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Coinstore has announced the launch of AMD/USDT futures trading, offering up to 50x leverage and allowing users to take long or short positions.
Coinstore has introduced AMD/USDT futures trading on its platform, allowing users to trade with up to 50x leverage. The futures product enables traders to take both long and short positions. The announcement also notes that using high leverage increases the potential for both profits and losses, and advises users to manage their positions accordingly. No additional details about trading terms or specific features were disclosed.
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Coinstore is a cryptocurrency trading platform that supports over 50 digital assets, including Bitcoin, Ethereum, and Litecoin. The platform offers both spot and futures trading, as well as staking and Initial Exchange Offering (IEO) participation, and is noted for its intuitive interface, competitive trading fees, and multi-layered security measures. More details can be found in the broker profile on Traders Union.
For context, our earlier news about Coinstore highlighted the broker's 100th Launchpad event, featuring the introduction of Zakat Coin (ZKTC), a Shariah-compliant utility token for the ZakPay ecosystem. You can read more details in the previous Coinstore update on Traders Union.