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Catching the DeFi Wave with LINK
2020 has been a fantastic year for DueDEX, and zero-fee LINK/USDT trading only adds to the progress made this year for the exchange and traders alike. February 2020 saw the release of the DueDEX Risk Manager, which gives users a statistical edge over risk, allowing them to place orders, or make adjustments on the fly, by setting up the risk level, Stop Loss, Take Profit, the percentage of equity and risk-reward ratio with “one-click” trading execution.
30 Second Sign-up: https://www.duedex.com/register
He went on to say:
This news will come as a breath of fresh air in a market where fees on perpetual contracts sit well above 0.05%. Having the freedom to now make profit on break-even trades, and to generate that extra bit of profit when liquidating is fantastic news for traders. DueDEX now extends its reach into the market, having established itself as one of the most powerful algorithmic trading systems, which can be used by asset managers and everyday traders alike.
With so much happening this year on the DueDEX exchange and within the DeFi ecosystem, the question is obvious:
Contact Name: DueDEX Support
A Year of Progress
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When will you take advantage of zero fees for LINK/USDT contracts?
Contact Email: [email protected]
LINK/USDT joins the established and successful perpetual trading pairs BTC/USDT and ETH/USDT on the DueDEX exchange. With the community at the heart of the DueDEX mission, leverage will be set at a maximum of 50x to promote risk management and protect users from unexpected downturns. This is the first time DueDEX has offered unconditional, permanent zero fees.
What’s more, is that DueDEX is leading the field, boasting the lowest fee rate in the market for this contract. The announcement comes perfectly placed in the wave of DeFi interest – with Chainlink (LINK) being one of the most prolific DeFi projects to emerge this year, having changed the game by providing an oracle for real world data to enter the blockchain. The market has already cottoned on to its immense potential – and with prices up over 500% in a year, traders could very well be poised to make record-breaking returns when trading LINK/USDT on DueDEX.
DueDEX is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.
Bo Wang, CEO of DueDEX had the following to say about the release of zero-fee LINK/USDT trading:
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“There is little doubt this news will be welcomed by our traders, as it is a big step toward improving its trading profitability. For the same reason, we are eyeing the possibility of adding more zero-fees contracts in the near future.”
“We are branching out into new things all the time at DueDEX, but this is the first time we can offer unconditional, permanent zero fees. With DeFi surging, we have been looking for opportunities to further diversify our offer, with a special attention to algorithmic traders and asset managers, who will find the perfect product in our new contract.”
The post DueDEX is Paving the Way, Launching Fee-Free LINK/USDT Futures Trading appeared first on Bitcoin News.
That moment comes now, as DueDEX releases news of its zero-fee LINK/USDT perpetual swap trading. This means that no trading fee or monthly membership fee will be charged for either takers or makers, and it’s unconditional and permanent. Coupled with no KYC (Know Your Customer) and hassle-free access, DueDEX becomes the first crypto futures exchange to offer free trading experience.
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