Curated News
By: NewsRamp Editorial Staff
October 01, 2024
CoinW to List DRIFT on Decentralized Derivatives Trading Platform
TLDR
- CoinW will list DRIFT on the DeFi Zone and Solana Zone, offering advanced trading features and high-speed execution for competitive traders.
- DRIFT is a decentralized derivatives trading platform built on the Solana blockchain, providing low-latency, cross-margin trading, and non-custodial structure.
- DRIFT's decentralized, permissionless structure empowers traders by providing access to trading opportunities in a non-custodial environment, ensuring full control over their assets.
- DRIFT's innovative cross-margin engine allows traders to efficiently manage their collateral across multiple positions, increasing capital efficiency.
Impact - Why it Matters
This news matters as it introduces CoinW users to the revolutionary decentralized derivatives trading platform, DRIFT. The integration of DRIFT on CoinW will provide users with advanced trading features, robust liquidity, and the opportunity to participate in a limited-time DRIFT bounty program. Additionally, the platform will offer users full control of their assets through its decentralized framework, aligning with the ethos of DeFi by eliminating intermediaries.
Summary
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. 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.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, CoinW to List DRIFT on Decentralized Derivatives Trading Platform