Global cryptocurrency exchange Coinstore.com has launched its Futures Credit feature, allowing investors to grow their cryptocurrency holdings without actually using the funds. This will benefit investors who want to buy and hold digital assets to further capitalise on market movements.
According to the exchange, the new feature is a digital fund lending reward that helps users understand Coinstore’s perpetual contract transactions. Coinstore.com offers one-to-one futures credit for every USDT (cryptocurrency stablecoin tether) deposited.
Futures credit offers users the opportunity to profit regardless of asset price movements. The first appearance of Indian index futures was in 2000. Individual stock futures came a few years later.
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Coinstore.com claims 180 employees worldwide, serving 1.1 million registered users in 175 countries.