CoinW, the world’s pioneering cryptocurrency trading platform, will list DRIFT, a decentralized derivatives trading platform, on the DeFi Zone and Solana Zone. For all CoinW users, the DRIFT/USDT will be officially available for trading on September 30th 2024, at 11:00 (UTC). To celebrate the listing of DRIFT, we are launching the “DRIFT bounty program: Register & Trade & Retweet” event with a reward pool of 2,000 USDT.

Pioneering the Future of Decentralized Derivatives Trading

Drift Trade is revolutionizing decentralized finance (DeFi) with its high-performance decentralized derivatives trading platform. Drift Trade is built on the Solana blockchain, offering low-latency, high-speed trading with lightning-fast execution times. Users of Drift Trade can enjoy advanced trading features like cross-margin trading and perpetual futures, with robust liquidity and deep order book functionality.

The platform’s unique cross-margined risk engine allows traders to manage their collateral efficiently across multiple positions, reducing the need for complex manual margin management. Furthermore, Drift’s decentralized, permissionless structure empowers traders by providing access to trading opportunities in a non-custodial environment, ensuring that they maintain full control over their assets.

Key Features of Drift Trade

Perpetual Futures: Users can trade a variety of assets with perpetual futures, accessing leverage and a more dynamic trading environment.

Cross-Margin Trading: Drift’s innovative cross-margin engine allows traders to manage their collateral efficiently across multiple positions, increasing capital efficiency.

High Performance: Built on Solana, Drift delivers low latency and fast execution speeds, ensuring that traders experience minimal delay during high-frequency trades.

Decentralized and Non-Custodial: Drift offers users full control of their assets through its decentralized framework, aligning with the ethos of DeFi by eliminating intermediaries.

2,000 USDT Limited-Time Offer for CoinW Community

To celebrate the listing, 2,000 USDT equivalent DRIFT prize pool will be up for grabs from September 30th, 2024, at 11:00 to October 15th, 2024, at 16:00 (UTC). By participating in events such as registration, trading, and community events, CoinW users have the opportunity to share in a prize pool of 2,000 USDT.  To claim your rewards, please click here

About CoinW

CoinW is a pioneering crypto trading platform that prioritizes security, transparency, and user-centric principles. With advanced technology, deep liquidity, and a wide range of supported cryptocurrencies, the company has amassed a broad user base to become one of the world’s most secure crypto exchanges. Committed to security, transparency, and compliance, the CoinW exchange upholds the highest regulatory standards and actively contributes to the advancement of the crypto industry. To learn more about CoinW, you can visit the official website, and follow CoinW’s Twitter AccountBtok, and Telegram Group.

About DRIFT

Drift is the #1 open-sourced perpetual futures platform built on Solana. Drift is the most feature-complete decentralized exchange, including spot, perpetual, and swaps. Drift currently has over 180,000 users, $22B in total volume, $350M TVL, and $200M in open interest.

This press release was originally published on this site

You May Also Like

ReHold Introduces Swaps: Transforming the DeFi Trading Experience

ReHold is excited to announce the launch of its latest feature, ‘Swaps,’…

ScholzGruppe.com Announces New Transparency-Focused Framework Following Strategic System Update

Introduction The company has introduced a new transparency-centred operational framework designed to…

Venom Foundation Partners with the UAE Government to Launch National Carbon Credit System

Abu Dhabi, UAE, August 9th, 2023, Chainwire   Venom Foundation, a leader…

Deleno IFC: Creating Comprehensive Value

The vision of Deleno IFC is to become a global leading investment…

Former CEO of MoneyGram Alex Holmes Joins True I/O to Accelerate Secure Payment Systems, Real-World Asset (RWA) Transactions, and the Implementation of Blockchain Names

True I/O, an emerging leader in blockchain-based security, identification, and tokenization solutions,…

Unicrypt Network Unveils Strategic Partnership with CoinStats

The collaboration kicked off with the pioneering implementation of liquidity lockers, allowing…

Gnodi Mainnet is Live

FOR IMMEDIATE RELEASE Gnodi Mainnet is Live   Gnodi Mainnet Deployed —…

LAKEVIEWMETA ROLLS OUT NEW UPDATE WITH KEY ENHANCEMENTS TO ITS METAVERSE PLATFORM

LakeViewMeta, a developer in the GameFi and web 3 gaming space, announces…

Shortage.finance Adding Value to Users through Its Ethereum-backed Token

According to the project, its token is not suitable for trading or…

The Algorix (ALOR) Expands Global Reach with Listings on BitMart and Toobit Exchanges

Algorix, the innovative blockchain ecosystem revolutionizing trading and investments, is thrilled to…