BitMEX Launches KAITOUSDT and PIUSDT Perpetual Swaps with 50x Leverage
The post BitMEX Launches KAITOUSDT and PIUSDT Perpetual Swaps with 50x Leverage appeared on BitcoinEthereumNews.com.
Luisa Crawford Feb 21, 2025 08:06 BitMEX introduces KAITOUSDT and PIUSDT perpetual swaps, offering traders up to 50x leverage. The new listings went live on February 21, 2025. BitMEX, a prominent cryptocurrency exchange, has expanded its trading offerings with the introduction of two new perpetual swap listings: KAITOUSDT and PIUSDT. These contracts, which went live on February 21, 2025, allow traders to engage in leveraged trading with up to 50x leverage, according to BitMEX. Enhanced Trading Options The addition of KAITOUSDT and PIUSDT perpetual swaps is part of BitMEX’s ongoing effort to provide traders with a diverse range of instruments. The platform’s leverage offerings are particularly attractive to those looking to amplify their positions in the volatile cryptocurrency market. The new contracts are available for trading as of 04:00 UTC on the launch date. Contract Specifications Traders interested in these new offerings can find detailed contract specifications on the BitMEX website. The specifications for KAITOUSDT can be accessed here, and for PIUSDT, the details are available here. These specifications include all necessary details for traders to make informed decisions. Market Impact The launch of these perpetual swaps is expected to impact the trading volume of KAITO and PI tokens, as traders take advantage of the high leverage options to maximize their potential returns. This move by BitMEX may also influence the broader market by attracting more traders to these specific tokens. Industry Context Perpetual swaps have become a popular derivative product in the cryptocurrency market, offering traders the ability to speculate on the price movements of digital assets without the need for physical delivery. BitMEX’s introduction of new products aligns with the industry’s trend of expanding derivative offerings to meet growing demand. The exchange continues to bolster its position in the competitive crypto trading landscape by enhancing its product lineup…
Filed under: News - @ February 21, 2025 8:26 am