VILNIUS, Lithuania, July 26, 2024, Chainwire
In a big transfer this July 2024, BTCC launched as much as 50x leverage on over 300 USDT margin buying and selling pairs. This growth follows the profitable introduction of 500x leverage on main buying and selling pairs together with BTC, ETH, , SOL and DOGE. BTCC has now determined to raise the futures buying and selling expertise by growing the out there leverage from 20x to 50x, setting a brand new commonplace within the cryptocurrency buying and selling world the place most exchanges present as much as 20x leverage to their merchants.
Since this launch, almost 25% of orders have been positioned with 50x leverage, demonstrating robust demand amongst merchants. Greater than 300 cryptocurrencies embrace many cash within the present market reminiscent of PEPE, SATS, WIF, SHIB, ZK, WLD, AVAX and TON.
Alex, head of operations at BTCC, commented on the launch: “In June, we launched 500x leverage on main pairs and the response was overwhelmingly constructive. Since then, our customers have been asking for increased leverage on different altcoins, particularly memecoins. This suggestions led to our resolution improve leverage to 50x on over 300 buying and selling pairs.”
The first profit of upper leverage will be the flexibility to open massive market positions with comparatively little capital, permitting merchants to considerably improve their potential earnings. This characteristic will be enticing to skilled merchants who can predict market actions. Nevertheless, merchants should pay attention to the dangers concerned and the stop-loss operate is a vital device to assist handle these dangers successfully.
Concerning the BTCC trade
Based in 2011, BTCC is among the longest working and most revered cryptocurrency exchanges on the earth. Identified for its sturdy safety measures and user-friendly platform, BTCC affords a variety of options together with spot buying and selling, futures buying and selling and copying to fulfill each novice and skilled merchants.
Web site: https://www.btcc.com
X: https://x.com/BTCCexchange
ContactAaryn Lingpress@btcc.com
This text was initially printed on Chainwire
