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Bybit has announced the listing of the MARSCOINUSDT USDT-settled perpetual contract, now available for trading with up to 20x leverage in its Innovation Zone.
Bybit has introduced the MARSCOINUSDT USDT-settled perpetual contract, now available for trading in its Innovation Zone. The contract allows users to trade MarsCoin (MARSCOIN) with a maximum leverage of 20x, features a tick size of 0.00001, and carries a funding rate capped at 2.5% with settlements every 4 hours. Trading is accessible around the clock, and the Innovation Zone designation means higher trading fees apply compared to other contracts. Bybit notes that contract parameters, including leverage, margin rates, and funding mechanisms, may be adjusted at its discretion, and availability may vary by region as specified in its terms and conditions.
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Bybit is a cryptocurrency exchange specializing in derivatives trading, offering access to both futures and perpetual contracts with up to 100x leverage. The platform supports integration with TradingView for enhanced market analysis, provides copy trading options in both spot and derivatives markets, and features 24/7 customer support. For further details, see the broker profile on Traders Union.
For more context, our previous Bybit update highlighted the launch of the SHEINUSDT Pre-IPO TradFi Perpetual Contract, enabling traders to speculate on Shein's valuation ahead of its IPO. You can read more in our earlier news about Bybit.