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New listings: TRX & SAND Futures
07/28/2022
TRON (TRX) and The Sandbox (SAND) are available for trading on BTCC
We are excited to announce that we have listed two new futures contracts on BTCC:
You can now trade the above newly-added futures with 50x leverage on our app and web. See more details on the futures contract specifications.
TRX – Empowering content creators
What is TRX?
- TRX is a native token developed by the Tron Foundation in 2017.
- The aim of creating TRX is to help content creators receive more rewards for their work, as creators often have to go through intermediaries like Facebook or YouTube.
- The coin is currently ranked 15 on CoinGeckgo, with a market cap of over $6 billion.
What’s coming up?
- Tron’s Grand Hackathon 2022, a competition where entrepreneurs, developers, and designers get to compete in the space of DeFi, GameFi, NFT, and Web3 for an aggregate bounty of $1 million, has just closed its submission. Public voting and judging will be held between 1 August and 11 August, and winners will be announced on 17 August.
- As public voting will take place soon, will TRX benefit from the heat of the competition? Monitor its trend with our free price alert tool.
SAND – Introducing blockchain technology to the gaming world
What is SAND?
- Did you know that The Sandbox was originally a mobile game back in 2011? It was first designed to compete with Minecraft and has received overwhelming success in the industry since then. In March 2022, the game hit two million registered users worldwide.
- As one of the most popular play-to-earn games, The Sandbox allows users to create, build, buy and sell blockchain-based assets, which is a revolutionary move in the world of gaming.
- It utilises the power of blockchain technology by introducing the SAND token that helps facilitate transactions on the platform.
- The coin is currently ranked 40 on CoinGeckgo, with a market cap of over $1.5 billion.
Latest price direction
- SAND’s price went up by 20% in July. Despite its recent tumble, the coin is currently staying well above its psychological mark of $1.0. Go long or short on SAND with 50x leverage.
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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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