Leverage allows cryptocurrency traders unsatisfied with market volatility to make stronger plays on smaller movements. Trading platforms offer various ways to use leverage in order to capture this segment. The latest example is Liquid, an exchange that developed perpetual BTC contracts with up to 100x leverage.

Also Read: Liquid Exchange Launches BCH/USDC Trading Pairs

Perpetual BTC Contracts With Massive Leverage

International digital assets trading platform Liquid has announced the closed beta launch of a new crypto offering with up to 100x leverage. Liquid Perpetuals is a derivatives trading instrument that facilitates the trading of perpetual BTC contracts.

Rather than holding the underlying asset, when trading perpetuals on the platform the user is trading contracts based on the price of BTC. A perpetual contract has no expiry date and has no interest fees. Instead, a funding swap occurs between all open perpetual long and short contracts on Liquid.

The BTC contract price on Liquid is based on an index price referencing the…

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Source: https://news.bitcoin.com/liquid-perpetual-btc-contracts-100x/