Bybit Lists Perpetual G/USDT Futures with Up to 25x Leverage

IconCryptoNewsTerminal Staff25 Jul, 2024

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Bybit Lists Perpetual G/USDT Futures with Up to 25x Leverage

Bybit, a leading cryptocurrency exchange, has announced the listing of perpetual G/USDT futures on its platform. The new futures contract will offer traders up to 25x leverage, allowing them to amplify their potential profits and losses. The perpetual G/USDT futures contract is a perpetual contract that tracks the price of gold (G) against the US dollar (USDT). This contract allows traders to speculate on the future price of gold in a more flexible way than traditional spot trading. With the addition of the perpetual G/USDT futures contract, Bybit now offers a wide range of futures contracts for traders to choose from. This includes perpetual contracts for major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, as well as futures contracts for popular fiat currencies such as the US dollar and the euro. Bybit's perpetual futures contracts are known for their low fees and high liquidity, making them a popular choice for traders. The addition of the perpetual G/USDT futures contract further expands Bybit's offerings and provides traders with a new way to trade gold.

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