Bybit Adds Major Currency Pair Perpetuals with Up to 100x Leverage

Dubai-based crypto exchange Bybit has expanded its traditional finance derivatives lineup with the launch of USDT-settled perpetual contracts tracking major foreign currency pairs. The new contracts cover EUR/USD, GBP/USD and USD/JPY, offering traders a way to bet on these markets without owning the underlying currencies themselves.

The perpetuals have no expiration date and come with leverage of up to 100x. Profits and losses are settled in USDT, allowing for round-the-clock trading that isn't dependent on the hours of operation of traditional FX markets.