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Bitget Revolutionizes Crypto Trading with U-based SHELL and AUCTION Perpetual Contracts
Generated by AI AgentCoin World
Monday, Feb 17, 2025 6:21 am ET1min read
Bitget, a leading cryptocurrency exchange, has announced the launch of U-based SHELL and AUCTION perpetual contracts. These new contracts are designed to provide users with more options for trading and hedging in the cryptocurrency market.
The SHELL and AUCTION perpetual contracts are based on the U-index, which is a weighted average of the prices of multiple cryptocurrencies. This index provides a more stable and diversified basis for trading, as it is less susceptible to the price fluctuations of individual cryptocurrencies.
The launch of these new contracts comes as part of Bitget's ongoing efforts to expand its product offerings and provide users with more tools for managing their cryptocurrency portfolios. The exchange has also announced that contract strategy trading will be opened simultaneously with the listing of the new contracts.
The cryptocurrency market has seen significant growth in recent years, and the launch of these new contracts is a reflection of this growth. As the market continues to evolve, exchanges like Bitget are working to provide users with more options for trading and investing in cryptocurrencies.
The launch of the U-based SHELL and AUCTION perpetual contracts is a significant development in the cryptocurrency market, and it will be interesting to see how these new contracts are received by users. As the market continues to grow and evolve, exchanges like Bitget will play a crucial role in providing users with the tools they need to manage their portfolios effectively.
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