Bitget Launches USDT-M Perpetual Futures on 25 U.S. Stocks with $300K Incentives
The exchange introduces tokenized stock index futures with up to 25x leverage, offering prizes including TSLA shares and trading vouchers during a limited-time promotion.
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Fact Check
The statement is fully corroborated by multiple primary sources from Bitget's official website and X (Twitter) account. Evidence 2, 3, 7, and 9 confirm the launch of USDT-M perpetual futures for 25 U.S. stocks, and Evidence 2 specifically details the '$300,000' incentive.
USDT-M Perpetual Futures: A type of futures contract settled in USDT (Tether) that has no expiry date, allowing traders to hold positions indefinitely.
Tokenized Stock Index Futures: Crypto-based derivatives that mimic the price movements of traditional stock indices or equities, enabling trading on blockchain platforms.
Leverage: A trading mechanism allowing investors to control a larger position size using borrowed funds, amplifying both gains and losses.