Global blockchain supervision and query platform

English
Download

Meet TON-Margined Trading at Storm Trade

Meet TON-Margined Trading at Storm Trade WikiBit 2024-05-15 03:26

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not

Meet TON-Margined Trading at Storm Trade

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

Storm Trade is the first decentralised derivatives trading platform on Telegram, built on the TON blockchain and allowing trading with leverage up to x50.

Keeping up with the times and providing all the best technologies to its users, Storm is releasing a major update – TON-Margin, which will change the way you trade!

What is TON-Margin?

Many perpetual platforms, including Storm Trade, typically trade in stablecoins. However, TON-Margin opens the door to trading using TON as collateral. This gives traders more flexibility, variety and the ability to profit from even small price changes. And of course it brings the TON blockchain closer to true mass-adoption.

Since January 2024, 2 trading pairs to TON have been available on Storm Trade: TON/USD-CM and 1mNOT-F/TON, which showed great popularity among the exchanges traders. Today, 10 trading pairs to TON are available on Storm Trade, and TON/USD-CM remains the most popular of them.

TON-M provides new opportunities, combining both risks and benefits. The main advantages of futures with TON to provide are:

  • Choice of asset to trade and expanded trading opportunities,

  • The ability to trade without selling TON for stablecoins,

  • Non-linear payout structure and increased profits even on small price movements,

  • Hedging of risk even in a falling market.

The main disadvantage of futures with TON in collateral is the rapid reduction of collateral when volatility is high.

The emergence of TON as collateral and the opening of new trading pairs is a great event for the entire TON ecosystem because it opens up almost limitless earning opportunities for holders, stakers and TON traders.

TON-Margined futures are an excellent tool for increasing trading income, protecting against losses in a falling market and diversifying your trading strategies. Trading only TON, on the TON blockchain, and using TON as a commission payment, on par with listing Notcoin on major exchanges, makes TON fully ready for the wave of new users that should inevitably happen in the near future.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

  • Token conversion
  • Exchange rate conversion
  • Calculation for foreign exchange purchasing
/
PC(S)
Current Rate
Available

0.00