BitMEX Introduces ZROUSDT and TREMPUSDT Perpetual Contracts with Up to 10x Leverage

BitMEX, a leading cryptocurrency exchange, announced the listing of two new perpetual contracts, ZROUSDT and TREMPUSDT, starting on June 21, 2024, at 04:00 UTC. According to BitMEX Blog, these contracts will be Tether-margined, allowing traders to leverage their positions up to 10x.

New Listings Details

The ZROUSDT and TREMPUSDT contracts will be available for trading on BitMEX, providing an opportunity for traders to engage in high-leverage trading with these new instruments. The contracts are designed to offer flexibility and increased trading options to BitMEX users.

Leverage and Trading Specifications

Both ZROUSDT and TREMPUSDT contracts will support up to 10x leverage, enabling traders to potentially amplify their gains. However, it also comes with increased risk, and traders are advised to approach with caution. The specifications and further details about these new listings can be found on the BitMEX website.

Market Impact and Future Announcements

BitMEX will notify traders via site announcements and social media channels once the trading for these contracts goes live. This move is expected to attract more traders to the platform, enhancing liquidity and trading volumes. The addition of these perpetual contracts aligns with BitMEX's strategy to expand its product offerings and cater to the growing demands of the cryptocurrency trading community.

For more detailed information on the new listings, traders can visit the official BitMEX Blog.