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Bitrue opens trading for SPCX/USDT pre-IPO perpetual futures with up to 20× leverage
Bitrue has launched USDT-settled perpetual futures trading for the SPCX/USDT pair, offering synthetic pre-IPO exposure to SpaceX. The product was introduced on May 22, 2026, and allows traders to speculate on the implied valuation of SpaceX before its public listing.
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Bitrue announced the launch of USDT-settled perpetual futures contracts for the SPCX/USDT pair, offering synthetic pre-IPO market exposure to SpaceX. The product became available at 10:00 UTC on May 22, 2026 and allows users to take both long and short positions, with a maximum leverage of 20× and a tick size of 2.
According to the official announcement, settlement occurs in USDT and the product is intended to let traders speculate on SpaceX’s implied valuation prior to its potential public listing. The page also provides a general disclaimer about market volatility and user responsibility, and clarifies that no specific promotional incentives were attached to this launch.
Bitrue is a cryptocurrency exchange operated by Innovations Technologies Limitada, offering trading in over 160 cryptocurrency pairs, with support for major coins such as Bitcoin, Ethereum, Tether, and Ripple, alongside its proprietary BTR token. The platform features options for passive income, copy trading, TradingView chart integration, and provides security measures like cold wallet storage and multi-level account protection. For more details, you can read the full review on Traders Union.
In the previous Bitrue update on Traders Union, we covered the launch of Bitrue's new CTR perpetual futures trading pair with up to 20x leverage. For more details, see our earlier news about Bitrue.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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