Bitget Launches KAITO Perpetual Contract: 75x Leverage in Volatile Crypto Market

Bitget, a leading cryptocurrency exchange, has launched the U-based KAITO perpetual contract, offering leverage ranging from 1 to 75x. This new product is designed to provide traders with more flexibility and opportunities in the volatile cryptocurrency market.

The KAITO perpetual contract is a derivative product that allows traders to speculate on the price of cryptocurrencies without owning the underlying assets. With leverage up to 75x, traders can potentially amplify their gains, but they should also be aware of the increased risk.

Bitget's launch of the KAITO perpetual contract comes at a time when the cryptocurrency market is experiencing significant volatility. The market has seen a resurgence in interest in artificial intelligence (AI) projects, while meme coins continue to face fatigue.

The launch of the KAITO perpetual contract is part of Bitget's ongoing efforts to expand its product offerings and cater to the diverse needs of its clients. The exchange has been actively developing new products and services to stay ahead of the competition in the rapidly evolving cryptocurrency market.

The KAITO perpetual contract is now available for trading on the Bitget platform. Traders can access the new product through the exchange's web and mobile platforms. Bitget encourages traders to carefully consider their risk tolerance and trading strategies before engaging in leveraged trading.