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Bitget launches SPCXUSDT perpetual futures contract for SpaceX pre-IPO exposure
Bitget has launched SPCXUSDT, a perpetual futures contract allowing users to trade on SpaceX’s pre-IPO valuation with up to 5x leverage, settled in USDT and available for trading 24/7. The product is a derivative instrument and does not convey equity or shareholder rights in SpaceX.
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Bitget announced the launch of SPCXUSDT, a perpetual futures contract designed to allow users to gain exposure to SpaceX’s pre-IPO valuation. The contract, settled in USDT, features up to 5× leverage, a tick size of 0.01, 24/7 trading, and periodic funding fee settlements every eight hours.
According to official materials, SPCXUSDT is part of Bitget’s Universal Exchange model, which combines crypto, tokenized assets, and pre-IPO derivatives in a single platform. The instrument is a derivative and does not provide holders with any equity, voting rights, or shareholder entitlements in SpaceX. Bitget further cautions users about the potential risks and clarifies that it is not acting as issuer or distributor of actual SpaceX equity.
Bitget is a cryptocurrency exchange that offers trading in spot and futures instruments, with a range of cryptocurrencies available for deposits and withdrawals. The platform provides features such as demo accounts, algorithmic trading support, trade copying services, and a mobile or web trading platform. To learn more about its strengths and features, visit the broker profile on Traders Union.
For more context, see the earlier news about Bitget’s launch of its Stocks 2.0 campaign, where users could suggest stock tickers for tokenized trading and participate in special promotions—read the previous Bitget update on Traders Union.
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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