Back

Bitget Launches USDT-Margined KITE Pre-Market Contracts With Up to 25x Leverage

According to Bitget’s official statement, the exchange has launched U-margined KITE perpetual contracts with 25x leverage and introduced BOT trading to expand derivative options for global traders.

USDT

Summary

Bitget has officially announced the introduction of U-margined KITE perpetual contracts, offering leverage up to 25x and allowing traders continuous exposure without an expiry date. The exchange also launched BOT contract trading in the same release. According to the official statement, both products are now available on Bitget’s platforms, enhancing trading flexibility and expanding its derivative offerings for the global user base.

Terms & Concepts
  • U-Margined Contracts: Derivatives contracts where gains and losses are settled in the underlying cryptocurrency rather than fiat or stablecoins.
  • Perpetual Contracts: A type of futures contract with no expiry date, allowing traders to hold positions indefinitely as long as margin requirements are met.
  • Leverage: A trading feature that enables investors to control a larger position with a smaller amount of capital, magnifying potential gains and losses.