In a significant move in July 2024, BTCC has introduced up to 50x leverage on over 300 USDT-margined trading pairs. This decision follows the successful implementation of 500x leverage on major trading pairs like BTC, ETH, XRP, SOL, and DOGE. The platform aims to enhance the futures trading experience by increasing leverage from 20x to 50x, setting a new standard in the crypto trading sector where most exchanges offer up to 20x leverage.

Since the launch, approximately 25% of orders have been executed with 50x leverage, indicating a high demand among traders. The selection of 300+ cryptocurrencies includes popular coins such as PEPE, SATS, WIF, SHIB, ZK, WLD, AVAX, and TON.

The head of Operations at BTCC, Alex, commented on this development, highlighting the positive response received after the introduction of 500x leverage on major pairs. Users expressed interest in higher leverage on alternative coins, particularly memecoins, leading to the decision to increase leverage to 50x on over 300 trading pairs.

The main benefit of higher leverage is the capacity to enter large market positions with a small capital outlay, enabling traders to significantly boost potential profits. This feature attracts seasoned traders who can anticipate market trends. However, traders must acknowledge the associated risks, emphasizing the importance of utilizing the stop-loss feature to effectively manage these risks.

About BTCC Exchange

BTCC, established in 2011, stands as one of the oldest and most respected cryptocurrency exchanges globally. Renowned for its stringent security protocols and user-friendly interface, BTCC provides diverse features like spot trading, futures trading, and copy trading, catering to traders of all skill levels.

Website: www.btcc.com