Great news for BTSE users! We have officially removed the haircut on settlement of futures trades when you use both USDC and TUSD as collateral.
Multi-asset collateral allows BTSE users to utilize both fiat and cryptocurrencies you hold as margin collateral. Up until now using USDC and TUSD has given a conversion rate of 0.995. The conversion rate has now been removed and you can now rely on a 1:1 settlement rate. This applies to all amounts from $0-$5,000,000 and beyond.
The BTSE team is happy to continue bringing you increased flexibility, lower fees, and more ways to Trade Confidently. To see a breakdown of our information on multi-asset collateral, click here.
Our aim is to create a platform that offers you the most enjoyable trading experience. If you have questions or suggestions, please don’t hesitate to reach out to us at firstname.lastname@example.org or DM us on Twitter: @BTSEcom.