Swiftcoin Forum

Latest Bitcoin News => Latest Bitcoin News => Topic started by: administrator on March 27, 2020, 05:07:10 AM

Title: USDT Perpetual contracts on Bybit - Updates make leverage trading safer?
Post by: administrator on March 27, 2020, 05:07:10 AM
I know many people here hate futures exchanges but it might be something some people here might be interested in.

Bybit CEO was on Cointelegraph and gave an AMA about their new USDT perpetual contracts, insurance options and other upcoming products. Here is the AMA:
https://www.youtube.com/watch?v=GRg1MopxNxc

Key points:
 - You can long and short at the same time up to 100x leverage (starts at 12:40)
 - If you hold same amount of long and short contracts you will never get liquidated. (48:30)
 - You can buy insurance against your leveraged position (12:46)

We made key points into a medium post as well:
https://medium.com/@collectiveholdings/how-to-profit-from-bybit-usdt-perpetual-contracts-e58997de73d4