As if BitMEX did not already have enough competitors trying to replace it as the top cypto derivatives exchange in the world, here's one more: Coinbase-backed BLADE is ready to offer up to 150X leverage for trading perpetual swaps on Bitcoin and altcoins once it is launched (in around three weeks). Perpetual Swaps The BLADE website defines perpetual swaps (aka "perpetuals") as financial derivatives, similar to futures, that enable traders/investors/speculators/hedgers to easily long and short cryptocurrencies with leverage." It says they are named this way since "they never expire and they are classified as swaps ... (full story)