Greetings from MCS, the derivatives trading platform where traders ALWAYS come first.
We are thrilled to announce our first quanto product, 🔸KLAY of Klaytn🔸, which will be launched on our trading platform very soon! 🎉
🔥 What are Klaytn?
Klaytn is a public blockchain platform developed by Ground X, a subsidiary of Kakao Corporation. Klaytn provides an easy and user-friendly environment for development in order to verify the value and usefulness of blockchain technology by providing blockchain services for mass adoption. The native currency of the Klaytn blockchain is KLAY.
🔥 What is the KLAY Quanto Contract?
A quanto contract refers to a derivative instrument that is settled as another asset instead of either the base currency or the counter currency in the trading pair. MCS's first quanto product, KLAYUSDT Futures, is settled in BTC with a BTC margin, not its base currency USDT or its counter currency KLAY.
We will make an official announcement on the launching schedule and details of the KLAY Quanto product via the official MCS channels.
KLAY Quanto is just a beginning. Starting with this KLAY Quanto product, MCS will continue to launch various and promising altcoin futures quanto products.
🏆 Let The World Know That MCS Colorful Quanto Is Here!
Participate the Colorful Quanto Bounty Event here: https://bit.ly/31IA0Ad
Traders ALWAYS come first on MCS.
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