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Topic: [ANN] ⭐MCS - The Trader-Centric Derivatives Exchange⭐($10 Welcome Bonus) - page 2. (Read 765 times)

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MCS | Now Supporting 150x Leverage for BTC/USDT Perpetual Contract

Maximum leverage applicable for MCS BTC/USDT perpetual contracts has been adjusted to 150X.




MCS BTC/USDT Perpetual Contracts' Leverage Now Supports 150X

Before adjustment
Applicable leverage 100X max

After adjustment (available from October 8th, 2020 at 8AM (UTC))
Applicable leverage 150X max


Adjusting the leverage will also make changes to the liquidation price. Please keep this in mind when trading.




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MCS | Ethereum Perpetual Contract Release

Ethereum Perpetual Contract is NOW LIVE on MCS.




WHAT IS ETHEREUM?

Ethereum, with a market capitalization of $400 billion as of October 5, 2020, ranks second after Bitcoin. Ethereum was designed by a Russian Canadian developer Vitalik Buterin in 2013, and is a blockchain platform that has implemented smart contracts on blockchain. Currently, Ethereum is being mined using the Proof of Work (PoW) method, but it will be changed to Proof of Stake (PoS) through the Ethereum 2.0 update later this year.

Ethereum Website : https://ethereum.org/en/
Ethereum Twitter : https://twitter.com/ethereum
Ethereum Whitepaper : https://github.com/ethereum/wiki/wiki/White-Paper
MCS | Ethereum Report : https://drive.google.com/file/d/1ROOSuKKc_rywDBpY_qFfEXulawGQvyXp/view?usp=sharing



ETHEREUM PERPETUAL CONTRACT DETAILS

Trade Open : 8th of October 2020 8AM (UTC)
Ethereum Contract Specifications : https://mycoinstory.com/contract/perpetual/ETHUSDT
Ethereum Contract Calculation Formula : https://help.mycoinstory.com/hc/en-us/articles/900002192163-Quanto-Futures-Contract-Formulas

For inquiries related to SUN futures contracts, please contact us through Live Chat or Telegram.





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MCS | INTRODUCING SUN MONTHLY FUTURES CONTRACTS

Tron's DeFi project SUN's Quanto Futures Contract is NOW LIVE on MCS.




WHAT IS SUN?

The SUN token is an experimental DeFi project initiated by the Tron Foundation. The characteristic of the SUN token is that it is operated 100% by the SUN community without any venture capitals (VCs), private equity investments, and team distribution. For more information on SUN, please check the links below.

SUN Website: https://sun.io/[/url]
SUN Twitter : https://twitter.com/defi_sunio
SUN Whitepaper: https://sun.io/docs/sun_whitepaper_en.pdf
MCS | SUN Report: https://drive.google.com/file/d/1tI9GZifjRV6PJnUT9MMcdvVOhE7XR6f9/view?usp=sharing



SUN QUANTO FUTURES CONTRACT DETAILS

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, KLAY/USDT Futures, is settled in BTC with a BTC margin, not in its base currency USDT or its counter currency KLAY.


KLAY QUANTO FUTURES

🔹 Dates : 18th of September 2020 6AM ~ 16th of October 2020 6AM (UTC)
- SUN Contract Specifications : https://mycoinstory.com/contract/feature/SUNUSDT
- SUN Contract Calculation Formula : https://help.mycoinstory.com/hc/en-us/sections/900000392263-Futures-Contract

For inquiries related to SUN futures contracts, please contact us through Live Chat or Telegram.





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MCS | THE TOP TRADING EVENT FOR QUANTO “KLAY” FUTURES CONTRACT




The (KLAY) Futures Contract will be released on the 17th of September 2020!⭐️  To celebrate the release of the (KLAY) Futures Contract, we will be holding a ⭐️(KLAY) Futures Contract TOP Trading Event!⭐️

With a total 10,000 KLAY up for grabs,💸  we hope many MCS traders participate in the TOP Trading Event. The details are as follows.





KLAY FUTURES CONTRACT TOP TRADING EVENT    


Traders who trade KLAY Futures Contracts during the TOP Trading Event period will automatically join the event. The Top 5 traders with the highest trading volume on the KLAY Futures Contract (Sum Taker, Maker, and Hidden Orders) will share a total pool of 10,000 KLAY.

