BitMEX and PowerTrade Join Forces to Unveil Innovative Crypto Trading Products

• Exciting News! BiMEX is teaming up with crypto options platform PowerTrade to develop and introduce new trading products for professional traders.
• Backed by Ascend Ventures, Pantera Capital, Ledger Prime, and QCP Capital, this strategic partnership is set to take the crypto world by storm.

BitMEX, the crypto derivatives exchange, has proudly announced its strategic partnership with PowerTrade, a crypto options platform that is supported by top industry investors. This exciting collaboration aims to bring innovative new products to the market, specifically designed for professional traders. With this integration, BitMEX is expanding its already impressive portfolio and focusing on elevating the trading experiences of its users.

Stephan Lutz, CEO at BitMEX, shared his thoughts on the partnership, stating:

“Our strategic partnership with PowerTrade showcases our commitment to providing crypto traders with the most profitable opportunities on the safest and most reliable trading platform available. We understand the dynamic and competitive nature of the market, and we aim to set new standards for the future of crypto trading.”

This latest move by BitMEX comes at a time of increasing demand for new derivatives products from professional traders. Currently, traders have access to over 100 derivatives contracts on the platform and can engage in spot trading for 11 major pairs.

The platform’s most recent listing is for Fantom, with a perpetual swap of the layer one smart contract platform’s FTM set for listing on December 7, 2023. 

$FTM fans listen up because @FantomFDN is coming to BitMEX tomorrow, along with 10x leverage. Get all the details on the latest listing.

— BitMEX (@BitMEX) December 6, 2023

According to details on the BitMEX website, FTM/USD Perpetual Swap will list with up to 10x leverage.

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