Ouyi Launching New BLUR/USDT Leveraged Transaction, Yuyuebao and BLURUSDT Perpetual Contract

02/14/2023 12:32 • Metaverse & Beyond • 103 views

According to the official announcement, Ouyi will officially launch the BLUR/USDT leveraged transaction, Yuyuebao and BLURUSDT perpetual contract on the web, APP and API at 11:00 (HKT) on February 15, 2023.

Ouyi will officially launch BLUR Leveraged Transaction, Yuyuebao and Perpetual Contract at 11:00 (HKT) on February 15

Interpretation of the news:

Ouyi, the well-known trading platform, has recently announced its upcoming launch of the BLUR/USDT leveraged transaction, Yuyuebao and BLURUSDT perpetual contract on the web, app, and API platforms on February 15, 2023, at 11:00 HKT. In a move to offer its clients new and exciting trading options, the company is introducing these three products that come with their own unique advantages.

The BLUR/USDT leveraged transaction is a new form of derivative trading that allows traders to magnify their returns by borrowing funds from the exchange to open larger positions in the BLUR/USDT market. This creates a higher risk/reward scenario, with the possibility of a much larger profit for investors who select the right position in the market.

Yuyuebao is a decentralized exchange (DEX) that operates as a fund for traders on the Ouyi platform. The product offers a range of diversified portfolios and strategies that traders can follow to invest in the cryptocurrency markets. This feature is particularly important for beginners who may not have the time or knowledge to actively manage their trading accounts.

The BLURUSDT perpetual contract is another exciting product offered by Ouyi. This contract permits traders to speculate on the future movements of the BLUR cryptocurrency against the stablecoin USDT. Perpetual contracts do not have an expiry date, and their trading value is based on the difference between the futures price and the spot price of the asset, making it an attractive trading product for both short-term and long-term traders.

In conclusion, Ouyi’s release of the BLUR/USDT leveraged transaction, Yuyuebao and BLURUSDT perpetual contract on the web, app, and API platforms is a manifestation of the company’s determination to provide innovative trading opportunities and extend its service offering. Clients can look forward to new trading possibilities that transcend the conventional norms of cryptocurrency trading.

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