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HomeCrypto NewsMarketBitmex Launches Four New Perpetual Contracts For Shiba Inu and BONE

Bitmex Launches Four New Perpetual Contracts For Shiba Inu and BONE


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BitMEX launches four new perpetual contracts for the Shiba Inu ecosystem with up to 33x leverage.

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Seychelles-based cryptocurrency exchange BitMEX to introduce four new perpetual trading pairs for Shiba Inu Ecosystem, including SHIBUSDT, SHIBUSD, BONEUSDT, and BONEUSD.

BitMEX, a leading crypto trading platform, has listed two new perpetual contracts for Shiba Inu on its platform. This move will allow BitMEX users to long or short SHIB, with up to 33x leverage.

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In addition, BitMEX has added support for the Governance token of the Shiba Inu Ecosystem, Bone ShibaSwap (BONE). The top exchange launched two new perpetual trading pairs, BONEUSDT and BONEUSD, with up to 5x leverage.

Founded in 2014, BitMEX is a leading cryptocurrency exchange and derivative trading platform. The platform enables traders to buy and sell over 26 cryptocurrencies with low fees.

According to CoinMarketCap, BitMEX is the 39th biggest cryptocurrency exchange based on daily trading volume. Per CoinMarketCap data, the platform users have exchanged hands with $942,267 in digital assets in the past 24 hours.

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The development comes shortly after the newly launched Shiba Inu’s L2 blockchain Shibarium achieved a new utility milestone, surpassing the 500K transactions threshold.

The latest data on Shibariumscan.io, the blockchain explorer of Shibarium, reveals that the network has now processed 514,576 transactions. The number of unique wallet addresses connected to Shibarium increased accordingly and now stands at 304,045. Meanwhile, the overall blocks produced on the Mainnet stood at 366,079, with an average block time of 5 seconds at press time.

Shibarium Statistics
Shibarium Statistics

In addition, the official website of Shibarium Tech reveals that the Community has staked 21,637,744 (21.63 million) BONE, worth $28,561,822 ($28.56 million) on Shibarium Network.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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