Bybit Announces STBLUSDT Perpetual Contract
Bybit has officially introduced the STBLUSDT Perpetual Contract in its Innovation Zone, providing crypto traders with a new trading opportunity featuring up to 25x leverage. This contract allows users to speculate on the price movements of STBL, denominated in USDT, with flexible trading conditions and significant potential profit margins.
Key Features of the STBLUSDT Contract
- Settlement Asset: USDT
- Maximum Leverage: 25x
- Tick Size: 0.00001
- Funding Rate: +/-2%
- Trading Hours: Available 24/7
| Feature | Details |
|———————–|—————|
| Settlement Asset | USDT |
| Maximum Leverage | 25x |
| Tick Size | 0.00001 |
| Funding Rate | +/-2% |
| Trading Hours | 24/7 |
This listing offers traders the chance to engage in perpetual contracts with enhanced flexibility; however, it is essential to note that the contract is positioned in Bybit’s Innovation Zone, which could result in higher trading fees compared to other markets.
What is the Innovation Zone?
The Innovation Zone is a dedicated trading area designed by Bybit where new and experimental trading products are listed. Here, traders can access assets with unique features and relative risk profiles. Given the nature of these products, Bybit advises all traders to conduct thorough research and ensure they understand the risks involved before engaging with these contracts.
How to Get Started
To begin trading the STBLUSDT perpetual contract, users must:
- Create an account on the Bybit platform.
- Deposit USDT into their account.
- Access the STBLUSDT contract via the trading interface and place their trades.
For further details on how to trade effectively and understand the nuances of perpetual contracts, traders are encouraged to consult the comprehensive guides available on the Bybit Help Center.
Customer Support
For any queries or assistance, traders can reach out to Bybit’s Customer Support for help in navigating the platform and resolving issues efficiently.
Conclusion
The introduction of the STBLUSDT Perpetual Contract marks an exciting development for Bybit users, providing them with innovative trading options and significant leverage potential. As always, thorough research and risk management remain key components of successful trading, especially in fast-moving markets like cryptocurrency.
Sources
- Official Bybit Announcement: Bybit STBLUSDT Listing
- Innovation Zone Overview: Bybit Innovation Zone