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Bitget stated that it had launched ZCSH and SNPS stock perpetual contracts, supporting USDT settlement and leverage of up to 20 x, as well as all-day trading.
Bitget Stock perpetual contracts have been launched ZCSH and SNPS BlockBeats reported that October 13, according to an official announcement,Bitget has launched ZCSH(Grayscale Zcash Trust) and SNPS(Synopsys) stock perpetual contracts. All of the above contracts are settled in USDT and support up to 20 x leverage and 7×24-hour trading. As of now,Bitget supports a total of 348 stock contract instruments.
Original link https://m.theblockbeats.info/flash/371499
BlockBeats cited an official announcement stating that Bitget had launched ZCSH and SNPS stock perpetual contracts.
The original text labels ZCSH as Grayscale Zcash Trust and SNPS as Synopsys.
The above contracts are all settled in USDT.
The above contracts support up to 20 x leverage and 7×24-hour trading.
The original text states that, as of now,Bitget supports 348 stock contract instruments.
The following is analysis, separate from reported facts. Verify important claims independently.
This means users can trade perpetual contracts related to Bitget trading and ZCSH and SNPS rather than directly purchasing the stock instruments referred to in the original text. Trading profits and losses are settled in USDT and users can employ leverage of up to 20 x; 7×24 hours means trading is not restricted by ordinary stock market opening hours.
The addition of two contracts has expanded the scope of Bitget stock contract instruments and also added trading scenarios settled in USDT. The materials provide no data such as trading volume, so actual market demand cannot be determined.
Beginners should understand in particular: perpetual contracts differ from directly holding stocks; leverage of up to 20 x magnifies both gains and losses.
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