SINGAPORE, April 14, 2020 /PRNewswire/ — A worldwide cryptocurrency derivatives buying and selling platform MCS (mycoinstory.com) has introduced the launch of its TestNet on April 13. MCS, headquartered in Seychelles, is the next-generation cryptocurrency derivatives buying and selling platform consists of finance and cryptocurrency consultants.
A perpetual contract, which has the very best buying and selling quantity within the cryptocurrency market, permits merchants to capitalize on the rise and fall of asset costs. Subsequently merchants can revenue even within the bear market whereas on the similar time use leverage to regulate a bigger quantity of fairness available in the market.
MCS introduces an modern ‘multi-position’ perform, which permits merchants to handle three positions in a single account without delay. This distinctive asset administration perform shares one order bookkeeping the liquidity of the a number of positions in a single place offering a sturdy buying and selling expertise. The ‘multi-position’ perform expands the horizon from having one or two positions to with the ability to handle a complete of three completely different positions on the similar time. With this perform, merchants can diversify their buying and selling methods by way of hedging and speculating with completely different leverage for every place.
The business has demonstrated instabilities within the methods, particularly within the mark worth, a reference worth of a by-product, which is used because the set off for liquidation. Many exchanges available in the market at the moment undertake the BTC/USD buying and selling pair, nevertheless, since there are solely a restricted variety of exchanges that deal with the BTC/USD buying and selling pair, the dearth of liquidity and reference factors result in an elevated chance of leading to pointless liquidations from systematic errors. At MCS, BTC/USDT buying and selling pair is used to guard merchants from these sorts of circumstances.
Dong Wook Search engine optimisation, CEO of Rade Lab Inc., the developer firm of MCS, mentioned that “as you’ll be able to see from the slogan, #Be_a_Trader, MCS has an incredible mission to supply an actual ‘buying and selling’ expertise by way of varied capabilities and coaching supplies.”
Dong Wook Search engine optimisation can also be an adjunct professor within the Division of Blockchain on the graduate faculty of data and telecommunications at Konkuk College. He had labored at Meritz Securities and Coinone COO, which is likely one of the high three exchanges in South Korea, and based blockchain corporations R2V Inc., and Rade Lab Inc.
In commemoration of the TestNet launch, varied occasions shall be held for merchants all over the world for Four weeks ranging from April 13th. The occasions are Bug Bounty, BTC/USDT Perpetual Mock Buying and selling Competitors, and Early Fowl Registration for merchants to expertise first-hand the strong platform. Additionally, merchants who efficiently take part within the occasion will obtain a lifetime 40% off on buying and selling charges.
MCS Bug Bounty
– April 13, 2020 – Could 4, 2020
– Reward: As much as 100 USDT value BTC Bonus
MCS BTC/USDT Perpetual Mock Trading Competition
– April 20, 2020 – Could 4, 2020
– Reward: As much as 2,400 USDT value BTC Bonus
MCS Early Bird Registration
– Particulars TBA
For extra info, please go to the MCS web site and its official weblog, or e mail [email protected].
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MCS
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