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Gate to Launch RECALL Perpetual Contracts with Up to 50x Leverage

Bitget introduces USDT-margined RECALL perpetual contracts with leverage up to 50x and opens BOT trading for these contracts, according to the platform's official announcement.

USDT

Summary

Bitget has launched USDT-margined RECALL perpetual contracts with leverage ranging from 1x to 50x. The exchange also opened BOT trading for these new contracts, offering a broader range of trading options for its users.

Terms & Concepts
  • Perpetual Contract: A type of futures contract with no expiration date, allowing traders to hold positions indefinitely while using leverage.
  • USDT Settlement: A trading arrangement where profits and losses are calculated and settled in the stablecoin Tether (USDT).
  • Leverage: A mechanism that allows traders to open positions larger than their actual capital, amplifying potential gains and losses.