Today, crypto derivatives exchanges, Phemex announced it has launched a GOLD/USD perpetual contract for trading on their platform. This contract will give traders the opportunity to trade GOLD at 100x leverage.
In addition, they have also launched contracts for XTZ/USD, LINK/USD, and LTC/USD, which are three of the most popular cryptos to trade right now. As the platform develops, Phemex CEO Jack Tao says they plan to launch more contract types in a secure and safe trading environment that their customers are looking for.
Check out Jack’s presentation here: https://www.chaintalk.tv/watch/jack-tao/