Bitget, a cryptocurrency exchange based in the Seychelles, has launched pre-market leverage trading, providing users with new trading opportunities.
What is Pre-Market Trading?
Pre-market trading allows participants to execute trades outside standard hours, offering leverage of up to 125x on over 560 derivatives. This feature targets both retail and institutional traders.
Competition and Market Opportunities
With the introduction of pre-market trading, Bitget aims to increase its market share and trading volumes in the crypto derivatives sector, valued at over $1.08 trillion. Managed by Gracy Chen, this initiative highlights a competitive advantage over other platforms.
Advantages and Risks of the New Feature
The new feature may significantly boost trading volume and is expected to attract new traders looking for favorable conditions. However, there are inherent risks associated with high volatility.
The launch of pre-market trading with high leverage is an effort by Bitget to strengthen its position in the competitive cryptocurrency derivatives market and offer users more flexible trading options.
