Bybit expands derivatives offerings with five new Inverse Perpetual Contracts
Bybit strengthens its crypto derivatives market
Bybit, one of the world’s leading cryptocurrency exchanges, has announced the listing of five new Inverse Perpetual Contracts on its derivatives trading platform.
This latest initiative aims to provide traders with more diverse trading opportunities in the growing crypto derivatives market, Bybit stated on its official website.
New contracts now available
The newly listed Inverse Perpetual Contracts include:
DOGE/USD
FIL/USD
LINK/USD
AVAX/USD
BCH/USD
These contracts will allow traders to take advantage of leveraged trading while using Bitcoin (BTC) as margin, offering an alternative way to engage with popular cryptocurrencies.
Enhanced trading flexibility and new opportunities
By introducing additional Inverse Perpetual Contracts, Bybit reinforces its commitment to meeting the evolving needs of traders. These contracts enable users to open long and short positions with leverage, allowing them to maximize potential profits while effectively managing risks.
Traders will benefit from real-time liquidity, advanced risk management tools, and an intuitive trading interface designed to enhance the overall trading experience.
Important notes for traders
Bybit has stated that it reserves the right to adjust contract parameters, including:
- Minimum price movement increments
- Maximum leverage
- Initial margin requirements
- Maintenance margin adjustments
Traders are encouraged to review contract details carefully and ensure they understand the risk factors associated with leveraged trading.
Strengthening Bybit’s position in the crypto derivatives market
With the introduction of these five new contracts, Bybit continues to solidify its position as a key player in the crypto derivatives sector, offering traders more opportunities to hedge or speculate on market movements.
Earlier, as part of its efforts to reward loyal VIP users, Bybit launched the VIP Weekly Lucky Draw, offering exclusive prizes to its valued customers.
