Will be developing a exchange that will offer GRIN and BTC perpetual futures at 100x for GRIN and 250x for BTC. Any developers are welcome to join the project!
I might be really unpopular in this, but I don’t like leverage exchanges, at all. In summary they often do two things. They lurk inexperienced people by addressing their greed in an environment they know little to nothing about. This often results in them getting totally rekt / leaving the crypto space. The other thing is that it is a hotbed for scams (f.i. bitmex) that manipulate the market and wicks those poor souls out that were either over leveraged or panicked in the process. All resulting in making the crypto space unattractive for new people. So, say no to leverage trading
Personally I am also not a fan of features, bit still this is part of a healthy ecosystem. So it is Great there will be Grin features for those who want it.
100× is not healty , is casino
100x is not enough. I would also recommend offering 250x GRIN
I would guess that 100x on a crypto means that a butterfly flapping its wings can bankrupt you.
I don’t see a reason to use x100. What’s wrong with x1000 ?
Thanks for feedback! In need of developers also, anyone available?
Minimum should be 200x for Grin/USD pair.