BitMEX Lists DOGSUSDT Perpetual Swap with Up to 10x Leverage

BitMEX,
a
leading
cryptocurrency
exchange,
has
announced
the
listing
of
a
new
perpetual
swap
contract,
DOGSUSDT,
which
offers
traders
up
to
10x
leverage.
The
announcement,
made
through
the

BitMEX
Blog,
marks
a
significant
addition
to
the
platform’s
trading
options.

New
Trading
Opportunity

The
DOGSUSDT
perpetual
swap
is
now
live
and
available
for
trading.
The
contract
allows
traders
to
speculate
on
the
price
movements
of
DOGS
against
USDT
with
a
leverage
option
of
up
to
10x.
This
new
listing
aims
to
provide
traders
with
more
flexibility
and
opportunities
to
capitalize
on
market
volatility.

Trading
Details

The
trading
for
DOGSUSDT
began
at
04:00
UTC
on
August
27,
2024.
The
full
contract
specifications
can
be
accessed
on
the
BitMEX
platform.
Traders
interested
in
the
new
listing
can
find
the
contract

here
and
review
the
detailed
specifications

here.

Market
Impact

The
introduction
of
DOGSUSDT
on
BitMEX
is
expected
to
attract
significant
interest
from
traders
looking
for
leveraged
trading
opportunities.
The
10x
leverage
option
allows
traders
to
amplify
their
positions,
potentially
increasing
both
profits
and
risks.
As
the
market
for
perpetual
swaps
continues
to
grow,
BitMEX’s
latest
addition
underscores
its
commitment
to
expanding
its
product
offerings.

Support
and
Further
Information

For
more
details
on
the
DOGSUSDT
perpetual
swap,
traders
can
visit
the
official

BitMEX
Blog.
Additionally,
BitMEX
provides
a
comprehensive
support
system
for
any
queries
related
to
the
new
listing.

Image
source:
Shutterstock