In a bullish year, it is not remarkable to see the cumulative transaction volume of exchange exceeds 200 billion US dollars with over 400,000 registered users, however, these results are outstanding in a bearish year. Indeed, 58COIN is the exchange that has created such eye-catching data.
Let’s look at the other impressive data below:
Monthly Contract Transaction Peak Exceeded 30 Billion US Dollars
24H Contract Volume Peak Exceeded 2 Billion US Dollars
The Rebates for A Single Broker Exceeded 1 Million US Dollars
Community Users Broke Through 100,000
Platform Risk Reserves: BTC 20,000+; ETH 200,000+
58COIN: World’s Leading Digital Asset Trading Platform
Established Date: November 2017
Place of Registration: Marshall Islands
Global Layout: Global distributed office covering 4 continents, including America, Europe, Asia, Oceania; 6 countries, including USA, UK, China, Japan, Marshall, New Zealand.
Products: USDT Perpetual Contract, Digital Perpetual Contract, Regular Contract, Mortgage Loan, Spot, OTC, etc.
Terminals: Web, Android, iOS.
Languages: Chinese, English, Japanese, Korean, Russian.
7*24h Customer Service
Investors who understand the development of the currency realm know that after the BTC broke the historical high at the end of 2017, it continued to fall, and officially entered the bear market in mid-2018. During the period, over ten thousands of exchanges established, but a handful of them survived. According to statistics, as of the end of February this year, more than 90% of the exchanges disappeared. So, how did 58COIN manage to stand out in such a “cruel” bear market?
1. First-Class R&D and Innovation Ability: The Perpetual Contract and Mortgage Loan initiated by 58COIN make up the market gap.
2. Strong Financial Strength: The platform has the world top mining pool and has tens of thousands of BTC.
3. Complete Business Ecology: Covering industry-leading contract series (Digital Contract, USDT Contract, Regular Contract), Mortgage Loan, Spot, OTC.
4. Ultra Low Transaction Costs: Spot and OTC trades are free, such a unique initiative will undoubtedly attract more investors and further expand the depth of the market; No holding costs and low trading fee of 0.15% mark the lowest contract trading costs in the industry; Mortgage provides flexible loan period and the lowest interest rate of 0.01% for users, in addition, fast approval and unlimited use of the funds revitalize the idle digital assets to some extent.
5. Top Technical Support: The core members are from BAT, Goldman Sachs, etc., and multi-layer encryption is adopted in the transaction system to ensure high security.
6. Support Five Languages: Chinese, English, Korean, Japanese, and Russian. Investors from different countries and regions can enjoy a smooth trading experience wherever they are.
7. 7*24h Customer Service: Online customer service and community service provide 24h service with quick response and support Chinese, English, Korean, Japanese, and Russian.
Contract Transaction Stands Out In Bear Market
As the world’s largest and most comprehensive contract trading platform, 58COIN has three types of contract products: digital perpetual contract (swap), USDT contract, and regular contract, all supporting 100x, 50x, 33x, 20x, 10x, 5x, 3x, and 2x leverages. According to the relevant director of 58COIN, the daily new-added user has maintained a four-digit growth, and USDT contract is their preferred choice. Why are new users so fond of the USDT contract?
1. Support Two-Direction Position: You can long and short with a single currency at the same time.
2. Combined Calculation for All Positions: It realizes the flexible combination of multiple varieties and ensures lower risk by using the risk level of combined calculation as the liquidation indicator.
3. Available Unrealized Profit: The unrealized profit will be included in the margin automatically, which can be used to open positions, trade, and make withdrawals.
4. Trading Multiple Contracts with USDT: You can trade BTC, EOS, and other contract products with USDT, and do not need to convert currencies.
5. Long-Term Preservation of Asset Value: As the quote currency and calculation currency, USDT, its stability feature can realize the long-term preservation of asset value.
6. Shortcut for Hedging and Arbitrage: 58COIN is your shortcut platform for hedging and arbitrage.
7. High Capital Utilization: You can open positions in two directions, the margin is only charged on the side of higher value and no repeated charging.
8. Market Price Protection: To execute the order at market price limits the floating range, which can prevent manipulation loss or wrong operation.
In addition, it boasts the features of the digital contract including no market price liquidation, no socializing losses, no delivery, low transaction costs, multiple varieties and leverages, and is highly popular among investors.
58COIN has been focusing on product and technical innovation and launched Global Broker Recruitment Project, a valid broker can enjoy rebates, a minimum 60% of the invitees’ handling fees.
Besides, 58COIN also attaches importance to user care, it sent 10,000 Yangcheng Lake hairy crabs on the first anniversary day and 10,000 Chagan Lake fresh fishes as the New Year’s gifts. Compared with other exchanges, its sincerity is easy to see.
All in all, 58COIN is an exchange that has a global strategic layout and a full-cycle ecological layout of digital assets.