According to an exclusive press release shared by BitMEX, Tether (USDT) is slated to go live on the crypto exchange on 10th November at 04:00 UTC. With this, the traders can now formally begin margin trading and settle with Tether issued on the Ethereum network, i.e., ERC20-USDT on BitMEX.
Diversification in BitMEX’s offerings
Extreme price volatility during market downturns and sporadic rallies are a continuously growing part of the crypto landscape. Hence, market players are increasingly leveraging stablecoins as collateral to trade futures contracts. BitMEX’s latest move to bring USDT-margined contracts comes at a time of tremendous demand as different types of investors look for participation.
Out of the total nine USDT-margined products, seven are perpetual linear swaps on XBT, ETH, XRP, LTC, BCH, DOGE, and SOL, while the remaining two are linear futures contracts on XBT and ETH.
BitMEX is also leveling up its game by providing some incentives for its traders. They will be abl
We współpracy z: https://cryptopotato.com/bitmex-launches-tether-usdt-margined-contracts/
