Bybit Launches SPOTUSDT Perpetual Contract
Cryptocurrency exchange Bybit has announced the listing of its new SPOTUSDT Perpetual Contract, allowing users to trade the underlying asset, Spotify (SPOT), against Tether (USDT). Trading for the new contract is now live, offering leverage of up to 25x.
The SPOTUSDT Perpetual Contract is also accessible through Bybit’s suite of Futures bots, including Futures Grid, Futures Martingale, and Futures Combo.
Key details of the SPOTUSDT Perpetual Contract include:
- Underlying Asset: Spotify (SPOT)
- Settlement Asset: USDT
- Tick Size: 0.01
- Maximum Leverage: 25x
- Capped Funding Rate: 2%
- Funding Fee Settlement Interval: Every 8 hours
- Trading Hours: 24/7
The official website for Spotify is spotify.com.
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