Singapore, September 20, 2020 — For the primary time within the {industry}, MCS (MyCoinStory), a world cryptocurrency derivatives change introduced the itemizing of SUNUSDT futures contract on September 18, 2020. Only a day previous to this launch, KLAYUSDT futures contract was launched on September 17, 2020, which additionally was the primary futures contract itemizing within the {industry}.

The SUN token utilized in SUNUSDT futures is probably the most distinguished experimental DeFi (Decentralized Finance) mission token by the TRON Basis in nowadays. The information printed by TRON Basis claims that 6.7 billion TRON have been staked through the SUN’s Genesis Mining interval which is roughly $191 million. The KLAY token in KLAYUSDT futures is the native foreign money of the Klaytn blockchain developed by Floor X, a subsidiary of Kakao Company.

This sequence of futures contracts launch known as the “Colourful Quanto”, a sequence of quanto merchandise with ‘colourful’ traits and variations.

A quanto contract refers to a spinoff instrument that’s settled as one other asset as an alternative of both the bottom foreign money or the counter foreign money in a buying and selling pair. MCS’s first quanto product, KLAYUSDT futures, and the lately launched SUNUSDT are each settled in BTC with a BTC margin, not within the base foreign money USDT or the counter currencies KLAY and SUN, respectively. MCS is specializing in introducing extra distinctive quanto futures merchandise earlier than different exchanges do.

The consultant of MCS quoted that “there are a lot of cryptocurrencies merchants present nice pursuits, and sometimes these cryptos fluctuate quite a bit. By itemizing extra quanto futures merchandise on MCS, we may give a wide range of buying and selling choices true merchants can get pleasure from and profit from.”

In the meantime, a bounty program and a trading competition with a prize pool of 10,000 KLAY are at the moment present process, and extra occasions for SUNUSDT futures are anticipated within the close to future.

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* MCS (MyCoinStory)

MCS ( is the next-generation cryptocurrency perpetual contract buying and selling platform created by specialists from the monetary and blockchain industries.

Along with a crew of specialists, MCS is strolling aspect by aspect with merchants’ to entry monetary freedom in one of the best ways attainable by making a dependable buying and selling surroundings for merchants which incorporates enterprise-level IT programs, multilingual on-line buyer help, and a partnership with the industry-leading digital asset custodial firm, ‘BitGo’.

MCS is consistently enhancing its buying and selling platform for merchants in order that merchants can dream of a greater future. Because the slogan #Be_a_Trader reveals, MCS is targeted on giving each dealer within the platform the genuine ‘buying and selling’ expertise via varied options and coaching supplies.

It is a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or companies. isn’t accountable, instantly or not directly, for any harm or loss brought on or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or companies talked about within the press launch.

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