Bithabl.com plans to launch futures on Tether with the possibility of margin trading

According to The Block, citing a representative of the cryptocurrency exchange Bithabl, the platform plans to launch futures on the USDT staple with the possibility of margin trading as early as next month.
“We will keep you informed and will let you know as soon as new details emerge,” a spokesman for the exchange said.

FUTURES on USDT with the possibility of margin trading will allow traders to use borrowed money to increase their position. Accordingly, both possible profit and possible losses will increase. At the same time, Bithabl has not yet disclosed the maximum size of the leverage.

Earlier, the cryptocurrency exchange Binance launched two platforms for trading cryptocurrency futures. In addition, yesterday began trading bitcoin futures on the platform for institutional investors Bakkt.