As an exchange that has always kept abreast of market trends during the course of 11 years in the industry, BTCC has recently added tokenized futures to their list of product offerings, given that tokenization is becoming a growing trend in the crypto universe.
Invented by BTCC, tokenized futures are an innovative product that allows users to trade stocks and commodities with USDT without the hassle of opening an account on other traditional exchanges, making portfolio diversification easier and more convenient on the platform.
BTCC has launched seven tokenized futures in this round of product addition: two popular commodities, which are gold (GOLDUSDT) and silver (SILVERUSDT), as well as five major stocks, which are Apple (AAPLUSDT), Tesla (TSLAUSDT), Meta (METAUSDT), Microsoft (MSFTUSDT), and Taiwan Semiconductor Manufacturing Company Limited (TSMUSDT). These tokenized futures are quoted and settled in USDT, and the prices are pegged at a 1:1 ratio with the market price of the target stock/commodity.
Using USDT as the margin, users can go long or short on these tokenized futures with 20x-150x leverage, depending on the products. All tokenized futures are perpetual contracts, meaning that they have no expiration dates. Users can hold their positions for as long as they wish to realise their profits when the timing is right, making these products more advantageous for users in the current market volatility.
With over a million registered users as well as institutional users on the platform, the liquidity of these products on BTCC is guaranteed at all times. Users can buy/sell tokenized stock and commodity futures at the price they want without any slippage.
BTCC is actively adding more products to their list of offerings; follow their official Twitter account for the latest news and updates.
