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Bitget announced the launch of 4 stock perpetual contracts, supporting up to 20 x leverage.
Bitget Now live USDE、VKTX and others 4 stock perpetual contracts
BlockBeats news,October 7, according to an official announcement,Bitget is now live USDESTOCK（StablecoinX）、VKTX（Viking Therapeutics）、PCVX(Vaxcyte) and XP（XP）4 stock perpetual contracts.
These contracts are settled in USDT and support up to 20 x leverage and 7×24-hour trading. As of now,Bitget platform supports a total of 337 stock contract underlying assets.
Original link https://m.theblockbeats.info/flash/370597
BlockBeats reported that Bitget went live with USDESTOCK、VKTX、PCVX and XP four stock perpetual contracts.
These contracts are settled in USDT and support up to 20 x leverage and 7×24-hour trading.
As of the time of reporting,Bitget the platform supports a total of 337 stock contract underlying assets.
The following is analysis, separate from reported facts. Verify important claims independently.
A stock perpetual contract is a derivative contract with no expiration date. Users can use USDT to trade the relevant underlying assets and may use leverage to magnify their positions. The 4 underlying assets mentioned in the article are USDESTOCK、VKTX、PCVX and XP。
This means Bitget the platform has added stock contract trading options; up to 20 x leverage also means that gains and losses may be magnified.
Beginners should note that perpetual contracts differ from directly buying stocks, and leveraged trading can rapidly magnify losses.
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A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
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View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →A fee paid periodically between long and short positions to help keep the price of a perpetual contract close to the price of the underlying asset.
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