Express

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

Last Update:

Tags: ,,,,,
Link: Bybit Enables Two-Way Margin Trading With USDT Perpetual Contracts   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 6 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 12 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 15 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 16 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 19 days ago
  • You need to login to comment.