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Bitget has launched trading for JIO (Jio Platforms) Pre-IPO perpetual futures, allowing users to speculate on the company's valuation prior to its initial public offering with up to 20x leverage.
Bitget has listed JIO (Jio Platforms) Pre-IPO perpetual futures, allowing users to trade derivatives that reference Jio Platforms' valuation prior to its initial public offering. According to the broker, these contracts are settled in USDT, offer up to 20x leverage, and can be traded 24/7; the estimated number of shares is provided for reference only and may be adjusted. The product’s structure includes a minimum price movement (tick size) of 0.001 and a funding fee settled every eight hours. Bitget notes that the high leverage and derivative nature of this product introduce significant risks, and advises traders to manage positions carefully and conduct independent research.
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Bitget is a cryptocurrency exchange that offers spot, futures, and crypto trading with a range of assets including BTC, ETH, LTC, and USDT. The platform is accessible via a web terminal and mobile app, features lower futures trading fees than many competitors, and provides services such as copy trading, demo accounts, algorithmic trading, and both fiat and crypto deposit and withdrawal options. More details can be found in the broker profile on Traders Union.
For reference, our earlier news about Bitget highlighted the broker's distribution of over 5.13 million USDT in the fifth round of its Alliance Program rewards to millions of users. For more details on that initiative, see our previous Bitget update on Traders Union.