Bybit is proud to announce that, from February 15, it will be the first platform to release an ETH perpetual contract which uses ETH as margin and fully supports ETH deposits and withdrawals. The new trading pair benefits from the same 100x leverage, dual-price mechanism, funding, and professional risk control as the BTCUSD perpetual contract.
Perpetual contracts are a derivatives product with no expiry date that can profit from both a rise and a drop in price depending on the position opened and that can use leverage to multiply the profits earned from a trade.
Risk warning: Cryptocurrency derivatives trading is a high risk/reward market. Please enter trades cautiously, do your research properly, and only trade as much as you can afford to lose. Bybit will do its utmost to choose the best trading pairs and give the fairest, safest, and more transparent trading environment but is not responsible for any losses incurred.
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Sounds great, so basically CFD trading with ethereum right? Is there the possibility to have a look at the underlying smart contract before betting? Cheers
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