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A leading exchange launches XAGUSDT perpetual contracts with up to 50x leverage
【Blockchain Rhythm】Market Update: A leading exchange announced that the XAGUSDT Perpetual Contract trading pair will officially go live at 10:00(UTC) on January 7th. This new product supports up to 50x leverage, providing a new option for precious metal derivatives trading.
XAGUSDT is priced in USD, with each contract representing 1 troy ounce of silver. For traders looking to participate in precious metal price fluctuations, this undoubtedly broadens trading options — they can participate through traditional precious metal markets or leverage on crypto derivatives platforms. High leverage means both opportunities and risks coexist; traders need to implement proper risk management.