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News Explorer — BitMEX Ups BTC Perpetual Swap Leverage to 250x Ahead of Bitcoin Halving

Generated by AI, curated by humans


Apr 19, 8:12 am
The Block

BitMEX Ups BTC Perpetual Swap Leverage to 250x Ahead of Bitcoin Halving

BitMEX has increased the leverage on its bitcoin perpetual swap, XBTUSD, from 100x to 250x ahead of the halving event. The move was made in response to traders' requests to profit from the expected volatility during the halving. However, increased leverage also raises the risk of liquidation.

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