[PRESS RELEASE – VILNIUS, Lithuania, July 26th, 2024]
In July 2024, we took a serious initiative to Bitcoin China Company Leverage as much as 50 occasions has been launched for greater than 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, XRP, SOL and DOGE. BTCC has now determined to reinforce the futures buying and selling expertise by rising the accessible leverage from 20x to 50x, setting a brand new customary within the cryptocurrency buying and selling world as most exchanges solely supply as much as 20x leverage to their merchants.
Since launch, almost 25% of orders have been positioned with 50x leverage, demonstrating robust demand from merchants. Greater than 300 cryptocurrencies cowl many tokens at present in the marketplace, equivalent to 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 foreign money pairs and the response was overwhelmingly constructive. Since then, our customers have been asking for elevated leverage on different altcoins, particularly memecoins. . This suggestions prompted our determination to extend leverage to 50x on over 300 buying and selling pairs.
The primary benefit of upper leverage is the flexibility to open giant market positions with comparatively small quantities of capital, permitting merchants to considerably amplify their potential income. This characteristic is enticing to skilled merchants who’re in a position to predict market traits. Nonetheless, merchants should concentrate on the dangers concerned, and the stop-loss characteristic is a crucial device to assist handle these dangers successfully.
About BTCC Trade
Bitcoin China CompanyBased in 2011, it is likely one of the longest-serving and most respected cryptocurrency exchanges on the planet. Identified for its robust safety measures and user-friendly platform, BTCC presents a variety of options together with spot buying and selling, futures buying and selling and duplicate buying and selling, appropriate for each new and skilled merchants.
web site: https://www.btcc.com
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