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Bitget Introduces USDT-Margined KGEN Perpetual Contract with Up to 50x Leverage

Bitget Introduces USDT-Margined KGEN Perpetual Contract with Up to 50x Leverage

According to Bitget’s official statement, the exchange has introduced USDT-margined RVV perpetual contracts supporting 1–50x leverage and integrated trading bots for automated operations.

USDT

Fact Check
The statement is directly confirmed by an official announcement on the Bitget website (Source 1), which is the primary source. This information is corroborated by multiple other crypto news sources (Sources 2, 3, 4) which state that Bitget launched a USDT-margined (also referred to as 'U-based') KGEN perpetual contract with a leverage range of 1-50 times.
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Summary

Bitget officially announced the launch of USDT-margined RVV perpetual contracts, allowing leverage from 1x to 50x. The exchange confirmed that contract trading bots will be available concurrently, enabling users to automate their trading strategies. This update, published through Bitget’s official press release, demonstrates its continued expansion of derivatives offerings and commitment to providing flexible trading tools for users.

Terms & Concepts
  • USDT-Margined Perpetual Contract: A derivative product settled in USDT, allowing traders to speculate on asset prices without expiration.
  • Leverage: A financial tool enabling traders to amplify their market exposure by controlling larger positions with smaller capital.
  • Trading Bot: An automated system that executes trading strategies on behalf of users based on pre-set parameters.