Louisa Crawford
February 27, 2025 20:54
BitMex introduces Shellusdt Perpetual Swap to provide a maximum of 50 times to traders. The new list allows all long and short positions.
Bitmex announced that it has started a new permanent exchange list for Shellusdt, providing up to 50 times the opportunity for traders. According to Bitmex, this list, which started trading on February 28, 2025, is a list that starts trading at 04:00 UTC, allowing you to participate in a long and short position in shell cryptocurrency.
High leverage opportunity
The introduction of the Shellusdtttual Swap provides a significant additional feature to the Bitmex’s trading product line. If the leverage option is expanded to 50 times, the trader increases the risk of significant losses, but can amplify the profit. These high leverage products are designed to attract skilled traders and those who want to maximize their trading strategies.
Transaction details and specifications
Shellusdt swaps can be traded on the BitMEX platform and can be accessible to the entire contract specification through the official BitMex site. The introduction of SWAP is part of the continuous promise of Bitmex to expand the Cryptocurrency derivative product and offers a variety of options to the user.
Market context and implications
This launch is increasing interest in Cryptocurrency derivatives as merchants try to use market volatility. The availability of high leverage products, such as the Shellusdt swap, reflects a wider trend in the encryption market, where the exchange is more and more expensive for sophisticated trade demands.
Shellusdt Perpetual Swap is part of the strategy of BitMex to improve the trading ecosystem and provides more flexibility and opportunities for users. As the Cryptocurrency derivatives market continues to expand, the new product of BitMex is a competitive player in this rapid evolving space.
For more information about the Shellusdt Perpetual Swap, the stakeholder can visit the official announcement of the Bitmex blog.
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