Bittime - OX.FUN, a crypto asset trading platform, has just announced the launch of a special margin program for meme coins. Through this program, meme coins built on the SOL, ETH, BASE, or BSC blockchain network now can apply for perpetual margin contracts.
Benefits of Joining the OX.FUN Meme Coin Margin Program
Users whose meme coins are registered in this program can enjoy several benefits, namely:
- Using Meme coins as Margin: Meme coin holders can use their coins as margin to trade perpetual contracts over 50 tokens available on OX.FUN. This allows users to increase their profit potential without having to sell the memecoins they own.
- Increasing the Utility of Meme coins: By registering meme coins in the margin program, the utility and value of the coins can potentially increase. Users will have a stronger reason to hold the meme coin because it can be used for other trading activities.
- Wider Exposure: The OX.FUN margin program can provide wider exposure for listed meme coins. This can attract the interest of new investors and increase the liquidity of the meme coin.
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OX.FUN Meme Coin Margin Program Registration Criteria
Memecoins who wish to participate in the OX.FUN margin program must meet the following criteria.
- Running on a Specific Blockchain Network: Memecoin must be built and running on one of four blockchain networks (SOL, ETH, BASE, or BSC).
- Have a Market Cap: Memecoin must have a market cap (market capitalization) of more than 1 million US dollars and have been operating for more than 30 days.
- Through the Consultation and Registration Process: The meme coin development team must carry out consultations and submissions via private messages (direct messages) to the official OX.FUN Twitter account (@OXFUNHQ) or Telegram account (@0xyima).
- Creation of a Locked Liquidity Pool: Once both parties reach an agreement, the memecoin development team must create a locked liquidity pool. This liquidity pool serves as collateral for the margin program.
How to Register for the OX.FUN Meme Coin Margin Program
For the memecoin development team who are interested in joining this program, please do the following steps:
- Send a private message to the Twitter account @OXFUNHQ or Telegram account @0xyima.
- Consult regarding program criteria and requirements.
- If meme coin meets the requirements, continue with the registration process.
- Create a locked liquidity pool according to the agreement.
Also Read How to Buy Crypto:
Benefits Both Parties
The launch of the meme coin margin program by OX.FUN is an innovative and potentially profitable step for both parties. Meme coins enrolled in the program can increase their utility and liquidity, while OX.FUN users will gain new margin options for trading perpetual contracts.
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How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Trading Meme Coin: Trends, Speed, and Profit!
List of the Best Solana Meme Coins 2024, Check Here!
Bitcoin Sluggish, Meme Coin and AI Tokens Skyrocketing
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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