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Crypto-currency options product launched by MoonXBT

Warrant Options, the first crypto-currency options product launched on the platform is the least complicated and easiest to use

During a press conference held in the official Discord community, a global service-oriented crypto-currency light contract (LC, Light Contract) platform, MoonXBT has officially launched its new options product – Warrant Options.

Warrant Options, the first crypto-currency options product launched on the platform is the least complicated and easiest to use.

This marks the beginning of a new era as it is the beginning of MoonXBT’s launch of a series of options products.

MoonXBT’s COO George Lee during the press conference said, MoonXBT options have the lowest premium in history, half that of other exchanges.

This means at the same price to double the return, users can buy two options on MoonXBT.

Witnessing the expansion of NFTs, GameFi and the Metaverse, the year 2021 was significant for the crypto-currency industry. The trading volume of crypto-currency in 2021 rose by more than five times that of 2020, with crypto derivatives performing the best.

With positions climbing and rivalling major options products in traditional capital markets in Europe and the US, options are gaining momentum among the many crypto-traded derivatives. MoonXBT is launching a series of options products in response to the market demand. These products demonstrate the many advantages of options, including better risk management, higher profitability in a sideways market, etc.

MoonXBT also offers open lessons, information packs, detailed guides, etc., which can help users to get started quickly and easily and minimize the difficulties users encounter when trading options derivatives.

As the first crypto-currency social trading platform, MoonXBT encourages communication between traders, as they would share the advantages of options trading and foster a welcoming environment for both newcomers and experienced traders.

“What people will do on MoonXBT is more than just trading crypto. We want people to educate people”, said Lee.

Lee also led a hands-on session displaying how to go from account registration and authentication to setting up an option’s parameters during the press conference.

The platform, aside from BTC and ETH warrants, also offers DOGE warrant options, which can be found on very few platforms. For trading warrant options on MoonXBT, more tokens will be supported in the future. MoonXBT will launch three other options products in April, including European Spread Options, American Standalone Options, and Touch Options.

MoonXBT’s new options products offer low premiums, ease of operation and versatility to create a more professional and reasonable investment environment for traders. Through proper investment allocations, this can help crypto-currency traders mitigate risks and maximize returns.

Crypto-currency trading derivatives will also become more high-quality and mature in the face of the diversified needs of the market as the crypto-currency asset market matures and the market’s overall volatility tends to decline. As the influencers also agreed, the options product launched by MoonXBT has brought new life to the industry market and effectively solved several pain points of the industry products, which will effectively promote the upgrade of the industry and make the market pattern more diversified.

During the press conference, Lee also launched the “MoonXBT Options Promotion Ambassador Plan”, which will allow more users to know about MoonXBT and get a taste of the new options products. In this plan, influencers in the crypto-currency and the wider finance industry are invited to head first in trading the new product and further discussions and socialization are encouraged among the influencers and their followers.

“We want more people to get familiar with options, which can make more discussion of trading, and make active more social behaviour”, said Lee.

Through this plan, MoonXBT hopes to promote the popularization of options, create value for users and make the industry a positive progress. As Lee noted, users can “trade more, discuss more, and socialize more, or our DAO can’t be better”.

The press conference was attended by over 30 influencers in the field of crypto-currency options. The advantages of MoonXBT’s warrant options are echoed by these influencers. They expressed their prospect views about the new products and shared their views about the wider crypto-currency industry.

During the press conference, MoonXBT signed contracts with several influencers, and the contracts will become NFTs, which will be uploaded to Opensea. Each of these influencers will also have a unique NFT identity symbol that will last indefinitely, and they will witness the coming of the new option era together.

The options products launched by MoonXBT provide a new option for the crypto trading market, allowing more crypto traders to trade options products with the lowest cost and fewer difficulties. Looking forward, MoonXBT will launch more crypto-currency trading products with innovativity and aim at fostering a crypto-currency neighbourhood that encourages interaction, innovation and technology. MoonXBT, together with its series of options products and working with more crypto traders, could change the landscape of crypto trading derivatives, leading traders and the wider crypto-currency industry to a whole new era.

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khushbu
Khushbu Sonihttps://www.cionews.co.in
Chief Editor - CIO News | Founder & CEO - Mercadeo

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