CoinW Launches Perpetual TradFi Futures for Currencies and Indices

CoinW has launched a new offering of five perpetual futures contracts, including three currency pairs and two major stock indices, with margin trading available in USDT. The exchange aims to attract traders primarily from CIS countries, where traditional brokerage options are often limited.

The newly available contracts include:

• EUR/USD with a leverage of up to 500x;
• GBP/USD with a leverage of up to 200x;
• USD/JPY with a leverage of up to 200x;
• JP225 (Nikkei 225 index) with a leverage of up to 75x;
• KR200 (KOSPI 200 index) with a leverage of up to 25x.

These contracts allow traders to leverage up to 500 times on certain currency pairs, and they can use their existing crypto asset accounts to trade without the need for additional broker agreements or fiat transfers. This feature simplifies trading and appeals to users seeking efficient access to these markets.

The minimum price fluctuation for currency pairs is set at 0.0001, while the JP225 index has a minimum of 1. These contracts are also distinguished by their lack of expiration dates, offering traders greater flexibility.

CoinW also recently introduced an Earn program that provides a 6% annual yield, launched in conjunction with Conor McGregor's return to the UFC.