Bybit added USDT-settled perpetuals tracking EUR/USD, GBP/USD and USD/JPY, with 24/7 trading and leverage of up to 100x.
Dubai-based crypto exchange Bybit has launched USDT-settled perpetual contracts tracking three major foreign currency pairs, adding FX to its growing lineup of traditional finance derivatives.
The contracts cover EUR/USD, GBP/USD and USD/JPY, tracking movements in the underlying currency pairs without giving traders ownership of the currencies themselves. They have no expiration date and offer leverage of up to 100x.
Profits and losses are settled in USDT, with trading available around the clock, including when underlying FX markets are closed.
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