BitMEX Opens 24/7 FX Perpetual Trading for Crypto Traders
BeInCrypto
BitMEX has launched six FX perpetual swap contracts, allowing users to trade major global currency pairs 24/7 using cryptocurrency as collateral.Summary
BitMEX has introduced six new foreign exchange (FX) perpetual swap contracts, including major pairs like EUR/USD and USD/JPY, enabling crypto traders to gain exposure to traditional currency markets. The platform allows users to post cryptocurrency as margin to trade these pairs with up to 100x leverage, eliminating the need for traditional fiat-based brokerage accounts. By offering 24/7 trading, BitMEX allows investors to react to macroeconomic events during weekends when conventional forex markets are typically closed.
(Source：BeInCrypto)