUX, the native token of the Flux blockchain, against the value of the USDT stablecoin. This provides traders with an opportunity to capitalize on their predictions about FLUX's future price and potentially profit from its fluctuations. Bybit's listing of FLUX/USDT perpetual futures aligns with its strategy of offering a diverse range of trading options for its users. The exchange has established itself as a hub for cryptocurrency enthusiasts seeking to trade a wide array of digital assets and derivatives.