(Please refer below for the prize pool distribution.)



EVENT DETAILS    


1) Ranking Criteria

- Event Period: September 17, 2020 @ 7:00 AM ~ October 16, 2020 @ 6:00 AM UTC

- Contract: KLAY Futures Contract

- Trading Volume: Top 5 Traders who have deposited 0.01 BTC with highest trading volume (Sum Taker, Maker, Hidden Orders) during the event period

2) Prize Pool Distribution

1st : 4,500 KLAY
2nd : 2,500 KLAY
3rd : 1,500 KLAY
4th : 1,000 KLAY
5th : 500 KLAY

3) KLAY Futures Contract Trading Volume Ranking

The daily rankings will be announced through telegram (https://t.me/mycoinstory_en) at 6am UTC each day until the event ends.

4) Winner Announcement and KLAY Distribution

Winner Announcement: October 16, 2020 @ 8:00 AM
Distribution: A google form will be sent to the winners and the prize KLAY will be sent within 3 business days upon submission.



RULES

1️⃣ If the trading volume is tied, the trader registered earlier on MCS will be prioritized.
2️⃣ Traders who use unfair methods or engage in behaviors that interfere with the smooth operation of the event are not eligible for the prize.
3️⃣ Only traders who have deposited 0.01 BTC will be eligible to participate in this event
4️⃣ This competition is organized and run by MCS, and the final interpretation of the event is on the MCS. Some conditions can possibly be changed and canceled depending on the circumstances.





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MCS | THE FIRST OF MCS COLORFUL QUANTO "KLAY" IS HERE!


 The first of MCS Colorful Quanto, KLAY of Klaytn, was launched on the MCS cryptocurrency derivatives trading platform yesterday!⭐️




WHAT ARE KLAYTN AND KLAY

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.

Klaytn Official Website: https://www.klaytn.com/
Klaytn Twitter: https://twitter.com/klaytn_official
Klaytn Position Paper: https://www.klaytn.com/Klaytn_PositionPaper_V2.1.0.pdf
Klaytn Token Economy & Governance Paper Paper: https://www.klaytn.com/Klaytn_Token_Economics_and_Governance_Paper_V1.01.pdf
MCS | Klaytn Report: https://drive.google.com/file/d/1DHddf7QA4jfkTFAXoF5QbNaZF0nb_68l/view?usp=sharing



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, KLAY/USDT Futures, is settled in BTC with a BTC margin, not in its base currency USDT or its counter currency KLAY.


KLAY QUANTO FUTURES

Contract Dates: September 17, 2020 @7:00 AM ~ October 16, 2020 @6:00 AM UTC
KLAY Quanto Futures Contract Details: https://help.mycoinstory.com/hc/en-us/sections/900000392263-Futures-Contract

For inquiries about KLAY Quanto product, please contact us via the MCS Live Chat or the official MCS Telegram.





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Traders ALWAYS come first on #MCS ‼️

🎯 Best benefit of Maker/Taker fees in industry
🎯 24/7 multi-language live chat support
🎯 Withdrawal on-demand

The best trading environment in industry,
Experience it here and now👇
http://mycoinstory.com

https://i.imgur.com/vBYD4XO.png
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June Monthly Recap





Dear Valued MyCoinStory Traders,

June was a very big month for MyCoinStory as we first stepped foot into the industry with the official launch.


ABSTRACT

1️⃣Official Launch on 15th of June
2️⃣ Over 3000 Registrations, 30m USDT Volume!
3️⃣ Leverage scaled to 50x
4️⃣ Maker and Taker Fee Event (Live Now!)
5️⃣ Satisfactory 24/7 Customer Support
6️⃣ MyCoinStory in the Community

After a successful testnet launch and mock trading competition, a triumphant production launch was made thanks to all the feedback and support given by our valuable traders. The MyCoinStory team is a trader-centric and growth-oriented, always looking for ways to make our traders' experiences better.


⭐️ OVER 3000 REGISTRATIONS, 30M USDT VOLUME!    





