Introduce

Do you know? In today's society, the development of technology entails a series of changes in the economy. It can be a positive change or it can be a negative change. Of course, most of the positive changes are still going strong and dominating. Cryptocurrency is a new innovation on the internet that has been introduced with blockchain technology, the technology itself being the latest to introduce the concept of a distributed ledger where databases are shared across the network. public, where any copy of the data will be available to everyone participating in the network. Because of that strong development, followed by the strong volatility of the cryptocurrency market. Traditional traders started using crypto market options for their trading, but the decentralized ecosystem of cryptocurrencies makes it difficult to access data. This process is quite complicated and takes a long time making customers feel tired and frustrated. The core team behind the Metavault Trade has noticed these issues and seen its negative impact on traders. Therefore, they conducted research and created an optimized solution for blockchain technology.

Metavault.Trade — Decentralized Trading of Perpetual Futures

Before getting into the details of why I think Metavault.Trade is a great project, I’d like to describe the vertical it is part of: “Decentralized Perp trading”. You can skip this section if you already know all about it!

Decentralized Trading

I guess all my readers know what centralized trading is. It’s the act of buying/selling an asset on a Centralized Exchange (CEX) like Binance, KuCoin or Coinbase. These platforms have pros and cons: they can offer low transaction fees and allow for a lot of flexibility through APIs and bots. But they also require different levels of KYC to use — which is in principle a good thing, until they get hacked and your personal data is out there for every imaginable bad actor to use — and sometimes they freeze your assets for reasons only known to them. Worst case scenario they get hacked and you lose everything you have on their platform. “Not your key, not your crypto!” as the saying goes.

Decentralized Apps (dApps) solve some of these issues by transferring the trading to blockchains like Ethereum and offering decentralized trading solutions. Uniswap is probably the most famous Decentralized Exchange (DEX). No KYC needed, and you can use it from anywhere in the world. But the fees on Ethereum can be 10 to 100 times higher than what they would be for a similar trade on a CEX, especially for those with smaller position sizes. The price of decentralization is high! Metavault.Trade is a new generation DEX that brings many innovations and very low fees.

Futures contracts

When people start trading, they usually begin with “spot trading”, which consists of buying and selling an asset directly on the market. But there are also more sophisticated instruments called futures contracts, or “futures” for short:

A futures contract is an agreement to buy or sell a commodity, currency, or another instrument at a predetermined price at a specified time in the future.

Unlike a traditional spot market, in a futures market, the trades are not ‘settled’ instantly. Instead, two counterparties will trade a contract, that defines the settlement at a future date. Also, a futures market doesn’t allow users to directly purchase or sell the commodity or digital asset. Instead, they are trading a contract representation of those, and the actual trading of assets (or cash) will happen in the future — when the contract is exercised [Ref].

These contracts were invented so that one could hedge against variations of the market, but futures trading also offers more possibilities than spot trading:

• Traders can “go short”: they can bet against an asset without even owning any of it.
• Traders can use leverage: they can enter positions for a multiple of their balance. But by doing so, they run the risk of loosing their entire balance when the market goes the wrong way, even if only by a little. Using high leverage (10x, 20x… 100x!) with large positions is very dangerous and should absolutely be avoided if you’re not an expert trader!

Token Information

MVX token address: 0x2760E46d9BB43dafCbEcaad1F64b93207f9f0eD7

After staking MVX, you will receive staked MVX:

MVX staked token address: 0xaCEC858f6397Dd227dD4ed5bE91A5BB180b8c430​

Metavault.trade is probably one of the best solutions I’ve seen in the past year. Therefore, if you have the desire and ability, you can easily become part of a powerful project, the token is hosting the IDO and will continue to this day.

#polygon #metavault #trade #ido #sale
https://metavault.trade/
https://app.metavault.trade/
https://t.me/MetavaultTrade/
https://discord.com/invite/metavault
https://twitter.com/MetavaultTRADE/

#PROOF OF REGISTRATION
Forum Username: Scubidu
Profile : https://bitcointalk.org/index.php?action=profile;u=2785636
Polygon wallet : 0xb39D2e71DC421785c507dCEb6441241231e85Ec0