- This launch comes after Huobi introduced perpetual swaps in March this year.
- The Bi-Quarterly products will offer leverage options of up to 125x.
- Per Huobi, the new product will support nine mainstream cryptocurrencies and 36 trading pairs.
Huobi exchange has introduced a new futures product on its platform. Dubbed Bi-Quarterly Contracts, the exchange released this product on June 15. The exchange unveiled this news via a blog post, noting that the Bi-Quarterly futures contracts would join its wide array of derivatives trading tools to help increase leverage options. This launch came just a day after Huobi rolled out version 4.2.0 of its system upgrade on June 14.
According to the blog post, this launch comes after Huobi rolled out perpetual swaps in late March. A few months after the introduction of this product, Huobi topped the daily trading volume in coin-margined perpetual swaps. Following this success, the Huobi Futures team got inspired to roll out the Bi-Quarterly Contracts.
Reportedly, the new features product will offer higher leverage options of up to 125x. As such, it will provide users with a broad range of choices and lower principal cost to open a position. For experienced futures traders, this means that they will need less principal cost when they apply high leverage multiples. Bi-Quarterly contracts will also provide an opportunity to cut commission costs seeing as the