According to an official announcement, cryptocurrency exchange Bitget has launched a U-margined O perpetual contract with up to 20x leverage. The contract trading bot is also available, allowing users to execute automated strategies. The U-margined perpetual uses USDT as margin and settlement currency, a widely used derivative type. The addition of the O perpetual contract expands Bitget's product offerings, providing traders with more hedging and speculation opportunities. Users can trade via Bitget's website or mobile app; details and fees are available on the official platform.
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