BitMEX to Launch MOONPIGUSDT Perpetual Swap with 50x Leverage

BitMEX has announced the upcoming launch of a new perpetual swap listing for MOONPIGUSDT, according to a recent update from the platform. Scheduled to go live at 04:00 UTC on 28 May 2025, the new listing will enable traders to engage in transactions with leverage up to 50x.

New Trading Opportunities

The introduction of MOONPIGUSDT marks an expansion in BitMEX's offerings, providing traders with additional opportunities to diversify their trading strategies. The 50x leverage feature allows traders to potentially maximize their returns, although it also increases risk exposure.

Perpetual Swaps Explained

Perpetual swaps are a popular derivative product in the cryptocurrency market, allowing traders to speculate on the price movements of digital assets without the need to own the underlying asset. Unlike traditional futures contracts, perpetual swaps do not have an expiry date, enabling traders to hold positions indefinitely. The inclusion of MOONPIGUSDT in BitMEX's portfolio is expected to attract traders looking for high-leverage opportunities.

BitMEX's Strategic Move

This strategic move by BitMEX aligns with the platform's objective to cater to a broad spectrum of traders by continuously expanding its product offering. By adding MOONPIGUSDT, BitMEX is tapping into the growing interest in diverse digital assets, potentially increasing its market share in the competitive derivatives market.

For more detailed information on the MOONPIGUSDT perpetual swap listing, interested parties can visit the official BitMEX announcement here.