crypto-crypto trading

  1. What trading pairs are available for crypto-crypto trading?
    • Please refer to MaiCoin app and web for the most up-to-date trading pairs available.
    • Currently, available quote currencies include USDT, USDC, NTD (New Taiwan Dollar)
    • Examples: 
      • Buy BTC: You can buy BTC with USDC.
      • Sell BTC: You can sell BTC for USDC.
  2. What’s the benefit of crypto-crypto trading?
    • In volatile market, users can convert between BTC (or other non-stablecoins) and stablecoins (i.e. USDT and USDC) without involving NTD (New Taiwan Dollar) for higher trading efficiency.
    • When market sentiment is steady, users can convert BTC into stablecoins and obtain yield with the stablecoins with our Yield products.
    • The above use cases aim to illustrate scenarios in which:
      • Users would like to hold BTC in a volatile market for expectation of capital gains;
      • In a steady market, users prefer to gain yield with their stablecoins via a conversion from BTC.
    • Disclaimer: 
      • Use cases and scenarios listed hereof should not and are not trading recommendations. You shall cautiously consider your actual needs in order to make assessment when you purchase cryptocurrency and make related decision (including but not limited to investment, financial or tax related decisions). You shall assume the risk of your own behavior and shall hold MaiCoin harmless from any liability, damage, indemnification or loss. 
  3. Who can conduct crypto-crypto trading?
    • Users with account level 1 or above can trade. 
  4. Trading limits
    • Minimum/Maximum limit per trade: please refer to the actual settings on the trading page.
    • Daily trading limit: unlimited.
  5. How does crypto-crypto trading interacts with my ROI dashboard? 
    • ROI dashboard is only available to Lv2 users at the moment.
    • Market value of holdings = mid price in NTD (New Taiwan Dollar) * crypto balance.
    • Disclaimer:
      • You acknowledge and agree that ROI information provided by MaiCoin is solely for your reference.  You shall cautiously consider your actual needs in order to make assessment when you purchase cryptocurrency and make related decision (including but not limited to investment, financial or tax related decisions). You shall assume the risk of your own behavior and shall hold MaiCoin harmless from any liability, damage, indemnification or loss.

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