BitMEX Introduces ZROUSDT and TREMPUSDT Perpetual Contracts with Up to 10x Leverage

BitMEX,
a
leading
cryptocurrency
exchange,
announced
the
listing
of
two
new
perpetual
contracts,
ZROUSDT
and
TREMPUSDT,
starting
on
June
21,
2024,
at
04:00
UTC.
According
to

BitMEX
Blog,
these
contracts
will
be
Tether-margined,
allowing
traders
to
leverage
their
positions
up
to
10x.

New
Listings
Details

The
ZROUSDT
and
TREMPUSDT
contracts
will
be
available
for
trading
on
BitMEX,
providing
an
opportunity
for
traders
to
engage
in
high-leverage
trading
with
these
new
instruments.
The
contracts
are
designed
to
offer
flexibility
and
increased
trading
options
to
BitMEX
users.

Leverage
and
Trading
Specifications

Both
ZROUSDT
and
TREMPUSDT
contracts
will
support
up
to
10x
leverage,
enabling
traders
to
potentially
amplify
their
gains.
However,
it
also
comes
with
increased
risk,
and
traders
are
advised
to
approach
with
caution.
The
specifications
and
further
details
about
these
new
listings
can
be
found
on
the
BitMEX
website.

Market
Impact
and
Future
Announcements

BitMEX
will
notify
traders
via
site
announcements
and
social
media
channels
once
the
trading
for
these
contracts
goes
live.
This
move
is
expected
to
attract
more
traders
to
the
platform,
enhancing





liquidity
and
trading
volumes.
The
addition
of
these
perpetual
contracts
aligns
with
BitMEX’s
strategy
to
expand
its
product
offerings
and
cater
to
the
growing
demands
of
the
cryptocurrency
trading
community.

For
more
detailed
information
on
the
new
listings,
traders
can
visit
the
official

BitMEX
Blog.

Image
source:
Shutterstock