BitMEX Launches SWELLUSDT and APUUSDT Perpetual Swaps with Up to 50x Leverage

BitMEX has expanded its buying and selling choices with the introduction of two new perpetual swap listings: SWELLUSDT and APUUSDT. Efficient from November 15, 2024, at 04:00 UTC, merchants on the platform can now have interaction in lengthy or brief positions on these contracts, leveraging as much as 50x, in keeping with BitMEX.

New Buying and selling Alternatives

The addition of SWELLUSDT and APUUSDT to BitMEX’s repertoire offers merchants with recent alternatives to capitalize on market actions. These perpetual swaps enable for high-leverage buying and selling, which may amplify potential good points but additionally comes with elevated danger. Merchants ought to guarantee they perceive the mechanics and dangers concerned in high-leverage buying and selling earlier than taking part.

Contract Specs

Detailed contract specs for these new listings can be found on BitMEX’s official platform. The SWELLUSDT and APUUSDT contracts have been designed to cater to the wants of each particular person and institutional merchants searching for extra dynamic buying and selling choices. These contracts are a part of BitMEX’s ongoing efforts to reinforce its derivatives choices and supply aggressive buying and selling devices.

Market Context

The launch of those new perpetual swap contracts comes at a time when the cryptocurrency market is experiencing vital volatility. Merchants are more and more in search of devices that enable them to hedge their positions or speculate on worth actions effectively. BitMEX’s introduction of SWELLUSDT and APUUSDT is well timed, providing merchants the instruments wanted to navigate the present market panorama.

Because the cryptocurrency market continues to evolve, platforms like BitMEX are consistently adapting to satisfy the calls for of their customers by providing modern buying and selling merchandise. The launch of SWELLUSDT and APUUSDT perpetual swaps is a testomony to BitMEX’s dedication to staying on the forefront of the crypto derivatives market.

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