VILNIUS, Lithuania, July 26th, 2024, Chainwire
In a significant move this July 2024, <a href="https://www.btcc.com/en-US" rel="noopener noreferrer nofollow">BTCC</a> has launched up to 50x leverage on over 300 USDT-margined trading pairs. This development follows the successful introduction of 500x leverage on major trading pairs, including BTC, ETH, XRP, SOL, and DOGE. BTCC has now decided to elevate the futures trading experience by increasing the available leverage from 20x to 50x, setting a new standard in the crypto trading world where most exchanges only provide up to 20x leverage for their traders.
Since this launch, nearly 25% of orders have been placed with 50x leverage, showcasing the strong demand among traders. The 300+ cryptocurrencies feature many of the coins in the market right now, such as PEPE, SATS, WIF, SHIB, ZK, WLD, AVAX, and TON.
<blockquote>
 Alex, Head of Operations at BTCC, commented on the launch, "In June, we introduced 500x leverage on major pairs, and the response was overwhelmingly positive. Our users have since been asking for higher leverage on other altcoins, especially memecoins. This feedback drove our decision to increase the leverage to 50x on over 300 trading pairs."
</blockquote>
The primary advantage of higher leverage can be the ability to open large market positions with a relatively small amount of capital, allowing traders to significantly amplify their potential profits. This feature can be attractive for experienced traders who can predict market movements. However, traders must be aware of the risks involved, and the stop-loss feature is an essential tool to help manage these risks effectively.
About BTCC Exchange
<a href="https://www.btcc.com" rel="noopener noreferrer nofollow">BTCC</a>, established in 2011, is one of the world's longest-serving and most reputable cryptocurrency exchanges. Known for its robust security measures and user-friendly platform, BTCC offers a wide range of features, including spot trading, futures trading, and copy trading, catering to both novice and experienced traders.
Website: <a href="https://www.btcc.com" rel="noopener noreferrer nofollow">https://www.btcc.com</a>&nbsp;
X: <a href="https://x.com/BTCCexchange" rel="noopener noreferrer nofollow">https://x.com/BTCCexchange</a>&nbsp;
ContactAaryn Lingpress@btcc.com
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

BTCC Exchange Introduces Up to 50x Leverage on Over 300 USDT-Margined Trading Pairs

Crypto Daily™

Inne artykuły opublikowane 26 lip 2024

Avalanche Price Analysis: Major Rally Post-Market Rebound?

Solana's Celebrity Meme Coins Down 94% On Average: 'Initial Pump And Then Nothing,' Researcher Notes

Upcoming Token Unlocks: A Closer Look at W, OP, SUI, and More

VanEck Sees Bitcoin Surging To $2.9 Million By 2050 As Reckless Governments Risk World Financial ...

Partnership Enhances Financial Access in Africa

Senator Cynthia Lummis Confirms Big Announcement In Bitcoin Conference

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!