Storm Trade Begins Pre-Launch Futures Trading on Notcoin
Storm Trade, the leading derivatives trading platform on the TON Network, announced the launch of pre-launch futures trading on Notcoin, the popular gaming cryptocurrency poised to revolutionize decentralized finance.
Futures Trading Pre-launch on Notcoin is a unique opportunity for traders who want access to trading promising cryptocurrencies before they are officially launched and listed on exchanges. Storm Trade offers users the opportunity to trade Notcoin futures using TON tokens as collateral. Trading will be conducted on 1 million Notcoin futures (1mNOT-F) lots paired with TON. The futures starting price of 1 million Notcoins is 0.5TON.
Trading will begin on February 15 at 14:00 Moscow time or 11:00 PM UTC. Traders can open both long and short positions using a variety of order types, including Market, Limit, and Stop. Opening and liquidating positions in the 1mNOT-F/TON pair will incur a fee of 1% of the traded volume. Half of all commissions collected go into an insurance fund, which is used to cover losses if an individual bidder’s losses exceed the margin obligation.
Trader Profit and Loss (P&L) The calculation is made at the settlement price after the transaction closes, which can occur in one of two scenarios:
– If the Notcoin project token is added to the spot exchange within 3 months from the start of trading, the transaction end date will be the Notcoin spot exchange listing date. The expected price of the asset is determined by the average price of the token during the first week after listing on the exchange. Those holding positions closest to the settlement price of the asset will receive the majority of the pool formed.
– If the Notcoin project token is not added to the spot exchange within 3 months after the start of trading, or the token issuance is known to be cancelled, the transaction will be terminated after 3 months, and the settlement price of the asset will take into account the current price formed in the pair before launch. Based on this, the trader’s profit or loss is calculated.
Storm Trade invites all interested traders to participate in pre-launch futures trading on Notcoin and gain access to futures trading for one of the most anticipated cryptocurrencies for 2024. To start trading, you need to register on the Storm Trade platform. Increase your balance with TON tokens and select the 1mNOT-F/TON pair. You can find detailed information about pre-launch deals on our website and social networks.
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disclaimer: The information provided in this press release is not an investment recommendation and is not intended as investment advice, financial advice or trading advice. We strongly recommend that you practice due diligence, including consulting with a professional financial advisor, before investing or trading. cryptocurrency and stock.
