Bitget Launches YZYUSDT Futures Trading with Up to 20x Leverage

Bitget and HTX both introduced YZY/USDT derivatives on August 21, with HTX offering perpetual contracts and a prize campaign to boost trader participation.

USDT

USDC

112d ago

Summary

Bitget launched YZYUSDT futures trading on August 21, 2025, with 20x leverage, 24/7 availability, and bot support. On the same day, HTX officially announced the listing of YZY/USDT perpetual contracts with leverage up to 20x. HTX also introduced a trading event running from August 21 to August 28, 2025 (UTC+8), featuring a $10,000 prize pool. Registered users reaching at least 10,000 USDT in valid contract volume will share rewards based on rankings, with extra incentives for new contract traders.

Terms & Concepts

Futures Trading: A financial contract obligating the buyer to purchase, or the seller to sell, an asset at a predetermined future date and price.
Perpetual Contracts: A type of futures contract with no expiration date, allowing traders to hold positions indefinitely while subject to funding payments.
Leverage: A trading feature that allows investors to control a larger position with a smaller amount of capital, magnifying both potential profits and losses.