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Websea has launched trading for a CRCL/USDT-margined perpetual futures contract, offering up to 50× leverage and 24/7 trading, as announced in its latest update. The new product allows users to trade CRCL perpetual contracts, with full technical and risk details outlined in the official announcement.
Websea has announced the launch of trading for a CRCL/USDT-margined perpetual futures contract. According to the official announcement, trading is available 24/7 and users can select leverage from 1× up to a maximum of 50×. The contract is based on the CRCL token, with a tick size of 0.01 and funding rates that can range between +3.00% and –3.00%, settled every eight hours. The product does not confer any ownership, dividend, interest, or voting rights, and is not insured or guaranteed by any authority; all trading is governed by Websea’s Terms of Service and user agreements, with a prominent risk warning noted regarding volatility and potential losses.
Websea is a cryptocurrency exchange launched in August 2023, designed for a global audience that includes both beginners and experienced traders. The platform features spot trading, futures trading with up to 100x leverage, copy trading, P2P trading, and opportunities for passive income through staking. For more detailed information about Websea’s features and services, visit the broker profile on Traders Union.
For more context, see the previous Websea update on Traders Union, which covered the launch of TSLA/USDT perpetual futures trading with up to 50x leverage and tokenized exposure to Tesla shares. Stay informed on Websea’s ongoing product innovations by reading the previous Websea update on Traders Union.