TREE NEWS update: Dubai-based crypto exchange Bybit has launched USDT-settled forex perpetual contracts for EUR/USD, GBP/USD and USD/JPY, offering 24/7 trading with up to 100x leverage. The contracts have no expiry and settle profits and losses in USDT, allowing traders to track underlying currency pairs without owning the currencies. They join Bybit’s TradFi Perpetuals line, launched in April, which now covers over 200 assets including stocks, commodities, ETFs and pre-IPO companies.
Bybit launches FX perpetuals with up to 100x leverage
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