With much support from pre-production and early-bird registration, we are proud to announce that over 3000 Traders registered on MyCoinStory. We would like to thank each and every trader who have joined and showed your love and support to our exchange. Thanks to all our traders, we were able to achieve a biweekly trading volume of 30 million USDT!



⭐️ LEVERAGE SCALED TO 50X    





The maximum leverage on MyCoinStory has boosted from 20x to 50x on BTC/USDT Perpetual Contracts as of 29th of June! Traders can now trade with higher leverage, however, all traders should keep in mind that trading with higher leverage exposes you to greater risk and therefore have to manage risk with extended care. Leverage up to 100x will be available in the near future.



⭐️ MAKER AND TAKER FEE EVENT (6.29 ~ 7.13)    





A Maker and Taker Fee Event is live now where TOP 3 traders on Maker and TOP 3 traders Taker with highest volume will receive a whopping -0.035% Maker and 0.045% Taker fees for a lifetime! On top of that, the 6 traders will be receiving a BTC bonus with a prize pool of 0.12 BTC! You can find more info here. During the event period, we have enchanted the maker fees so that ⭐️ALL our traders can receive -0.035% maker rebates for the 2 weeks!⭐️



⭐️ SATISFACTORY 24/7 LIVE SUPPORT    

The MyCoinStory Support Team have achieved a 98% satisfactory level to the traders who have reached out to us via live support. MyCoinStory has been serving our traders with 24/7 customer support in English, Korean and Chinese. Additional languages will be covered in the future! Let us know what language we should cover next through our live chat!



⭐️ MYCOINSTORY IN THE COMMUNITY    

Crunchbase

Cryptoslate

Crypto Browser

Fandom

Cryptowisser




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140% on Maker Rebates for 2 WEEKS!




MCS is holding a ⭐️ 140% Upgrade in Maker Rebate Event⭐️ in celebrating the official launch!


To return our gratitude for traders that have shown consistent support and interest from MCS TestNet to the present state, we will be holding a 140% Upgrade in MCS Maker Rebate Event.






MCS LAUNCH CELEBRATION : MCS MAKER REBATE UPGRADE EVENT    

1. MAKER REBATE UPGRADE BY 140%

During the event, maker rebate for BTC/USDT perpetual contracts will upgrade from -0.025% to -0.035%, a ⭐️140% increase⭐️.

    

What is a maker order?

It is a bid order placed by a trader at a certain price that doesn't get matched immediately.

    

Ex) When a BTC/USDT perpetual contract is placed at 10,000USDT, the condition below satisfies a maker order.

      

When a short position at 10,000.5USDT doesn't get matched straight away and the remaining volume for 10,000.5USDT gets accumulated in the orderbook.
When a long position at 9999.5USDT doesn't get matched straight away and the remaining volume for 9999.5USDT gets accumulated in the orderbook.
    

*A maker order is a bid price that gets listed on the orderbook including examples described above.





Event Details    


⭐️ Event Period : June 29, 2020 at 3:00AM (UTC) ~ July 13, 2020 at 3:00AM (UTC)

⭐️ Product Subjected to Trading Fee Upgrade : BTC/USDT perpetual contracts



IMPORTANT NOTE


1️⃣Traders using MCS on June 29, 2020 are required to refresh the page after 3AM (UTC)  in order for the maker rebate modification to come to effect.

2️⃣Maker rebate can be checked on the available account once the maker order settles.

3️⃣MCS holds the right to interpret the event to its entirety, wherein changes and cancellations may occur.






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Lifetime Trading Fee Discounts!




MCS is holding a ⭐️ MCS Trading Fee Upgrade Event ⭐️ in celebrating the official launch!


The MCS Trading Fee Upgrade Event will be focused on maker and taker volume, a once in a blue moon opportunity for competition winners, offering the ultimate trading fee rate applied for a 👉 lifetime👈 !






Event Details    


🔸 Event Period : June 29, 2020 at 3:00AM (UTC) ~ July 13, 2020 at 3:00AM (UTC)

🔸 Product Subjected to Trading Fee Upgrade : MCS BTC/USDT perpetual contracts



🔥 MAKER VOLUME    

Contestants with the top 3 cumulative maker volume during the event will earn access to a shocking lifetime's worth of maker fee rebate deal outlined below.


