Felix Pinkston May 15, 2025 05:13 BitMEX has launched the LAUNCHCOINUSDT perpetual swap, allowing traders to leverage up to 12.5x. The listing went live
BitMEX, a leading cryptocurrency exchange, has announced the launch of a new perpetual swap for LAUNCHCOIN, denominated as LAUNCHCOINUSDT. This new listing, which became available for trading on May 15, 2025, at 04:00 UTC, offers traders the opportunity to engage with LAUNCHCOIN using leverage of up to 12.5x, according to BitMEX.
New Trading Opportunities
The introduction of the LAUNCHCOINUSDT perpetual swap is poised to enhance the trading landscape on BitMEX by allowing users to take both long and short positions on LAUNCHCOIN. This flexibility is expected to attract a wide range of traders looking to capitalize on market movements with amplified exposure.
Contract Specifications
Detailed contract specifications for the LAUNCHCOINUSDT perpetual swap are available on the BitMEX platform. Traders interested in exploring this new offering can find more information on the official BitMEX website. The perpetual swap is designed to provide a seamless trading experience with the potential for significant returns due to the leverage offered.
Market Impact and Expectations
The launch of this perpetual swap is part of BitMEXs ongoing efforts to expand its trading products and cater to the evolving needs of cryptocurrency traders. By offering leverage, BitMEX enables traders to manage their positions with greater flexibility and potential profitability. The listing is expected to increase liquidity for LAUNCHCOIN, potentially impacting its market value positively.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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