BTCC Exchange offers 50x leverage on 300+ USDT-margined trading pairs, reflecting strong demand.
From Investing.com
July 26, 2024 10:30 AM:
BTCC has launched up to 50x leverage on over 300 USDT-margined trading pairs, following the success of offering 500x leverage on major pairs. Nearly 25% of orders are placed with 50x leverage, reflecting strong demand. The leverage increase aims to enhance the futures trading experience for 300+ cryptocurrencies, including popular coins like SHIB and AVAX.
Head of Operations at BTCC, Alex, stated that the positive response to 500x leverage on major pairs led to the decision to increase leverage to 50x on over 300 trading pairs. The higher leverage allows traders to open larger market positions with a small capital amount, potentially amplifying profits. However, traders must understand the associated risks and utilize the stop-loss feature effectively.
BTCC Exchange, established in 2011, is a leading cryptocurrency exchange known for its security measures and user-friendly platform. Offering spot trading, futures trading, and copy trading, BTCC caters to novice and experienced traders alike. Explore the wide range of features on the BTCC platform to elevate your trading experience. Visit their website at https://www.btcc.com for more information.
Read more at Investing.com: BTCC Exchange Introduces Up to 50x Leverage on Over 300 USDT-Margined Trading Pairs By Chainwire