BitMEX Launches BLASTUSDT Perpetual Swap with Up to 10x Leverage

BitMEX has officially announced the listing of the BLASTUSDT perpetual swap, now available for trading with up to 10x leverage, according to a recent BitMEX Blog post.

Details of the New Listing

The new listing for the Blast Network token, BLASTUSDT, began trading at 04:00 UTC on June 27, 2024. The perpetual swap allows traders to leverage their positions up to 10 times, providing significant opportunities for those looking to maximize their market exposure. Users can access the trading pair directly on the BitMEX platform.

Contract Specifications

For those interested in the specifics of the new contract, BitMEX has provided detailed information on their website. The full contract specifications, including margin requirements, fees, and other critical details, can be found here.

Enhanced Trading Opportunities

The introduction of the BLASTUSDT perpetual swap is part of BitMEX's broader strategy to expand its offerings and provide more diverse trading options for its user base. With the ability to trade with higher leverage, users can potentially increase their returns, although it also comes with increased risk.

Community and Support

BitMEX has invited users to read more about the listing on their official blog. For any questions or support related to the new listing, users are encouraged to contact BitMEX support via their contact page.

The launch of BLASTUSDT marks another step in BitMEX's continued effort to enhance its platform and offer more advanced trading instruments to its community.