Bone perpetual contracts launch on SuperEx exchange allowing traders to use leverage to trade Bone with USDT
A SuperEx poll showed 72% of users interested in trading Bone, indicating strong community support.
With 10 million users, SuperEx could expose Bone to a wider audience and potentially drive its price up.
Bone token, the governance power token of the SHIB Army, is poised for new growth. Currently trading at $0.4681, Bone is now available under perpetual contracts on the SuperEx crypto exchange, opening up to a completely new population of traders and investors.
Could this be the fuel Bone needs to blast off to new heights? Read on to find out!
SuperEx Announcement: A New Dawn for Bone
SuperEx announced on Twitter that the perpetual contract of Shibโs Bone token with a USDT pair would be launched. Detailed information about this launch is available on their official announcement page.
The Bone token will be traded with the USDT pair, offering a leverage multiple between 1x to 10x. BONE will be the underlying asset, and USDT will act as the settlement asset.
Trading Modes to Know
Perpetual trading on SuperEx will provide users with three modes: Cross position, Isolated position, and Split position. The exchange has also issued a risk disclaimer stating that, depending on market risk conditions, they may adjust the parameters of BONE perpetual trading from time to time.
This information was confirmed when Lucie, the marketing lead at Shib, quoted SuperExโs tweet and captioned it with $BONE.
Following this news, the excitement level of the SHIB Army soared. A poll conducted by SuperEx crypto exchange evidenced this enthusiasm.
They asked, โWhat #Crypto are you trading today?โ The votes clearly showed the SHIB Army’s excitement about this event, with a whopping 72% voting in favor of $BONE. Blast received 9.6% of the votes, others 16.1%, and Giga the lowest at 2.2%.
A Promising Future for Bone
The SHIB community, one of the strongest in the crypto ecosystem, has supported the SHIB token even in the toughest times. The launch of Shibโs Bone token perpetual contract on SuperEx exchange is a promising sign for its growth. The community can expect to see a spike in the price of Bone, as SuperEx is one of the major exchanges registered in Canada with a high number of users. The exchange boasts 10 million registered users and around 343,000 Twitter followers.
This launch will expose the Bone token to a whole new group of potential traders and investors, bringing hope for a price surge to create a new all-time high.