New listing: BITOUSDT Perpetual Contract, with up to 25x leverage

Discover the new BITOUSDT Perpetual Contract on Bybit, offering traders up to 25x leverage and linked to the ProShares Bitcoin ETF. Start trading today!

Are you ready for a new trading opportunity? Bybit has just launched a new product that might pique your interest. Say hello to the BITOUSDT Perpetual Contract, which goes live today, July 27, 2026, and offers traders the chance to leverage their positions up to **25 times**!

What Is the BITOUSDT Perpetual Contract?

The BITOUSDT contract represents the ProShares Bitcoin ETF (BITO), providing a unique trading option linked to a prominent ETF in the cryptocurrency ecosystem. What’s more, this contract is settled in USDT, allowing for simplicity and stability in trading.

How Does It Work?

When you engage in trading BITOUSDT, you’ll benefit from a **tick size** of **0.001**, which allows for precise trading. This contract caters to both seasoned traders and newcomers looking to explore the world of perpetual contracts with **24/7 trading hours**. Not only that, but you can also employ Futures bots, including Futures Grid, Futures Martingale, and Futures Combo, to automate your trades.

What Does the Leverage Offer Mean for Traders?

With a maximum leverage of **25**, traders can potentially maximize their profits without needing to increase their capital intensity significantly. However, it’s crucial to approach leveraged trading with caution, as it also amplifies potential losses. This is especially true in the volatile world of cryptocurrencies, where rapid price fluctuations are common.

Are There Any Additional Costs?

To keep you informed, Bybit has set a **capped funding rate** of **2%**, which could affect your profitability. Additionally, the funding fee is settled every **8 hours**, meaning you should strategize your trades carefully to account for these fees.

Can You Modify Your Trading Parameters?

Bybit also reserves the right to alter various contract parameters, including minimum price changes and margin rates. If you’re considering trading on Bybit, it's wise to stay updated on any adjustments that could impact your trading strategies.

How to Get Started?

If you’re interested in diving into this new trading option, head over to Bybit’s platform to start trading the BITOUSDT Perpetual Contract. Given the flexibility and potential of this product, it’s an exciting opportunity to potentially enhance your trading strategy.

Key Takeaways

  • New BITOUSDT Perpetual Contract launched on Bybit with **25x leverage**.
  • This contract is linked to the ProShares Bitcoin ETF (BITO) and settled in **USDT**.
  • Minimum tick size for trading is **0.001**, ensuring precise transactions.
  • Employed Futures bots can enhance trading automation and efficiency.
  • Stay informed about funding fees and the potential for parameter adjustments by Bybit.

For more information and to take advantage of this trading opportunity, be sure to check out Bybit's platform directly. Also, if you’re considering trading on leading exchanges, don’t forget to explore competitive rates on platforms like Binance, Bybit, and others. Happy trading!