By Blockchain News | Created at 2024-11-15 10:42:25 | Updated at 2024-11-21 17:06:24
6 days ago
Jessie A Ellis Nov 15, 2024 10:13
BitMEX announces the listing of SWELLUSDT and APUUSDT perpetual swaps, offering traders up to 50x leverage starting November 15, 2024, according to BitMEX.
BitMEX, a leading cryptocurrency exchange, has announced the upcoming listing of two perpetual swap contracts, SWELLUSDT and APUUSDT, both offering up to 50x leverage. These listings are set to go live on November 15, 2024, at 04:00 UTC, according to BitMEX.
High-Leverage Trading Opportunities
The introduction of SWELLUSDT and APUUSDT on BitMEX provides traders with the opportunity to engage in high-leverage trading, allowing them to long or short these digital assets. The leverage option can magnify potential profits, but it also increases the risk, underscoring the importance of understanding the market dynamics before engaging in such trades.
Market Impact and Trading Details
These perpetual swap contracts will begin trading based on index constituents. BitMEX plans to keep traders informed about the live status of these contracts through announcements on their official site and social media channels. The introduction of these swaps is expected to attract significant interest from traders looking to capitalize on market movements with increased leverage.
Related Developments
The move by BitMEX to list these new contracts aligns with the exchange's ongoing efforts to expand its product offerings in the competitive cryptocurrency derivatives market. This comes at a time when exchanges are increasingly diversifying their product lines to attract a broader user base and increase trading volumes.
For more detailed information about the listings and trading conditions, interested parties are encouraged to visit the official BitMEX blog.
Image source: Shutterstock
