Bitget announced on December 6, per an official update cited by COINOTAG News, the launch of a U-Index-based POWER perpetual contract with leverage ranging from 1x to 20x. The rollout also includes a contract trading BOT intended to support automated execution and liquidity on the platform.
The instrument relies on Bitget’s U-Index as its underlying reference, providing traders with a market-tracking benchmark for hedging and speculative strategies in the crypto derivatives space. The accompanying BOT trading feature aims to optimize order flow and enhance throughput across volatile sessions.
Traders should review the contract terms, margin requirements, and risk controls before participating. Bitget’s new offering expands access to crypto derivatives and automated trading tools, underscoring the importance of disciplined risk management in a rapidly evolving market.
Source: https://en.coinotag.com/breakingnews/bitget-launches-u-index-based-power-perpetual-contract-with-1-20x-leverage-and-bot-trading