BENEFITS FOR TOP 3 CONTESTANTS WITH THE HIGHEST MAKER VOLUME



🥇 1st Place: Maker fee -0.035% for a lifetime + 0.03BTC bonus

🥈 2nd Place: Maker fee -0.03% for a lifetime + 0.02BTC bonus

🥉 3rd Place: Maker fee -0.0275% for a lifetime + 0.01BTC bonus



MAKER VOLUME RANKING METHOD


After aggregating all the maker orders settled during the event, the top 3 traders with the highest number of cumulative contract settlements towards the end point will be placed on the finalists' list.
    

💡 What is a maker order?

👉 It is a bid order placed by a trader at a certain price that doesn't get matched immediately.

    

Ex) When a BTC/USDT perpetual contract is placed at 10,000USDT, the condition below satisfies a maker order.

      

When a short position at 10,000.5USDT doesn't get matched straight away and the remaining volume for 10,000.5USDT gets accumulated in the orderbook.
When a long position at 9999.5USDT doesn't get matched straight away and the remaining volume for 9999.5USDT gets accumulated in the orderbook.
    

*A maker order is a bid price that gets listed on the orderbook including examples described above.






🔥 TAKER VOLUME    

Contestants with the top 3 cumulative taker volume during the event will earn access to a shocking lifetime's worth of taker fee rebate outlined below.


BENEFITS FOR TOP 3 CONTESTANTS WITH THE HIGHEST TAKER VOLUME



🥇 1st Place: Taker fee 0.045% for a lifetime + 0.03BTC bonus

🥈 2nd Place: Taker fee 0.045% for a lifetime + 0.02BTC bonus

🥉 3rd Place: Taker fee 0.045% for a lifetime + 0.01BTC bonus



TAKER VOLUME RANKING METHOD


After aggregating all the maker orders settled during the event, the top 3 traders with the highest number of cumulative contract settlements towards the end point will be placed on the finalists' list.
    

💡 What is a taker order?


👉 It is a bid order placed by a trader at a certain price that gets matched immediately.




IMPORTANT NOTE


1️⃣ Anyone can participate in the competition without signing up.

2️⃣ When the cumulative maker volume is the same amongst traders, the trader with more taker volume will be considered at a higher priority.

3️⃣ When the cumulative taker volume is the same amongst traders, the trader with more maker volume will be considered at a higher priority.

4️⃣ Contestant winners' taker fee benefit and maker rebate benefit is only applicable for BTC/USDT perpetual contracts.

5️⃣  Contestants that were previously chosen as MCS's honorary testers in receiving 0.045% taker fee benefit will only be receiving the bonus when winning the competition.

6️⃣  MCS will announce real-time ranking on MCS Telegram Account every day at 3AM (UTC).

7️⃣ Recipient announcement is to be made on July 14, 2020, the same day in which both the benefit and the bonus will be distributed.

8️⃣ The bonus rewarded can be used as a form of a margin and will also be used firsthand for trading fees and expense loss.

9️⃣ The profit made from the margin can be withdrawn. However, once the profit is withdrawn from the account, the entire given bonus will be dropped.

🔟 MCS holds the right to interpret the competition to its entirety, wherein changes and cancellations may occur.






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Until Dyson's cyclone cleaner came into our lives, emptying the dust bag and replacing it with a new one was unquestionably accepted as a norm. Not questioning why things are done the way it is now and not searching for a better alternative is the same as eliminating the possibility of innovation that can lead to a better way.

Peter Ferdinand Drucker, the father of management thinking, defines innovation in a similar context. He describes it as 'a behavior that changes the value and satisfaction of consumers', which should also be preceded by throwing a question mark in the existing 'value' or 'norm'. MyCoinStory (MCS) has questioned the things that are taken for granted in existing cryptocurrency derivative exchanges and devised a way for everyone to have financial freedom through trading.

MCS Thought 1. Wouldn't it be more efficient to manage asset risk by having positions in both directions under one account?

MCS SOLUTION 1. MCS IMPLEMENTED THE "MULTI-POSITION" SYSTEM WHICH ALLOWS TRADERS TO HAVE THREE POSITIONS AT ONCE.





