Bybit Lists DEXE/USDT Perpetual Futures with Up to 12.5x Leverage

IconCryptoNewsTerminal Staff25 Jul, 2024

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Bybit Lists DEXE/USDT Perpetual Futures with Up to 12.5x Leverage

Bybit Launches DEXE/USDT Perpetual Futures Trading Leading cryptocurrency exchange Bybit has announced the listing of DEXE/USDT perpetual futures on its platform. The futures will go live on December 7, 2023, at 8:00 AM UTC. High Leverage and Risk Management Bybit's DEXE/USDT perpetual futures offer traders access to up to 12.5 times leverage. This allows traders to amplify their potential profits while also increasing the risk of losses. To mitigate risks, Bybit employs a comprehensive risk management system that includes position limits and liquidation mechanisms. Benefits for Traders The listing of DEXE/USDT perpetual futures on Bybit provides several benefits to traders: Increased trading opportunities: Traders can capitalize on price fluctuations and market volatility by trading perpetual futures. Higher leverage: Leverage of up to 12.5x allows traders to maximize their potential profits. * Advanced trading tools: Bybit's platform offers a range of advanced trading tools, including charting, technical indicators, and limit orders. About Bybit Bybit is a top-rated cryptocurrency exchange known for its user-friendly interface, low fees, and innovative products. It has a strong track record of security and reliability, making it a popular choice among both retail and institutional traders. Traders are encouraged to conduct thorough research and understand the risks involved before participating in perpetual futures trading. Bybit provides resources and educational materials to help traders make informed decisions.