Perpetual Futures Trading is now live on HitBTC
We are pleased to announce that Perpetual Futures contracts with up to 75x leverage are now live on HitBTC.
Now you can trade BTC, ETH, TRX, BCH, ADA, DOT, SOL, EOS, AAVE, MATIC, XLM, UNI, LTC, and HIT, our native utility token as perpetual futures.
These contracts are USDT-denominated and use isolated margins, meaning traders can add or remove assets that serve as collateral for a selected position, effectively altering the leverage of that position.
What are Perpetual Futures?
Perpetual Futures differ from traditional futures as they do not have an expiration date. This allows traders to hold a position for as long as they like. Besides that, Perpetual contracts help better manage risk, deploying small amounts of capital to hedge the market.
Like in margin trading, Futures trading also gives traders the option of leveraging funds to maximize profits with low initial investments. The maximum amount of leverage available on HitBTC for futures trading is 75x.
How to Start Trading?
To start trading Perpetual Futures contracts, follow these 4 easy steps:
1. Make sure you have 2-factor authentication enabled.
2. Add assets to your Derivatives Account.
3. Add margin.
4. Make your first trade.
The API instructions are available here. You may find the information about the Futures Trading fees here.
Please note that Futures trading carries a high level of risk, with the potential for both large profits and large losses. Please learn more about futures trading and margin trading on HitBTC.
If you have any questions please don’t hesitate to reach out to our support team who are happy to answer any questions you may have.
We are eternally grateful for the trust you have placed in us over the previous eight years. Our commitment, as it has been in the past, is to continue to provide dependable and secure services that exceed our clients’ expectations. It is our pleasure to welcome you to start trading Perpetual Futures contracts.