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Bybit Enables Two-Way Margin Trading With USDT Perpetual Contracts

Roland James

Summary: Bybit, the derivatives exchange, has announced it will be adding tether (USDT) perpetual contracts to its suite of derivative products. The contracts, which are set to go live on Wednesday, will utilize the worlds largest stablecoin by market cap as both the quote and the settlement currency for two-way trades, allowing users to hold both ...

Bybit, the derivatives exchange, has announced it will be adding tether (USDT) perpetual contracts to its suite of derivative products.

The contracts, which are set to go live on Wednesday, will utilize the worlds largest stablecoin by market cap as both the quote and the settlement currency for two-way trades, allowing users to hold both long and short positions at the same time with different levels of leverage.

By Roland James

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