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Websea reported that its SPCX Futures product reached a 24-hour trading volume of over $480 million, reflecting heightened trading activity on the platform.
Websea announced that its SPCX Futures product surpassed $480 million in trading volume over a 24-hour period, indicating increased activity from market participants. According to the broker, features available to traders include the ability to open long or short positions with a minimum trade size of 1 USDT, 24/7 trading access, and deep market liquidity.
No additional details about the event or specific context were provided in the announcement.
Websea is a cryptocurrency exchange launched in August 2023, designed to serve a global audience ranging from young investors to experienced traders. The platform offers a variety of features including spot trading, futures trading with up to 100x leverage, Launchpool, Launchpad, copy trading, cryptocurrency buying and selling, P2P trading, and staking for passive income. For more information on its instruments and services, see the broker profile on Traders Union.
For more background on Websea, you can read the previous Websea update on Traders Union, which covered the launch of $NOK trading and detailed the broker's recent feature additions and competitions.