BigoMex announced its listing of six new coins in its future contract trading section. The six crypto assets that will be available for trading include Dogecoin (DOGE), Polkadot (DOT), UniSwap (UNI), SushiSwap (SUSHI), ChainLink (LINK) and Aave (AAVE).
The decentralized finance (DeFi) sector has been gaining traction since the summer of last year. Projects that focus in this area are enjoying high percentage increases and even multiplying their valuations. Popular DeFi tokens such as AAVE, LINK, SUSHI and UNI are climbing up the charts and attracting much attention.
Dogecoin and Polkadot are two other crypto projects gaining recognition. DOGE has been talked about lately because it is often mentioned by the CEO of Tesla, Elon Musk, one of the wealthiest persons in the world. Meanwhile, Polkadot is building a vibrant ecosystem and is developing new and interesting products that aim to both complete and compete with Ethereum.
Considering the popularity of these coins, BigoMex has decided to offer its users contracts trading for these crypto assets. With contracts trading, users can get a profit when the price of these assets is going up by ordering long positions, or when they are going down by ordering short positions.
The coins in the new listing join 17 other crypto assets on BigoMex, including Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), EOS and other popular cryptocurrencies. The aim of the listing is to provide users the opportunity to profit on the price movement of coins that get high liquidity and volatility using the simple BigoMex interface.
This news follows BigoMex’s recent achievement of receiving a money service business (MSB) license from the Financial Crimes Enforcement Network (FinCEN) in the US. With the other license from the Accounting and Corporate Regulatory (ACRA) in Singapore, BigoMex is a serious trading platform that is rapidly expanding its operations in the Asia and America regions.
The BigoMex team consists of individuals who have extensive experience in the finance industry and internet industry, as well as some who were early investors of Bitcoin. The founders saw that crypto derivatives trading was often confusing for newcomers, and therefore they created a simple and easy platform.
BigoMex differentiates itself from other derivatives trading platforms by emphasizing the slogan, “Trade With Ease.” They eliminate complicated buttons to deliver a simple and easy-to-operate interface that minimizes confusion, especially for new crypto traders.
Not only is it easy BigoMex is also fast to use. A user can log in and place an order in less than a minute. This means that traders have a reliable platform to plan and execute trades in a market that often moves very fast. Early decisions can result in a good profit for traders.
BigoMex also offers a very friendly trading fee and low margin requirement. The fee is calculated based on the trading volume (margin multiplied by leverage). The minimum margin is only 2 USDT across all available trading pairs, and the leverage that can be used ranges from 10x to 100x.
The low margin means that new traders can use small positions as they revise and maximize their trading strategies, and experienced traders can trial the quick execution and high liquidity of the platform. Other than low trading requirements, BigoMex also offers fast withdrawals with low fees.
BigoMex has many attractive bonuses, both for new users and traders who frequently use the platform. New users can get a 5 USDT bonus for signing up, and a 20 USDT bonus for making a first-time deposit larger than 100 USDT. Experienced traders can get up to 268 USDT bonus based on their trading volume achievements.
With the addition of DOGE, DOT, UNI, SUSHI, LINK and AAVE, BigoMex responds to the needs of traders who want to trade high liquidity and volatile assets on an easy-to-use, fast and reliable trading platform that can help to maximize their profits both in a bull market and a bear market.
Register here to get a 5 USDT bonus and start trading.
This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.
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