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Bitget Launches U-Margined MMT and DASH Perpetual Contracts With 50x Leverage

According to its official announcement, Bitget rolled out a USDT-margined TRUST perpetual contract supporting leverage from 1x to 50x, with BOT trading capabilities available for automated strategies.

USDT
DASH

Summary

Bitget announced the launch of a USDT-margined perpetual contract for the TRUST token, offering leverage between 1x and 50x. According to the official statement, BOT trading functionality will be enabled for this product, allowing users to implement automated trading strategies. This addition broadens Bitget’s derivatives lineup and provides traders with flexibility in managing perpetual positions.

Terms & Concepts
  • USDT-margined contracts: Perpetual or futures contracts settled and margined in USDT, providing a stable valuation not tied to the underlying cryptocurrency's volatility.
  • Perpetual contracts: A type of derivative that allows traders to speculate on asset prices without an expiry date.
  • Leverage: A mechanism that allows traders to control a larger position size with a smaller amount of capital, amplifying potential gains or losses.