Bybit launches 24/7 perpetuals for major currency pairs
Bybit added USDT-settled perpetuals tracking EUR/USD, GBP/USD and USD/JPY, with 24/7 trading and leverage of up to 100x.
Dubai-based crypto exchange Bybit has introduced USDT-settled perpetual contracts for three major currency pairs: EUR/USD, GBP/USD, and USD/JPY. The contracts are available for 24/7 trading with leverage up to 100x. Bybit's new perpetual products, part of its TradFi Perpetuals suite launched in April, now offer more than 200 assets, including equities, commodities, ETFs, and pre-IPO companies.
Unlike traditional forex trading, these perpetual contracts do not expire and settle profits and losses in USDT. The exchange joins a growing trend of crypto platforms providing forex perpetuals, with competitors like Kraken and BitMEX already offering similar services with lower leverage limits.
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