USDT Perpetual Contract Officially Launches!

Dear 58COIN Users,

The USDT Perpetual Contract has been officially launched on the Web Client at 21:30 on Dec. 4 (GMT +8).

On the basis of retaining the advantages of Digital Perpetual Contract (Perpetual Contract), USDT Perpetual Contract develops the following six innovative designs:

1. USDT is used as the Underlying Asset, Quote, and Settlement Currency;
2. Support Long, Short, Two-Direction Positions;
3. Trade Varied Currency Contracts in USDT;
4. Discretionary Unrealized Profits;
5. One Risk Level Calculation for All Positions;
6. Linear Function Calculation forPNL.

We sincerely invite you to experience!

Reminder: 58COIN has promised to fully assume the insurance fund of USDT Perpetual Contract. Investors do not need to worry about the risk of ”being in debt” or auto-deleveraging. Besides, anti-liquidation mechanism and market price protection mechanism have also been activated. Please rest assured!

By adhering to the operating principle of “Customer First, Safety, Strength and Trust”, 58COIN platform devotes to creating a safe, transparent and reliable digital asset service environment for investors.  

58COIN Exchange

Dec. 4, 2018