Liquid Crypto Exchange Unveils Bitcoin Perpetuals Contracts With 100x Leverage

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With the new product, customers can trade perpetual contracts on the Liquid platform, based on Bitcoin’s market value. The price of the Bitcoin contract on the Liquid platform is informed by an index which measures the live price swings on five major exchange trading platforms. They include Bitstamp, Gemini, Liquid, Kraken, and Coinbase.

Perpetual contracts are contracts which do not expire and do not accrue any interest.

The product promises better trading safety than most other similar offerings. It is also said to process smart liquidations gradually, with a 10% maximum at a time. This was designed to help reduce shortage and auto liquidation.

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Image Credits: Pixabay

 

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