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Coin Security Contract Introduces TUSD and USDP as Joint Margin Assets

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Coin Security Contract Introduces TUSD and USDP as Joint Margin Assets

On March 16th, according to an official announcement, from 16:00 (Eastern Eighth Zone Time) on March 20th, the Coin Security Contract joint margin model will support TUSD and USDP as joint margin assets, and adjust the maximum transferable amounts of ADA, DOT, and SOL in the joint margin model to zero.

The joint margin model of Coin Security Contract will support TUSD and USDP

Analysis based on this information:


Coin Security Contract has made an official announcement that from March 16th, the joint margin model will support TUSD and USDP as joint margin assets. This move is aimed at providing more flexibility and diversifying the assets available for margin trading. TUSD and USDP are both stablecoins that are pegged to the US Dollar, which means that traders can hold both assets without worrying about price fluctuations.

The introduction of TUSD and USDP as joint margin assets also implies that traders can now use them as collateral for leverage trading. This means that they can borrow from the exchange to invest in other assets while using TUSD and USDP as collateral. This functionality is especially useful for traders who want to boost their returns without putting in too much of their capital. However, it is important to note that leverage trading is high-risk and requires careful consideration before making a decision.

Along with the introduction of TUSD and USDP, the maximum transferable amounts of ADA, DOT, and SOL in the joint margin model will be adjusted to zero. This means that traders who currently hold any of these assets in the joint margin model will have to either withdraw them or hold them in a different account. The reason for this adjustment is not clear from the announcement, but it could be related to the recent price volatility of these assets.

Overall, the introduction of TUSD and USDP as joint margin assets is a positive move by Coin Security Contract, as it provides traders with more options and flexibility. However, it is important to remember that margin trading is a high-risk activity and traders should always be cautious and make informed decisions. Additionally, the adjustment of the maximum transferable amounts of ADA, DOT, and SOL is something to keep in mind for those who currently hold these assets in the joint margin model.

In conclusion, Coin Security Contract’s announcement of supporting TUSD and USDP as joint margin assets provides traders with more options, but caution is always advised when engaging in margin trading activities.

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