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New Listing: BLUR/USDT Perpetual Futures
02/21/2023
We’re excited to announce that we’ve added BLUR/USDT perpetual futures to our list of product offerings. You can now trade it with up to 50x leverage on our app and web platforms. Below is a table showing the contract specifications of the new product.
BLUR (Blur)—The token that powers the rising NFT marketplace
What is BLUR?
- BLUR is the ERC-20 governance token of Blur.io, an NFT marketplace and aggregator designed for pro traders.
What’s unique about Blur.io?
- Launched for public use in October 2022, Blur.io offers unique features such as real-time price feeds, portfolio management, and multi-marketplace NFT comparisons, as well as faster NFT sweeps and a more intuitive interface than other comparable platforms. Pro traders can also enjoy low trading fees and faster settlement on Blur.io.
- Blur.io was designed to excel in the hotly debated category of NFT creator royalties (revenue of NFT sales) with the vision of allowing creators to earn full royalties on all marketplaces, achieving a fair balance between the interests of NFT creators and traders.
- BLUR holders can participate in the platform’s decentralised governance mechanism and earn rewards from the revenues generated by Blur.io.
Current momentum & future trend
- BLUR has soared by around 27% during the last weekend (18 February), and it is currently trading at the $1.24 level.
- It is ranked 92nd on Coinmarketcap, with a market cap of over $482 million.
- Despite the fall that occurred following the 360 million BLUR tokens airdrop on 14 February, BLUR rebounded amid the massive hype surrounding the platform.
- Based on the data from DappRadar, Blur.io has generated $460 million in Ethereum NFT trades from 15 Feb to 21 Feb, a 361% rise over the previous period. Comparatively, OpenSea only experienced a 12% increase in trade volume to $107 million during the same period.
- As Blur.io has become the talk of the down in the NFT space, is the native token of the platform BLUR set to fly high? Set up market widget to stay updated with its latest price changes.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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