Dear Users,
Due to popular demand. BingX Spot will add 1 trading pair on 2024-05-31, 08:00:00 (UTC+0).
• Asset: KTC
• KTC Deposit Time: 2024-05-30, 03:00:00 (UTC+0)
• KTC Withdrawal Time: 2024-06-01, 08:00:00 (UTC+0)
What is KTX Finance (KTC) Coin?
KTX.Finance (KTC) is a revolutionary Decentralized Finance (DeFi) platform launched in 2023, aiming to create a capital-efficient decentralized spot and perpetual exchange accessible to everyone on the Binance Chain (BNB Chain). The platform offers leverage trading capabilities, a feature typically reserved for experienced users on centralized exchanges, allowing users to amplify their potential returns and risks by using borrowed funds. KTX.Finance prioritizes accessibility through a single multi-asset pool, eliminating the complexity of managing multiple liquidity pools. The platform recognizes the importance of liquidity providers (LPs) who contribute their crypto holdings to facilitate smooth trading for others. LPs earn a portion of the trading fees generated on the platform, incentivizing them to contribute and maintain a healthy ecosystem.
KTX.Finance's ambitions extend beyond establishing itself as the foremost derivatives exchange on the Binance Chain. The team plans to collaborate with existing DeFi protocols, fostering a comprehensive ecosystem of DeFi products. They aim to enhance the user experience by incorporating advanced order types and other integrations, potentially including social trading features.
KTX.Finance's choice of the Binance Chain as its launchpad is strategic, as it aligns with their vision of delivering a seamless user experience. They plan to implement cross-chain compatibility in the near future, catering to a wider range of traders and expanding their reach within the DeFi space.
Investment Risk Warning:
Cryptocurrencies are highly volatile and subject to various risks, including market, project, technical and compliance-related uncertainties. Therefore, you may experience potential investment losses due to high volatility and various risks associated. Exercise caution, stay informed on the potential risks and invest prudently.
Note:
1. Please make sure that the selected chain or network on BingX is consistent with the platform you're performing the withdrawal or deposit to avoid unnecessary losses.
2. The platform will automatically adjust the relevant parameter limits for spot trading based on market liquidity. If you have any questions, please contact our 24/7 online support.
3. The listing time specified in the announcement is for reference only. We will open the trading service once the deposit requirement for the above asset is met. The actual opening time shall prevail.
BingX Operation Team
2024-05-30
BingX Official Channels
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
BingX attaches great importance to compliance and strictly abides by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.
