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Storm Commerce, the main derivatives buying and selling platform on the TON community, broadcasts the launch of Pre-launch futures buying and selling on Notcoin, a preferred gaming cryptocurrency that guarantees to revolutionize the sphere of decentralized finance.
Pre-launch futures buying and selling on Notcoin is a novel alternative for merchants who need to acquire entry to buying and selling a promising cryptocurrency earlier than its official launch and itemizing on exchanges. Storm Commerce affords its customers to commerce Notcoin futures utilizing the TON token as collateral. Buying and selling might be carried out in a lot of 1 million Notcoin Futures (1mNOT-F) paired with TON. The beginning futures value for a million Notcoin might be 0.5 TON.
Buying and selling will open on February 15 at 14:00 Moscow time or 11 pm UTC. Merchants will be capable of open each lengthy and brief positions utilizing completely different order varieties: Market, Restrict and Cease. For opening and shutting positions within the 1mNOT-F/TON pair, a fee of 1% of buying and selling quantity might be charged. Half of all commissions collected will go into an insurance coverage fund, which might be used to cowl losses within the occasion that particular person bidders’ losses exceed their margin obligations.
Merchants’ revenue and loss (P&L) calculation might be made on the settlement value after the shut of buying and selling, which may happen in considered one of two situations:
– If the Notcoin challenge token is added to identify exchanges inside three months after the beginning of buying and selling, then the time limit of buying and selling would be the date of itemizing of Notcoin on the spot alternate. The estimated value of the asset might be decided by the typical value of the token for the primary week after itemizing on any of the exchanges. These whose positions are closest to the settlement value of the asset will obtain the vast majority of the share of the shaped pool.
– If the Notcoin challenge token shouldn’t be added to identify exchanges inside three months after the beginning of buying and selling, or it turns into recognized that the token issuance has been cancelled, then buying and selling will shut after 3 months, and the settlement value of the asset might be thought-about the present value shaped on the Pre-Launch pair, and merchants’ P&L might be calculated based mostly on it.
Storm Commerce invitations all merchants to participate in Pre-launch futures buying and selling on Notcoin and acquire entry to futures buying and selling on probably the most anticipated cryptocurrencies of 2024. To be able to begin buying and selling, you might want to register on the Storm Commerce platform, prime up your steadiness with TON tokens and choose the 1mNOT-F/TON pair. You’ll find extra detailed details about Pre-launch buying and selling on our web site and on our social networks.
Contact particular person: t.me/gruesomebotx
Web site: https://storm.tg
Neighborhood: t.me/storm_trade_fam
Disclaimer: The knowledge supplied on this press launch shouldn’t be a solicitation for funding, neither is it supposed as funding recommendation, monetary recommendation, or buying and selling recommendation. It’s strongly really useful you follow due diligence, together with session with knowledgeable monetary advisor, earlier than investing in or buying and selling cryptocurrency and securities.
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