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MyCoinStory

MCS Introduces a Market Maker Program With the Best Benefits in the Industry

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Mcs Introduces a Market Maker Program With the Best Benefits in the Industry

PRESS RELEASE. Singapore, November 23, 2020 — MCS (MyCoinStory), a fast-growing cryptocurrency derivatives exchange headquartered in Singapore, announced on November 23 that it has officially launched a market maker program. As a latecomer to the industry, MCS claimed that it has prepared unprecedented benefits, in comparison with other exchanges, for its market maker program.

As an exchange that uses #Be_a_Trader as its slogan, MCS provides a higher API limits and trading fee advantages above the industry average based on the trading volume so that market makers participating in the program can trade in a more favorable environment than other exchanges. In addition, it has been announced that a dedicated manager is assigned to support various situations that may occur during trading 24/7.

According to an official from the MCS, he said “MCS, which is known for its aggressive listing of “hot” cryptocurrencies in the market that brings in a lot of traders, and for having the second-most Bitcoin-settled products after BitMEX, the industry’s number one, is looking for market maker partners.” He also added that “MCS welcomes competent companies and individuals who can actively provide greater liquidity to the platform for traders.”

MCS (MyCoinStory) is a rapidly growing exchange with a daily trading volume of $100 million according to CoinGecko. On November 18, MCS launched the first Bitcoin Cash ABC futures contract, and its recently announced industry’s lowest maintenance margin rate of 0.35% is allowing traders using the exchange to trade in a more favorable environment.

One can apply for the MCS Market Making (MM) program via [email protected]

About 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 way possible by creating a reliable trading environment for traders which includes enterprise-level IT systems, multilingual online customer support, and a partnership with the industry-leading digital asset custodial company, ‘BitGo’.

MCS is constantly improving its trading platform for traders so that traders can dream of a better future. As the slogan #Be_a_Trader shows, MCS is focused on giving every trader in the platform the authentic ‘trading’ experience through various features and training materials.

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post MCS Introduces a Market Maker Program With the Best Benefits in the Industry appeared first on Bitcoin News.

MCS, First Exchange to list TRON’s SUN and Klaytn’s KLAY Futures Contracts

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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 SUNUSDT futures contract on September 18, 2020. Just a day prior to this launch, KLAYUSDT futures contract was released on September 17, 2020, which also was the first futures contract listing in the industry.

The SUN token used in SUNUSDT futures is the most distinguished experimental DeFi (Decentralized Finance) project token by the TRON Foundation in these days. The data published by TRON Foundation claims that 6.7 billion TRON 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 futures contracts release is called the “Colorful Quanto”, a series of quanto products with ‘colorful’ characteristics and variations.

A quanto contract refers to a derivative instrument that is settled as another asset instead of either the base currency or the counter currency in a trading pair. MCS’s first quanto product, KLAYUSDT futures, and the recently released SUNUSDT are both settled in BTC with a BTC margin, not in the base currency USDT or the counter currencies KLAY and SUN, respectively. MCS is focusing on introducing more unique quanto futures products before other exchanges do.

The representative of MCS quoted that “there are many cryptocurrencies traders show great interests, and often these cryptos fluctuate a lot. By listing more quanto futures products on MCS, we can give a variety of trading options true traders can enjoy and benefit from.”

Meanwhile, a bounty program and a trading competition with a prize pool of 10,000 KLAY are currently undergoing, and more events for SUNUSDT futures are expected in the near future.

For more info, 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 way possible by creating a reliable trading environment for traders which includes enterprise-level IT systems, multilingual online customer support, and a partnership with the industry-leading digital asset custodial company, ‘BitGo’.

MCS is constantly improving its trading platform for traders so that traders can dream of a better future. As the slogan #Be_a_Trader shows, MCS is focused on giving every trader in the platform the authentic ‘trading’ experience through various features and training materials.

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post MCS, First Exchange to list TRON’s SUN and Klaytn’s KLAY Futures Contracts appeared first on Bitcoin News.