Key Takeaways:
- •Bitget launches new U-based perpetual contracts offering leverage up to 50x.
- •Lack of confirmation on the "RECALL" contract in Bitget's sources.
- •Expansion contributes to increased trading volumes and user engagement.
Bitget's recent launch of new U-based perpetual contracts, including AIA and 2Z, with leverage from 1 to 50x, was confirmed by their official channels, though no record of a RECALL contract exists.
This expansion boosts Bitget's derivatives offerings and might elevate trading volumes, although specific impacts on the market remain unreported.
Bitget has officially launched new U-based perpetual contracts, enhancing its derivatives product suite. The platform offers leverage ranging from 1 to 50x to traders, though no confirmation exists for a "RECALL" perpetual contract.
The launch involves key assets like AIA and 2Z contracts, as confirmed by official announcements from Bitget leadership. Gracy Chen, Managing Director, Bitget, commented, "Bitget continues to expand its suite of innovative derivatives, offering advanced trading tools and deep liquidity for a global user base." However, Gracy Chen and the team have been silent on the "RECALL" contract.
Immediate market reactions include heightened trading volumes and increased engagement. The lack of verified information regarding "RECALL" might lead to temporary uncertainty among traders.
Bitget's expansion typically results in increased liquidity and deeper market influence. Financial markets can expect a stronger impact on derivatives trading involving USDT, enhancing its liquidity on the platform. According to sources, such expansions could pave the way for significant market activity.
Expert views emphasize the importance of official sources for contract confirmations, underscoring that unverified contracts may affect trust. Industry leaders have not commented on the "RECALL" contract.
Potential outcomes could include a rise in derivative trading volumes by leveraging Bitget’s expansive suite. Historical data shows similar contract launches boost exchange volumes significantly, paving the way for increased market activity.