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Bitget Launches CGPT/USDT Perpetual Futures with 75x Leverage

Yuki by Yuki
28/12/2024
in Futures News
Bitget Launches CGPT/USDT Perpetual Futures with 75x Leverage
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Bitget, a leading cryptocurrency exchange and Web3 platform, has officially launched CGPT/USDT perpetual futures trading, available from 16:00 (UTC+8). The new offering provides traders with up to 75x leverage and is integrated with futures trading bots, delivering advanced tools to optimize trading strategies.

The CGPT/USDT-M perpetual futures pair, settled in USDT, features a tick size of 0.00001 and is designed to offer flexibility with 24/7 trading availability. Funding fees are settled every eight hours, ensuring continuous liquidity for global users. The new product aligns with Bitget’s ongoing efforts to broaden its suite of trading options for its international clientele.

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Trading parameters for the CGPT/USDT futures pair include a maximum leverage of 75x, USDT-based settlement, and eight-hour funding fee settlements. These parameters may be adjusted based on prevailing market conditions to manage risks effectively.

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This launch underscores Bitget’s commitment to enhancing its platform with innovative trading opportunities and tools to meet the growing demands of its global user base.

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About Bitget

Founded in 2018, Bitget is a leading global cryptocurrency exchange and Web3 company, serving over 45 million users across more than 150 countries. Known for its pioneering copy trading feature, Bitget aims to help users trade smarter while providing real-time access to cryptocurrency market data, including Bitcoin and Ethereum prices. The Bitget Wallet, previously known as BitKeep, is a multi-chain crypto wallet offering comprehensive Web3 services, including token swaps, NFT marketplace access, and DApp browsing.

Bitget is committed to promoting crypto adoption through high-profile partnerships, including its role as the Official Crypto Partner of the La Liga football league in Eastern Asia, Southeast Asia, and Latin America. The company also partners with prominent Turkish athletes, such as world champion wrestler Buse Tosun Çavuşoğlu, boxing gold medalist Samet Gümüş, and volleyball national team member İlkin Aydın, to inspire global cryptocurrency engagement.

Related topic:

How Do Perpetual Futures Work?

Who Trades Crypto Futures? [Revealed]

How Long Can You Hold Futures Contracts?

Tags: Bitcoin
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