Cryptocurrency exchange Coinstore.com has announced the launch of its term credit feature, to allow users/investors to increase their cryptocurrency holdings without using their funds. Investors who prefer to buy and hold digital assets for an extended period of time can take advantage of future credit functionality to get more out of market movements.
According to Coinstore.com, its futures credit is a digital fund that lends rewards to its users to help understand the exchange’s perpetual futures trading so that eligible registered users can benefit from their participation. To provide registered users with more trading opportunities, the exchange claims to offer individual term credit for each USDT deposited. Users will be able to reap profits while taking advantage of Coinstore.com’s unique contract feature. Unlike spot trading where investors benefit when the price is up, futures and exchange features can give traders exposure to cryptocurrencies without the need to invest large amounts of assets under -lyings.
“We look forward to launching future credit functionality for our users across the world with the aim of providing liquidity to the cryptocurrency ecosystem in the form of a digital fund. Futures contracts were invented to reduce risk for producers, consumers and investors. However, it is advisable to trade or invest in products that you are familiar with and understand the risks associated with them,” said Jennifer Lu, co-founder of Coinstore.com.
Term credit provides users with profit opportunities regardless of the fluctuation in the price of the asset. The first appearance of index futures was made in India in 2000. Following this, single stock futures started a few years later. The higher a person’s trading volume, the greater their profit margin will be.
Going through the official website of Coinstore.com, it claims to have 180 employees globally who serve over 1.1 million registered users across 175 countries.
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