Bitget Launches USDT-Margined CPOOL Perpetual Contract with Up to 20x Leverage

Bitget’s latest listing adds USD-margined CPOOL contracts and BOT trading, expanding leverage trading options for its global user base.

USDT

Summary

According to Bitget’s official announcement on October 22, the exchange has listed USD-margined CPOOL perpetual contracts with leverage from 1x to 20x. BOT contract trading will be launched concurrently, enhancing user access to leveraged and automated trading tools.

Terms & Concepts
  • USD-Margined Perpetual Contract: A derivatives product settled in USD or USD-equivalent stablecoins that allows traders to speculate on an asset's price without an expiry date.
  • Leverage: A trading feature enabling control of larger positions with limited capital, increasing both potential returns and risks.
  • CPOOL: The native token of Clearpool, a decentralized protocol for institutional uncollateralized liquidity.