Bybit Announces EULUSDT Perpetual Contract
Bybit has officially listed the EULUSDT perpetual contract, allowing traders to leverage up to 50 times their investment. This announcement marks a significant development in the derivatives market, particularly for those looking to capitalize on the emerging trends in cryptocurrency trading.
Key Features of EULUSDT Perpetual Contract
| Feature | Details |
|———————|——————|
| Contract | EULUSDT |
| Settlement Asset| USDT |
| Tick Size | 0.001 |
| Maximum Leverage| 50 |
| Funding Rate | +/- 1% |
| Trading Hours | 24/7 |
This product is available for automated trading through futures bots such as Futures Grid, Futures Martingale, and Futures Combo, enhancing trading strategy opportunities for users.
What You Need to Know
The EULUSDT contract is designed for traders who seek to maximize their returns through high leverage. However, it’s essential to manage risks effectively, as trading with significant leverage can lead to substantial losses as well as gains. Bybit warns that they reserve the right to adjust contract parameters, including those related to leverage and margin requirements, to maintain a fair trading environment.
How to Get Started
To trade the EULUSDT perpetual contract, users can navigate to the Futures section on Bybit’s website:
Make sure to familiarize yourself with the terms and conditions associated with contract trading on Bybit, especially if you are new to perpetual contracts.
Conclusion
The introduction of the EULUSDT perpetual contract represents a competently timed addition to Bybit’s offerings, aimed at professional investors and quant traders looking for robust trading opportunities. As always, thorough research and understanding of market conditions are recommended before engaging in high-leverage trading.
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