Bit.com is a number one high-performance derivatives cryptocurrency trade that gives quite a few incentives for futures buying and selling on its platform, together with leverage of as much as 50x. As well as, the Bit.com workforce just lately added USDT margined futures to its buying and selling platform, making it simpler for customers to commerce on the platform. 

USDT margined futures are cryptocurrency derivatives that enable customers to construct lengthy or brief positions and revenue from the underlying asset’s value rising or falling. USDT margined futures are denominated in USDT and settled in USDT, and bit.com already helps USDT margined perpetual swaps. Moreover, USDT margined futures are solely accessible to Unified Margin Mode (UM) customers and never Traditional Mode customers. Info on switching to Unified Margin Mode is offered on the bit.com trade’s web site. 

Moreover, Bit.com just lately announced a take care of The Open Community to develop, enhance, & increase the TON ecosystem. The Open Community, or TON, is a third-generation proof-of-stake blockchain created in 2018 by the Durov brothers, Telegram Messenger’s founders. It was later handed on to the open TON Neighborhood, supported and creating it ever since. TON was created for lightning-fast transactions and is exceptionally low cost, user-friendly, and absolutely useful. 

This collaboration would open up new use-cases for TON’s native token, notably on bit.com’s upcoming financial savings product in crypto monetary providers. As well as, as a part of the collaboration, Cactus Custody, a third get together institutional custody service owned by the builders of bit.com’s cryptocurrency trade, Matrixport, will assist TON’s native token. 

When requested in regards to the significance of the partnership with TON, Toya Zhang, Chief Advertising and marketing Officer at bit.com, mentioned, “TON’s heritage & roadmap, mixed with its efficiency, has given us confidence in its immense potential. We anticipate that our customers will acknowledge and recognize its worth. Bit.com and Matrixport provide a variety of revolutionary merchandise, buying and selling, and asset administration instruments to assist the TON ecosystem develop quicker. We’re thrilled to be collaborating with TON and look ahead to contributing to its neighborhood as we incorporate TON into our numerous merchandise.” 

Bit.com aspires to be the business chief in cryptocurrency exchanges, with revolutionary monetary merchandise that provide flexibility and comfort to each Spot and Futures merchants on its buying and selling platform. Bit.com is the second-largest buying and selling quantity within the BTC and ETH choices markets, and the addition of USDT margined futures would profit each the platform and its customers in the long term. Bit.com offers buying and selling technique execution, liquidity provision providers, and value discovery whereas continuously driving the monetary product innovation and itemizing selective tokens for its customers.