BIDZ E-STORE's BTC/USDT (BIDZ) Perpetual Contract Launch

BIDZ E-STORE is taking a significant step forward with the upcoming launch of its
BTC/USDT (BIDZ) Perpetual Contract, as part of a broader strategy to expand into the futures trading market.

Next Steps with the BTC/USDT (BIDZ) Futures Pair:

1. Launch and Implementation:

The BTC/USDT (BIDZ) Perpetual Contract is scheduled to launch on September 1st, 2024. This marks the beginning of futures trading on the BIDZ platform, allowing users to trade Bitcoin futures using BIDZ tokens as collateral. This introduction is expected to attract a new wave of investors and traders, adding a new dimension to the BIDZ ecosystem.

2. Leverage Options:

With the BTC/USDT (BIDZ) futures pair, users can leverage their positions up to 10X. This high leverage option is designed to appeal to experienced traders looking to maximize their potential profits. However, BIDZ emphasizes the importance of understanding the risks, especially for beginners, who are encouraged to start with lower leverage.

3. Increased Token Utility:

The introduction of futures trading will significantly enhance the utility of the BIDZ token. Users will need to hold BIDZ tokens to participate in the BTC/USDT (BIDZ) futures market, driving up demand and potentially increasing the token’s value. This move is expected to improve liquidity as more tokens circulate within the trading environment.

4. Market Expansion:

BIDZ E-STORE is looking to expand its reach by adding more futures pairs in the future, based on the success of the BTC/USDT (BIDZ) contract. This expansion could include other popular cryptocurrencies, further solidifying BIDZ’s position in the crypto trading market.

5. Attracting New Investors:

By introducing the BTC/USDT (BIDZ) futures pair, BIDZ E-STORE aims to attract a broader audience, including institutional investors and professional traders looking for sophisticated trading options. The company is optimistic this will increase participation on the platform and drive more attention to the BIDZ token.

Long-Term Vision:

BIDZ E-STORE envisions the BTC/USDT (BIDZ) futures pair as just the beginning of a more extensive offering in the futures market. The company plans to continuously innovate and add new features to meet evolving user needs, all while maintaining a focus on security, transparency, and user education.

The successful launch and adoption of the BTC/USDT (BIDZ) futures pair will be a key milestone for BIDZ, potentially setting the stage for further growth and expansion in the cryptocurrency trading space.