Monero Leveraged Futures Contracts in TUSD Stablecoin

[altstothemoon]

BBOD trading platform has recently launched perpetual futures contracts on Monero XMR vs TUSD with up to 25x leverage.

This allows, like any perpetual futures contract, to be traded Long or Short with leverage and no expiration date.

It can be a great tool for Monero XMR miners, who can use futures contracts to leverage their profits or protect their income in bear market periods.

According to the blog article, the platform is focusing its efforts to become a leader in offering altcoins futures contracts, promising to offer more than 100 contracts by the end of 2020.

The exchange currently offers Bitcoin, Ethereum, Ripple, Litecoin, EOS, Stellar, Cardano, Monero, IOTA, NEO, Binance and Digibyte perpetual futures.

More details can be found on BBOD's website.

What do you think about Monero XMR futures and other altcoins?