Trade FDUSD on Bybit with Up to 50x Leverage: Perpetual Futures Now Live

IconCryptoNewsTerminal Staff16 Aug, 2024

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Trade FDUSD on Bybit with Up to 50x Leverage: Perpetual Futures Now Live

Bybit, a renowned cryptocurrency exchange, has announced the listing of FDUSD/USDT perpetual futures contracts. This development provides traders with an opportunity to gain exposure to the FDUSD stablecoin, which is pegged to the U.S. dollar, and capitalize on potential price movements. Traders utilizing FDUSD/USDT perpetual futures can leverage up to 50x, enabling them to amplify their potential profits or losses. The contracts are settled in USDT, offering convenience and flexibility for traders. Bybit's move to list FDUSD/USDT perpetual futures aligns with the growing demand for stablecoin-based trading. Stablecoins offer stability and minimize the volatility associated with cryptocurrency trading. FDUSD, specifically, is backed by a consortium of reputable financial institutions, ensuring its stability and reliability. Traders can access FDUSD/USDT perpetual futures on Bybit's platform, which offers a comprehensive suite of trading tools, including advanced charting capabilities, risk management features, and 24/7 customer support. The addition of perpetual FDUSD/USDT futures expands Bybit's already diverse product offering and provides traders with more options to navigate the cryptocurrency markets.