58COIN Launched BNB Regular Contract
If the 58COIN exchange is a sky, then each cryptocurrency is a star. 58COIN is dedicated to collecting each bright star to the sky, so as to make investors enjoy the starlight freely. On April 24, 2019, a new star, BNB, joined 58COIN.
Speaking of BNB, it is the native token of Binance and has gone through several ups and downs, including the repurchases and destructions of the platform, and the general bear market of 2018, and finally achieved the great rise under the general bullish market of 2019.
Recognizing the value of this star, 58COIN launched the BNB Regular Contract so as to provide more interesting trading categories for investors.
The regular contract of 58COIN is a unique modified delivery contract. Except for BNB, the current regular contract has seven categories including BTC, EOS, ETH, LTC, XRP, ETC, and TRX.
It continues the traditional delivery model, but the delivery time of which has been creatively extended to six months, allowing investors to have more time to explore the market and position configuration. In addition, 58COIN improves the traditional isolated model by using USDT as the quote currency in the Regular Contract, making it possible for trading various contracts with only USDT and freeing investors from worrying about the price fluctuation effects. The new functions, including two-direction positions, and opening positions with the unrealized profit are also applicable to the regular contract, so there is no need to worry that 58COIN’s regular contract is an “old-fashioned” or “too backward” traditional delivery contract.
What surprises will the new star — BNB Regular Contract bring to us? Let’s look forward to it!
Remark: 58COIN will launch BNB Regular Contract at 17:35 (GMT +8) on April 24, and the next delivery will take place on October 25, 2019.