Bitget Launches USD-Margined OPN Perpetual Contracts with Up to 50x Leverage
Bitget expands its derivatives offerings by launching USD-based OPN perpetual contracts with leverage up to 50x, providing traders increased flexibility and exposure in crypto markets.
Summary
Bitget officially announced the launch of USD-margined OPN perpetual contracts with a maximum leverage of 50x, enhancing trading options for professional and retail users. BOT contract trading remains available concurrently, supporting the exchange’s strategy to broaden its cryptocurrency derivatives product lineup.
Terms & Concepts
- Perpetual Contract: A type of futures contract without an expiration date, allowing traders to hold positions indefinitely while paying funding fees.
- USD-Margined: Contracts that use U.S. dollars or stablecoins pegged to the dollar as collateral for trading and settlement.
- Leverage: A trading feature that allows investors to control larger positions with a smaller capital outlay, amplifying potential gains or losses.