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      New Listing: ETHBTCUSDT Perpetual Contract

      We are thrilled to announce that Bybit will be listing the ETHBTCUSDT Perpetual Contract on June 7, 2024, at approximately 10:30 UTC. This contract will offer up to 50x leverage.

      The ETHBTCUSDT contract is based on the ETH/BTC ratio, using the USDT equivalent of the ETH/BTC rate for market quotations and index price calculations. The settlement currency will be in USDT.

      For example, if the current ETH/BTC exchange rate is 0.05464, the corresponding index price will be 0.05464 USDT.

      For more information about this contract, please visit [here](https://www.bybit.com/en/announcement-info/contract-detail/).

      [Click here and trade now]

      Please note:

      • The ETHBTCUSDT Perpetual trading page will be available from June 7 at approximately 10:30 UTC onwards.
      • Bybit has the right to adjust the parameters of each contract, including but not limited to the minimum price change, maximum leverage, initial margin, and maintenance margin.

      If you have any questions, feel free to contact our Customer Support.

      Read the original article at bybit

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