Crypto exchange Bitget has announced the launch of a new futures contract ILVUSDT, offering users leveraged trading opportunities up to 50x.
Details of ILVUSDT Contract
The ILVUSDT futures contract is now live and available for trading 24/7. It is settled in USDT with a tick size of 0.001 and features funding fee settlements every four hours. Like other Bitget futures products, contract parameters might be periodically adjusted to meet market conditions.
Features of Futures Trading on Bitget
With the launch of ILVUSDT, Bitget continues to broaden its futures contract offerings including USDT-M, Coin-M, and USDC-M contracts. USDT-M Futures allow traders to employ a unified margin system in USDT, facilitating position management.
About Illuvium Project and ILV Token
ILV, the underlying asset of the new futures pair, is the native token of the Illuvium project—an open-world fantasy battle game built on the Ethereum blockchain. The inclusion of ILVUSDT offers users a chance to engage with a prominent GameFi asset through leveraged trading or automated strategies.
With the launch of the ILVUSDT contract, Bitget provides new opportunities for traders to access one of the key GameFi assets and utilize convenient trading mechanisms.
