🚀 Polymarket launches Bitcoin perpetual futures with 20x leverage
🚀 Polymarket launches Bitcoin perpetual futures with 20x leverage
Background
🔹 Prediction site Polymarket has expanded its services and launched perpetual futures trading
🔹 The platform now offers international traders leverage of up to 20x
Focus
🎯 Traders can open long and short positions on cryptocurrencies with no expiry date
⚙️ The move turns Polymarket from an event prediction market into a derivatives exchange
🚫 US users are blocked from this section due to legal and regulatory restrictions
Implications
🌐 Polymarket's entry into the derivatives market will boost trading volume and competition with major exchanges
⚖️ Using 20x leverage sharply increases the risk of traders' capital being liquidated
Conclusion
✨ The expansion of Polymarket's trading tools is an important step toward merging prediction markets with crypto derivatives 📊
#Polymarket #Bitcoin #Futures_Trading #Trading_Leverage
Background
🔹 Prediction site Polymarket has expanded its services and launched perpetual futures trading
🔹 The platform now offers international traders leverage of up to 20x
Focus
🎯 Traders can open long and short positions on cryptocurrencies with no expiry date
⚙️ The move turns Polymarket from an event prediction market into a derivatives exchange
🚫 US users are blocked from this section due to legal and regulatory restrictions
Implications
🌐 Polymarket's entry into the derivatives market will boost trading volume and competition with major exchanges
⚖️ Using 20x leverage sharply increases the risk of traders' capital being liquidated
Conclusion
✨ The expansion of Polymarket's trading tools is an important step toward merging prediction markets with crypto derivatives 📊
#Polymarket #Bitcoin #Futures_Trading #Trading_Leverage
Persian original · View this post on Telegram ↗ · Open in the archive · 💬 Discuss in the Coin_Kurd Telegram group · Educational, not financial advice.