Louisa Crawford
February 21, 2025 08:06
Bitmex introduces KTOUDT and Piusdt Perpetual Swaps to provide the trader with up to 50 times the leverage. The new list was broadcast live on February 21, 2025.
Bitmex, a prominent cryptocurrency exchange, has expanded its trading products by introducing two new permanent exchange lists, KTOUSDT and Piusdt. According to BitMex, the contract, which was broadcast on February 21, 2025, allows the trader to participate in the leverage transaction with up to 50 times leverage.
Improved trading options
The addition of KTOUSDT and Piusdt Perpetual Swaps is part of the continuous effort of Bitmex to provide a variety of devices to traders. Leverage products on the platform are particularly attractive for those who want to amplify their position in the volatile cryptocurrency market. The new contract can be traded by 04:00 UTC on the release date.
Contract specification
Traders who are interested in this new offering can find detailed contract specifications on the Bitmex website. The specifications of kitoudt can be accessible here, and in the case of Piusdt, the details are provided here. Such specifications include all the details that can make a decision based on information.
Market impact
The launch of such permanent exchange is expected to affect the trading volume of KAITO and PI tokens. Traders use high leverage options to maximize potential profits. This movement by BitMex can also affect a wider market by attracting more traders to these specific tokens.
Industrial situation
Perpetual Swaps becomes a popular derivatives in the Cryptocurrency market, providing traders with the ability to guess the price fluctuations of digital assets without physical provision. The introduction of new products in BitMex is consistent with the trend of the industry that expands derivatives to meet the increasing demand.
The exchange continues to strengthen its position in competitive encryption trading environment by improving product lineups and providing innovative trading solutions to traders.
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