We are pleased to announce the launch of our daily expiring 50x leveraged Bitcoin / USD futures. The XBT24H contract will expire each day at 12:00 GMT based on the 11:30 GMT – 12:00 GMT TWAP price on the TradeBlock XBX index. If the Bitcoin / USD price moves 1% the value of XBT24H will move by 1%. Margin, profit, and loss are all conducted in Bitcoin.
The XBT24H future is ideal for short-term momentum, swing, and range traders. With 50x leverage, small movements in price can lead to large profits. XBT24H is live and available for trading. If you have any questions about our new product, please contact us at support@bitmex.com.