This allows traders to hedge against different strategies in one account. By generating different returns on two opposite positions for the same quantity and operating an additional single position at the same time, traders can use three times more trading techniques than before. This will upgrade one's trading skills and allow hedging more strategically.


MCS Thought 2. Why use the unstable USD for a quote currency?

MCS SOLUTION 2. MCS USES THE USDT AS A QUOTE CURRENCY TO PREVENT POTENTIAL DISBENEFITS THAT MAY ARISE FROM RAPID PRICE FLUCTUATIONS.





There are not many exchanges that handle BTC/USD trading pair or have abundant liquidity in the current cryptocurrency exchange market. This limits the number of exchanges to refer to in calculating the mark price which is highly relevant to traders' profits. If a problem arises on one of the referred exchanges, it is likely that an 'inadequate' mark price will be formed that will damage traders. However, MCS uses BTC/USDT trading pair to protect traders from this event.

These 'MCS's Better Ways' mentioned above are not the results of coincidences like the accidental connection of fragile filaments made the illumination. Every member at MCS has 'personally' traded on various existing exchanges, asked questions in every area, and tried to come up with a better way. Some may have taken it for granted, but MCS certainly did not miss the details, creating the unique value of MCS.

MCS will look at every aspect from the perspective of traders, will continue to provide traders a better trading environment through analysis and systematic approach, and forever progress for the "best".





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MCS GRAND OPENING

The most trustworthy and friendly crypto derivatives exchange is now open!


 150x leverage ⭐  24/7 Live Local Support  ⭐  250,000 Transactions Per Second ⭐ $10 Welcome Bonus  

MCS.io






Join MCS NOW and don't miss the opportunity to get your welcome bonus!







ABOUT MCS
   


MCS (https://mcs.io) is a Cryptocurrency Derivatives Trading Platform established in February 2020 registered in Seychelles with Headquarters in Singapore. MCS provides a robust trading experience for traders with our financial enterprise-grade systems. MCS strongly stands by the values of being 'Trader Centric' to ensure all of our customers can experience being professional traders. With the vision of expanding beyond cryptocurrency trading and growing into an investment bank, we aim to provide quality financial services at each touch-point with our traders from the beginning to successfully draw out our future.

MCS has a team of financial engineers that analyze financial data on both macro and micro levels to develop various cryptocurrency derivatives products.[/size]



SECURE - TRUSTWORTHY SYSTEM    


MCS is equipped with the highest level of technology and security to remove any possible risks.

1. Financial Enterprise-Grade IT Infrastructure    

MCS boasts an industry-leading matching engine that processes over 250,000 transactions per second (TPS) and removes overload by splitting engine modules for different purposes.
    

2. Security as Top Priority

MCS protects and securely manages assets with the world's leading digital asset storage and custodial BitGo. 100% of our traders' assets are stored in a multi-signature cold wallet to ensure security.
    

3. Financial Institution-Grade Information Security

All trader information is thoroughly encrypted and managed under a financial institution-level information security system.


4. 24/7 Monitoring

The monitoring team supervises the system 24/7 and responds directly as soon as any threats or issues are discovered.[/size]



MCS TRADING ENVIRONMENT OPTIMIZED FOR TRADERS    


MCS is ALWAYS focused on building a 'Trader Centric' exchange system.

1. Transparent and Fair Mark Price using USDT

MCS uses USDT due to its high liquidity in the cryptocurrency market. With the aim to provide a fair exchange, MCS utilizes 7 exchanges as a reference to setting the mark price of the exchange.    


2. 24/7 Multi-Language Support

We provide 100% localized English, Chinese, and Korean customer support 24 hours a day. Traders can experience the best customer support service whenever it is needed.    

3. The way the trader wants - widget-based UI

Traders can customize the exchange according to their needs. All the widgets can be moved, reshaped, and removed to match the tastes of each and every trader on MCS.



4. Various Widgets

In addition to the basic trading widgets, MCS has built a trader-centric trading environment by developing widgets that help set trading strategies.[/size]





FEATURES ONLY AVAILABLE ON MCS

- Multi-Position
- Covesting
- Shadow Trading


These are unique features only available on MCS!

Coming to you SOON!




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