Overview
Bitget, a leading crypto exchange, has announced the transition of XPLUSDT perpetual futures from pre-market trading to regular USDT-M perpetual futures. This change will take effect on September 25, 2025, at 13:00 UTC+0, enhancing the trading experience and providing users with a more stable trading environment.
Key Details of the Transition
- Timing: Conversion starts at 13:00 UTC+0 and is expected to complete within 3 hours.
- Leverage: Supports a maximum leverage of 50x.
- Risk Management: Conversion is dependent on stable index conditions. If conditions are not met, the process may be deferred until stability is achieved.
- Trading Bots: Accessible trading bots for XPLUSDT will be available following the transition.
What Changes for Traders?
Once the transfer is completed, several key changes will occur:
- Index Pricing: The index price will switch from a synthetic index used during pre-market trading to a standard weighted index based on spot market quotes from various exchanges.
- Parameter Changes: Be aware of potential dynamic adjustments to futures parameters such as leverage, margin requirements, funding rates, and pricing methods, subject to market conditions.
Pre-Market Trading vs Standard Futures
Understanding the differences is crucial for traders:
- Liquidity: Pre-market trading may exhibit lower liquidity, resulting in wider spreads and increased volatility.
- Risks: There are inherent risks in pre-market trading due to uncertainty in pricing and liquidity. Traders should familiarize themselves with these elements to navigate potential pitfalls effectively.
Guidelines for Investors
- Research Thoroughly: Familiarize yourself with the mechanics of Bitget’s futures trading platform before engaging.
- Risk Awareness: Be conscious of the risks involved, particularly those associated with leveraged trading.
- Stay Informed: Regular checks for updates on trading parameters and risk protections directly from Bitget are advised.
Market Insights
Bitget positions itself as a leader in the crypto trading ecosystem, continuously enhancing its platform to facilitate better trading conditions. As the market evolves, Bitget aims to provide its users with not only cutting-edge trading tools but also robust support and educational resources.
Conclusion
The transition of XPLUSDT futures from pre-market to USDT-M perpetual trading marks a significant enhancement for the Bitget trading experience. Investors are encouraged to leverage this transition to optimize their trading strategies while remaining aware of the accompanying risks.