Cryptocurrency exchange Bybit has launched Smart Leverage, which will allow users to potentially maximize profits in volatile markets and provide significant trading advantages.
The Smart Leverage product is designed to facilitate smart trading and increase profits. The structured solution will allow traders to easily navigate volatile market conditions.
Smart Leverage will allow Bybit clients to place directional bets with high leverage with minimal risk of liquidation before settlement, according to the exchange's official portal.
Smart Leverage is a non-principal-protected structured financial product designed to facilitate trading during periods of extreme market volatility.
Smart Leverage offers up to 200x leverage on selected coins. This is particularly useful for traders who tend to use high leverage during periods of sharp price reversals. Such a tool allows traders to make directional bets with high leverage while reducing the risk of liquidation before settlement.
Key benefits:
- High leverage of up to 200x allows for higher profit potential.
- No liquidation before settlement. It allows you to protect your investment from the risk of liquidation before settlement, regardless of market conditions.
- Early redemption. You can take profits at any time during the settlement period.
- Fixed risks. The maximum potential losses are clearly stated at the time of purchase.
The cryptocurrency exchange explained that Smart Leverage is ideal for V-shaped markets with large price reversals.
- Smart Leverage allows traders to either follow a normal settlement schedule or opt for early redemption.
- Smart Leverage redemption proceeds are calculated based on an expiration payout formula.
There may be a small difference due to market fluctuations, but this potential difference is limited to 0.5%.
The Smart Leverage tool is available on Bybit's website and app. Bybit has set up a Help Center to address common questions from users. Additionally, the platform will share the latest updates on its social media to keep everyone in the loop.
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