Lighter Expands Offerings with New FX Perpetual Pairs

The exchange now lists five major currency pairs as perpetual contracts, available with leverage of up to 25x.

Summary

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Terms & Concepts
  • Perpetual Contract: A type of derivative with no expiration date, allowing continuous trading and settlement based on the underlying asset's price.
  • Leverage: The use of borrowed funds to increase the potential return of a trade, magnifying both gains and losses.
  • FX Pairs: Foreign exchange trading pairs represent the value relationship between two currencies, such as GBP/USD or EUR/USD.