Bitget Coin-M Futures now supports USDe margin

1. Bitget Coin-M Futures now supports USDe margin

We are proud to announce that Bitget has successfully integrated Ethena Labs' synthetic dollar, USDe, as margin for Coin-M Futures trading! We sincerely invite all users to experience USDe margin in Coin-M Futures and embark on an exciting trading journey with us.

As a cryptocurrency exchange dedicated to providing an exceptional trading experience, Bitget keeps a constant eye on industry development trends. Integrating USDe as margin is another significant step in enhancing trading diversity and the user experience.

We recognize the tremendous potential of USDe, which is set to demonstrate strong competitiveness in the market in a manner similar to USDT. By supporting USDe in Coin-M Futures, we actively meet users' demands for more functional financial tools, allowing them to manage and grow their investment portfolios innovatively.

2. Advantages of using USDe as margin

Using USDe as margin offers numerous advantages, including but not limited to:

2.1 Increasing the diversity of trading strategies to meet the needs of different users.

2.2 Enhancing the efficiency of capital utilization to optimize asset allocation.

2.3 Providing users with a more stable and convenient trading experience.

3. How to use USDe as margin for Coin-M Futures (app)

The general steps to use USDe as margin for Coin-M Futures are as follows:

3.1 Log in to your Bitget account.

3.2 Deposit or transfer USDe: transfer your USDe funds into your Coin-M Futures account.

3.3 Select Futures: head to the futures trading page and select Coin-M.

3.4 Select the trading pair: on this page, choose the trading pair you want to trade, such as BTCUSD.

3.5 Choose Margin: on this page, select USDe as your margin.

3.6 Set leverage: based on your risk tolerance and trading strategy, set the appropriate leverage. Note that high leverage magnifies gains and losses.

3.7 Place your order: based on your market analysis and trading strategy, choose to buy or sell futures. Select a market order, limit order, or other type of order.

3.8 Monitor your position and market conditions: closely monitor changes in your position and market conditions during the trading process. You can set stop-loss and take-profit orders to control risk and protect profits.

3.9 Close your position: close the position when your trades reach an expected profit or loss. You can choose to close at market price or limit price.

To better manage the launch of USDe margin for Coin-M futures during the current period, the trading limit is set at 1 million USDT worth of assets for individual users and 30 million USDT worth of assets for all users combined.

Note that these rules may be adjusted according to market conditions and platform policies.

Bitget continues to innovate and improve to provide users with higher-quality and more convenient trading services. Thank you for your continued support and trust!