BitMEX Lists DOGSUSDT Perpetual Swap with Up to 10x Leverage

BitMEX, a leading cryptocurrency exchange, has announced the listing of a new perpetual swap contract, DOGSUSDT, which offers traders up to 10x leverage. The announcement, made through the BitMEX Blog, marks a significant addition to the platform's trading options.

New Trading Opportunity

The DOGSUSDT perpetual swap is now live and available for trading. The contract allows traders to speculate on the price movements of DOGS against USDT with a leverage option of up to 10x. This new listing aims to provide traders with more flexibility and opportunities to capitalize on market volatility.

Trading Details

The trading for DOGSUSDT began at 04:00 UTC on August 27, 2024. The full contract specifications can be accessed on the BitMEX platform. Traders interested in the new listing can find the contract here and review the detailed specifications here.

Market Impact

The introduction of DOGSUSDT on BitMEX is expected to attract significant interest from traders looking for leveraged trading opportunities. The 10x leverage option allows traders to amplify their positions, potentially increasing both profits and risks. As the market for perpetual swaps continues to grow, BitMEX's latest addition underscores its commitment to expanding its product offerings.

Support and Further Information

For more details on the DOGSUSDT perpetual swap, traders can visit the official BitMEX Blog. Additionally, BitMEX provides a comprehensive support system for any queries related to the new listing.