BTCC Change Introduces As much as 50x Leverage on Over 300 USDT-Margined Buying and selling Pairs

VILNIUS, Lithuania, July twenty sixth, 2024, Chainwire

In a big transfer this July 2024, BTCC has launched as much as 50x leverage on over 300 USDT-margined 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 rising the obtainable leverage from 20x to 50x, setting a brand new normal within the crypto buying and selling world the place most exchanges solely present as much as 20x leverage for his or her merchants.

Since this launch, practically 25% of orders have been positioned with 50x leverage, showcasing the sturdy demand amongst merchants. The 300+ cryptocurrencies function lots of the cash out there proper now, similar 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 pairs, and the response was overwhelmingly optimistic. Our customers have since been asking for greater leverage on different altcoins, particularly memecoins. This suggestions drove our choice to extend the leverage to 50x on over 300 buying and selling pairs.”

The first benefit of upper leverage could be the flexibility to open massive market positions with a comparatively small quantity of capital, permitting merchants to considerably amplify their potential income. This function could be engaging for knowledgeable merchants who can predict market actions. Nevertheless, merchants should pay attention to the dangers concerned, and the stop-loss function is a necessary software to assist handle these dangers successfully.

About BTCC Change

BTCC, established in 2011, is likely one of the world’s longest-serving and most respected cryptocurrency exchanges. Recognized for its strong 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, catering to 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