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Singapore, September 20, 2020 – For the first time in the industry, MCS (MyCoinStory), a global cryptocurrency derivatives exchange announced the listing of the SUNUSDT futures contract on September 18, 2020. Just one day before this launch, the KLAYUSDT futures contract was released on September 17, 2020, which was also the first futures contract listing in the industry.
The SUN token used in the SUNUSDT futures is the TRON Foundation’s most distinguished experimental DeFi (Decentralized Finance) project token these days. Data released by the TRON Foundation claims 6.7 billion TRONs were staked during the SUN’s Genesis Mining period, which is approximately $ 191 million. The KLAY token in KLAYUSDT futures is the native currency of the Klaytn blockchain developed by Ground X, a subsidiary of Kakao Corporation.
This series of release of futures contracts is called “Quanto Colored”, a series of quantum products with “colorful” features and variations.
A contract refers to a derivative instrument that is settled as another asset rather than as a base currency or counter currency in a trading pair. MCS’s first quantum product, the KLAYUSDT futures, and the recently released SUNUSDT are both settled in BTC with a BTC margin, not the USDT base currency or the KLAY and SUN counter-currencies, respectively. MCS is focusing on introducing more exclusive futures products before other exchanges.
The MCS rep said that “there are many cryptocurrency traders who show great interest, and often these cryptocurrencies fluctuate a lot. By listing more products than futures on MCS, we can offer a variety of trading options that true traders can enjoy and benefit from. ”
Meanwhile, a size program it’s at commercial competition with a prize pool of 10,000 KLAYs are currently underway and more events are planned for SUNUSDT futures in the near future.
For more information, contact [email protected].
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* MCS (MyCoinStory)
MCS (MyCoinStory.com) is the next generation cryptocurrency perpetual contract trading platform created by experts from the financial and blockchain industries.
Together with a team of experts, MCS is walking side by side with traders to access financial freedom in the best possible way by creating a trusted trading environment for traders that includes enterprise-grade IT systems, multilingual online customer support and a partnership with the industry’s leading digital asset custodian, “BitGo”.
MCS is constantly improving its trading platform for traders so that traders can dream of a better future. As the #Be_a_Trader slogan shows, MCS focuses on giving every trader on the platform the authentic “trading” experience through various features and training materials.
This is a press release. Readers should perform their own due diligence before taking any action related to the promoted company or its affiliates or services. Bitcoin.com is not liable, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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