ByBit Lists RENDER/USDT Perpetual Contract with Up to 50x Leverage

IconCryptoNewsTerminal Staff26 Jul, 2024

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ByBit Lists RENDER/USDT Perpetual Contract with Up to 50x Leverage

ByBit, a leading cryptocurrency exchange, has announced the listing of RENDER/USDT perpetual contract on its platform. This new contract will provide traders with the opportunity to trade RENDER, the native token of the Render Network, with up to 50x leverage. The Render Network is a decentralized GPU rendering platform that allows users to rent out their spare GPU power to others. This can be used for a variety of purposes, such as video editing, 3D rendering, and machine learning. RENDER is the native token of the Render Network and is used to pay for services on the platform. The listing of RENDER/USDT perpetual contract on ByBit is a significant development for the Render Network. It will provide traders with a new way to access the RENDER token and will help to increase the liquidity of the market. ByBit is a leading cryptocurrency exchange that offers a variety of trading products and services. The exchange is known for its low fees, user-friendly interface, and strong security measures. ByBit is also one of the few exchanges that offers perpetual contracts on a variety of cryptocurrencies, including RENDER.

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