Tue, August 5

BTCC Expands Tokenized Futures with POPMART and USOIL Launch

BTCC Expands Tokenized Futures with POPMART and USOIL Launch Exchange News
  • TradingView’s technical analysis tools have been included into BTCC’s web platform, in addition to the creation of new tokenized futures markets.
  • BTCC traders now have access to more than 370 futures contracts as a result of the establishment of markets for POPMART and USOIL.

Along with the roll-out of markets for Pop Mart International Group Ltd. (POPMART) and WTI Crude Oil (USOIL), BTCC, the cryptocurrency exchange that has been in operation for the longest period of time in the world, has extended its tokenized futures products. As a result of their debut, the variety of real-world assets that may now be traded on BTCC significantly grows.

BTCC traders now have access to more than 370 futures contracts as a result of the establishment of markets for POPMART and USOIL. Ever since they went online in June, the most recent futures products offered by BTCC have already topped one million dollars in trading volume, which is evidence of the robust demand for the various assets.

TradingView’s technical analysis tools have been included into BTCC’s web platform, in addition to the creation of new tokenized futures markets. As a consequence of this, traders have access to the most advanced tools available, which provides support for a wide variety of technical indicators. Support for setting Take Profit and Stop Loss levels directly on charts, flexibility for splitting the screen, and the option to combine Bollinger Bands and Fibonacci retracement levels are all included in the integration.

The tokenized futures offered by BTCC presently include a total of 49 conventional market assets, which are divided into four primary categories. The trading currency for these futures is USDT. A maximum leverage of 50x may be used to trade stocks like Tesla, Apple, and Microsoft, while a maximum leverage of 150x can be used to trade commodities like gold and silver. Forex, which includes currencies such as EUR and GBP with leverage of up to 200x, and indices such as the S&P 500 and Dow Jones are two other key market categories that can be found on BTCC.

Alex Hung, Head of Operations at BTCC, said:

“As one of the first crypto platforms to offer tokenized futures, we were quick to identify the potential for blockchain technology to transform access to traditional markets. The expansion of tokenized assets BTCC now supports gives crypto natives access to diverse markets through a single platform.”

More and more traders are looking for conventional asset exposure via cryptocurrency platforms, which has led to an increase in interest in the tokenized futures market. The strategy used by BTCC offers clients the opportunity to engage in leveraged trading while also providing the ease of trading conventional assets using crypto.

In order to satisfy the ever-increasing demand from traders, the exchange intends to continue extending its tokenized products for the whole of the year 2025. Each day, new assets will be introduced.

Established in 2011, BTCC is one of the cryptocurrency exchanges that has been in operation for the longest period of time. It provides trading services that are both safe and easy to use to millions of consumers all over the globe. As the landscape of cryptocurrencies continues to evolve, BTCC remains a trusted platform because of its dedication to security, innovation, and the development of communities.

A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.

Little Pepe