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Bitget Launches New Ubased Perpetual Contracts with Up to 50x Leverage

Bitget Launches New Ubased Perpetual Contracts with Up to 50x Leverage

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by Satoshi Nakamura

6 months ago


Bitget has taken a significant step in the derivatives market by launching new U-based perpetual contracts, which promise to enhance trading opportunities for its users. According to the assessment of specialists presented in the publication, with leverage options reaching up to 50x, this move is set to attract both seasoned traders and newcomers alike.

Introduction of New Contracts at Bitget

The newly introduced contracts feature key assets such as AIA and 2Z, as confirmed by the leadership at Bitget. Gracy Chen, the Managing Director, emphasized the platform's commitment to expanding its innovative derivatives offerings, which are designed to provide advanced trading tools and deep liquidity for a diverse global audience.

Uncertainty Surrounding RECALL Perpetual Contract

Despite the excitement surrounding the launch, there remains uncertainty regarding the potential introduction of a RECALL perpetual contract, which has not yet been confirmed. This ambiguity could create temporary hesitation among traders as they navigate the new offerings.

Impact on Trading Volumes and User Engagement

Overall, the launch of these perpetual contracts is anticipated to increase trading volumes and user engagement on the platform, although the specific effects on the broader market have yet to be determined.

In a related development, Bitget has listed Recall (RECALL) in its Innovation and AI Zones, further expanding its offerings in the decentralized AI market. For more details, see more.

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