New Listings: KAS, IQ, MBL, TT, and SC USDT-Margined Perpetual Futures
We are excited to announce that we have listed five popular cryptos. You can now trade these newly-added USDT-margined perpetual futures contracts with up to 50x leverage on our app and web platforms.
Below is a table showing the contract specifications of this round of new listings.
What is Kaspa (KAS)?
Kaspa is a decentralised and fully scalable Layer-1 blockchain solution built to address the scalability challenges faced by Bitcoin and other blockchains. It utilises a unique DAG (Directed Acyclic Graph) architecture, allowing faster transaction processing and increased scalability through its parallel processing of transactions.
The project is community-driven, aiming to create a decentralised and secure blockchain network suitable for various applications.
KAS is the native cryptocurrency of the KASPA network, which is used for payments, transaction fees, and mining. Transactions are validated through PoW-DAG, a consensus mechanism combining proof-of-work and DAG, ensuring secure and efficient validation. KASPA was launched in November 2021 by Yonatan Sompolinsky, with no pre-mining or pre-allocation of coins, emphasising decentralisation and community governance principles.
KAS is currently ranked 207th on CoinMarketCap, with a market capitalization of over $830 million.
What is IQ (IQ)?
IQ.wiki is a revolutionary knowledge ecosystem powered by blockchain and artificial intelligence. As the world’s largest blockchain and cryptocurrency encyclopedia, IQ.wiki offers thousands of wikis covering all aspects of the crypto space. The platform’s mission is to educate the world about blockchain technology and make it more accessible to users.
To ensure transparency, all edits on IQ.wiki are recorded on the Polygon blockchain, while data and images are stored on IPFS. The integration of AI, specifically OpenAI’s GPT-4, allows for scaling content and simplifying tasks like summarising articles.
At the heart of IQ.wiki is the IQ token, which serves as a DeFi and governance token. Users can stake IQ tokens to actively participate in the platform’s democratic governance and moderation.
IQ is currently ranked 277th on CoinMarketCap, with a market capitalization of over $81 million.
What is Moviebloc (MBL)?
MovieBloc, founded by Peter Kim, is a decentralised movie and content distribution platform that aims to address issues in the entertainment industry caused by conglomerates. The platform’s mission is to provide transparent revenue sharing, audience data access, and equal screening opportunities to creators, while offering viewers diverse films and content, rewarding them for contributing curation, subtitles, and marketing materials.
Since its launch on 5 May 2019, MovieBloc has grown rapidly and commenced its official service on 31 December 2019. Recently, the platform has moved to the Ontology mainnet.
The MovieBloc ecosystem operates using MBL, its native token, to facilitate various economic activities. Users can utilise MBL to access premium content (TVOD), creators can pay translators and users can donate to other participants with MBL. Additionally, MBL rewards users for actions such as reporting illegal content, rating films, and providing film reviews.
Furthermore, MovieBloc expanded its services by acquiring ‘Cobak,’ a crypto community service in Korea, and establishing MBL Media, a content IP development company focused on animation and movie content. Ahn Hong-ju, a MovieBloc advisor, was appointed as the CEO of MBL Media. In the long run, MovieBloc aims to create a robust film ecosystem centred on participants.
MBL is currently ranked 352nd on CoinMarketCap, with a market capitalization of over $52 million.
What is Thundercore (TT)?
ThunderCore is an EVM-compatible public blockchain supporting interoperability and Ethereum-based smart contracts and dApps. It uses Proof of Stake (PoS) consensus, making it eco-friendly and efficient. With sub-second confirmation times, 4,000+ TPS, and low transaction fees, ThunderCore is ideal for DeFi, GameFi, NFTs, and more.
The network’s native currency, TT, powers the ecosystem and can be staked by validators to secure the network. PaLa, a PoS consensus model, ensures secure block production and transaction validation.
Founded in 2017 by Chris Wang, ThunderCore launched its mainnet in 2019. It introduced ThunderBridge for cross-chain transfers and the integration with Filecoin to expand the blockchain’s DeFi capabilities. Future plans include improving interoperability, launching a universal NFT marketplace, and establishing the ThunderCore DAO for decentralisation.
TT is currently ranked 414th on CoinMarketCap, with a market capitalization of over $40 million.
What is Siacoin (SC)?
Siacoin is a blockchain-based decentralised file-sharing and storage protocol offering an alternative to centralised cloud solutions. It allows participants to share unused drive space in exchange for cryptocurrency rewards. Siacoin was founded in 2013 and launched publicly in 2015 with a mission to become the backbone storage layer of the Internet.
Files on Siacoin are encrypted, divided into pieces, and distributed across the network. Users pay SC tokens to hosts for decentralised storage, facilitated by unique smart contracts called ‘file contracts.’ These contracts define hosting parameters and up-time commitments.
Siacoin uses a proof-of-work (PoW) consensus model with a proof-of-storage feature to ensure reliable file hosting. Nebulous Inc, founded by David Vorick and Luke Champine, is the company behind Siacoin.
Siacoin sets itself apart by offering efficient and reliable decentralised hosting while allowing participants to monetise unused drive space without centralised control.
SC is currently ranked 145th on CoinMarketCap, with a market capitalization of over $187 million.
Trade KAS, IQ, MBL, TT, and SC to share a prize pool of 110,000 USDT! 😎
In this campaign, you will get 1 ticket (worth 2 USDT trading funds) for trading every 10,000 USDT in volume. Each user can get up to 100 tickets (equals 200 USDT trading funds) per day. Trading starts at 16:00 (UTC) every day, and tickets won will be credited to your account instantly once you meet the trading requirements.
Some points to note for the campaign:
- Currently, over 200 crypto futures are available on BTCC, and you can trade any of them in this campaign to be eligible for the rewards.
- Registration for this campaign is required. Only trades with trading fees of more than 0 USDT made after the registration will be counted as valid trades for the campaign.
- Trading funds can be used as margins for trading and to cover trading losses, trading fees, and funding fees when trading perpetual futures.
Still don’t have an account yet?
Click to register or scan the below QR code to download the BTCC app: