Just saw that the head trading platform officially launched the Silver Perpetual Contract XAGUSDT at 10:00 (UTC) on January 7th, supporting up to 50x leverage.
To be honest, precious metals derivatives have always been a key focus for institutions. XAGUSDT is USD-denominated, with each contract representing 1 troy ounce of silver. This design makes it less complicated for retail investors to participate.
However, leverage should be approached with caution—50x may seem tempting, but since silver is a safe-haven asset, its volatility isn't that extreme, making liquidation risk higher. It's recommended for beginners to start with 5-10x leverage to test the waters, following the spot price trend and avoiding greed. After all, the funding rate of perpetual contracts also fluctuates, so stay alert to avoid being caught off guard. Are you interested in this product?
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ShadowStaker
· 01-10 08:12
50x leverage on silver lmao, institutions really out here trying to make retail bleed. funding rates on these perps are gonna be absolutely vicious once volume picks up, nobody talks about that enough ngl. low volatility assets + extreme leverage = liquidation casino, and i've seen this play out too many times. stick to 5-10x if you actually want to sleep at night.
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OnchainHolmes
· 01-10 03:52
50x leverage is really a trap. That's how I got drained last time. Even a 5% drop in silver is enough to make you go into a daze and wipe out your position.
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SurvivorshipBias
· 01-07 10:45
A 50x leverage is really tempting, but silver doesn't fluctuate much, so it's really hard to withstand a margin call...
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SignatureVerifier
· 01-07 10:42
ngl, 50x leverage on silver? that's just asking to get liquidated. technically speaking, the funding rate mechanics alone require further auditing before anyone touches this with real capital. trust but verify, especially with new contract deployments—insufficient validation practices everywhere lately.
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PoolJumper
· 01-07 10:37
Using 50x leverage can really easily wipe people out; my friend tried it once and was immediately liquidated.
Silver's volatility is so small, taking such high leverage is definitely asking for trouble.
Beginners should stick to small leverage and not think about going all-in in one shot.
Be sure to watch out for the funding rate trap, or you'll get cut off for no reason.
Just saw that the head trading platform officially launched the Silver Perpetual Contract XAGUSDT at 10:00 (UTC) on January 7th, supporting up to 50x leverage.
To be honest, precious metals derivatives have always been a key focus for institutions. XAGUSDT is USD-denominated, with each contract representing 1 troy ounce of silver. This design makes it less complicated for retail investors to participate.
However, leverage should be approached with caution—50x may seem tempting, but since silver is a safe-haven asset, its volatility isn't that extreme, making liquidation risk higher. It's recommended for beginners to start with 5-10x leverage to test the waters, following the spot price trend and avoiding greed. After all, the funding rate of perpetual contracts also fluctuates, so stay alert to avoid being caught off guard. Are you interested in this product?