Dear 58COIN users,
The 150x leverage is scheduled to be launched next week in contract trading, and is only applicable to the bitcoin category within the four contract products, including the USDT contract, the standard contract, the mix contract, and the quarterly contract. This is the highest leverage since the launch of the contract, and it is also the highest leverage in top exchanges. Higher leverage will further increase the utilization rate of funds and amplify gains to a greater extent, while accompanied by increased risks. Therefore, users should be reminded that this leverage is suitable for aggressive investors and pay attention to risk control when using it.
By adhering to the operating principle of “Customer First, Safety, Strength and Trust”, 58COIN devotes to creating a safe, transparent and reliable digital asset service environment for traders.
April 9, 2020