Qian An Announces Launch of TRU Standard Perpetual Contract

03/06/2023 03:30 • Tech Ticker • 122 views

According to the official announcement, Qian An announced that it would launch the TRU 1-20 times U-standard perpetual contract at 20:00 on March 7, 2023.

YUAN will launch TRU 1-20 times U standard perpetual contract

Interpret the above information:

Qian An, a cryptocurrency derivatives trading platform, has recently made an official announcement stating the launch of the TRU 1-20 times U-standard perpetual contract. The contract will be available for trading on the platform starting 20:00 on March 7, 2023.

Perpetual contracts are derivatives that allow traders to take leveraged positions on the price of an underlying asset without an expiry date, unlike traditional futures contracts. The TRU contract offered by Qian An will allow traders to take long or short positions in the cryptocurrency market with adjustable leverage of 1-20 times U, making it a highly volatile but potentially lucrative instrument.

The launch of the TRU contract by Qian An is significant as it reflects the growing demand for cryptocurrency derivatives trading in the market. There has been a surge in interest in cryptocurrency derivatives trading due to the high volatility and potential returns that the market offers. The move by Qian An to launch the TRU contract will provide traders with an additional trading instrument, thereby expanding their choices and opportunities to profit from the market.

Furthermore, it is essential to note that the TRU contract will be standardized, following a U-standard, which implies that the contract’s specifications will be consistent and regulated. This will provide traders with a greater sense of security and transparency when trading the contract, reducing the potential for market manipulation or fraudulent activities.

It is crucial to acknowledge that the launch of a new trading instrument always involves risks and uncertainties, and traders should be cautious when trading. It is recommended that traders thoroughly understand the specifications of the TRU contract and the associated risks, such as leverage and massive fluctuations in the cryptocurrency market.

Overall, the launch of the TRU 1-20 times U-standard perpetual contract by Qian An reflects the ongoing growth and diversification of the cryptocurrency derivatives market, providing traders with more opportunities to profit from the market’s high volatility.

In summary, Qian An announcement of launching TRU 1-20 times U-standard perpetual contract is a significant move in the cryptocurrency derivatives trading market. The standardized contract will offer transparency, and the adjustable leverage will provide traders with an opportunity to make potentially high returns. However, we must not overlook the inherent risks and uncertainties associated with derivatives trading, and traders must exercise caution when trading.

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Qian An Announces Launch of TRU Standard Perpetual Contract

YUAN will launch TRU 1-20 times U standard perpetual contract

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