March 19, 2024

XT.COM Launches $TLOS in the USDT-M Futures and Starts Its Trading Event

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XT.COM, a renowned global trading platform, has announced the introduction of the TLOS/USDT perpetual contract on its exchange, marking a significant milestone for both XT.COM and the Telos blockchain community. 

Starting from March 14, 2024, at 08:00 UTC, this initiative opens new trading avenues for TLOS holders and introduces leverage options ranging from 1 to 10x, catering to a wide range of traders' risk appetites and strategies.

The Partnership:

  • The partnership between Telos ($TLOS) and XT.COM enhances market accessibility by introducing diverse trading strategies and leverage options, accommodating both novice and seasoned investors. 
  • It amplifies the visibility of TLOS on a global scale and augments liquidity via futures trading.
  • Fosters community engagement through a range of events and challenges, rewarding our community and enhancing cohesion within the Telos ecosystem.

Event Highlights and Timelines

The launch is accompanied by a Futures Trading Challenge, running from March 14 to March 28, 2024, designed to engage the community and reward active participants. This event is structured to include several activities,each with its unique rewards and qualifications.

Early Bird Airdrop Rewards: 

The first 100 users trading the TLOS/USDT perpetual contract with a total of over 100 USDT (including leverage) will be rewarded with 20 TLOS tokens each on a first-come, first-served basis.

Start Trading Now: https://www.xt.com/en/futures/trade/tlos_usdt

Trading Rewards: 

Traders are ranked based on their trading volume, with the top 10 traders sharing an 8,000 TLOS reward pool. Additionally, participants achieving 100,000 USDT in trades are entered into a draw, with 5 winners each receiving 500 TLOS.

Profit Ranking Competition: 

Traders achieving a cumulative trading volume of ≥1,000 USDT will be ranked based on total contract trading profits, with rewards totaling approximately 2,000 TLOS distributed among the top performers.

Terms and Conditions

Participants must undergo KYC verification to ensure secure and compliant trading. We stress the importance of responsible trading and caution about the risks of leveraged trading. The event includes a non-cumulative early bird airdrop and a trading challenge aimed at promoting community engagement. All trading activities will adhere to a strict fair play policy to deter fraudulent practices. For a comprehensive understanding of the rules and to participate responsibly, please refer to the official XT.COM announcement: https://xtsupport.zendesk.com/hc/en-us/articles/29846724961561-XT-COM-Launches-TLOS-in-the-USDT-M-Futures-and-Starts-Its-Trading-Event

About XT.COM

Established in 2018 and registered in Seychelles, XT.COM boasts over 7.8 million registered users and a monthly active user base exceeding 1 million. Its comprehensive trading platform supports over 800 high-quality tokens and more than 1000 trading pairs across various trading categories including spot, futures, margin trading, and OTC. 

Known for its user-friendly interface, secure and transparent transactions, and extensive selection of crypto derivatives, XT.COM stands as a pioneer in offering interest-free margin trading and maintaining competitive service fees.

Conclusion

This partnership not only signifies a major step forward for TLOS in the realm of digital assets trading but also demonstrates XT.COM's commitment to enriching its trading ecosystem with innovative offerings. Both existing and new members of the Telos community can look forward to exploring new trading dimensions and opportunities through this collaboration.

Be sure to follow XT.COM on all of their platforms 

Website: XT.COM 

X: https://twitter.com/XTexchange

X: https://twitter.com/XT_Futures/

Medium: https://medium.com/@XT_com

Telegram: https://t.me/XTsupport_EN

Disclaimer

The content provided in this article is for informational purposes only and should not be construed as financial or investment advice. Always conduct your own research and consult with a professional before making any financial decisions. Cryptocurrency investments along with other asset classes can be volatile and can result in potential losses. Always use caution, practice due diligence, and never invest capital you cannot afford to lose. Remember to always maintain the security of your accounts, use strong passwords, enable two-factor authentication, and be wary of phishing attempts. Stay safe and invest responsibly.

About The Telos Foundation

Telos is a decentralized blockchain ecosystem that includes Telos EVM, which is tested as the fastest Ethereum Virtual Machine globally, and its high-speed consensus layer, Telos Zero. With its continued focus on helping push forward the global adoption of Zero Knowledge technology, Telos is also currently developing a hardware-accelerated Ethereum Layer 2 network powered by SNARKtor, with the goal of enhancing privacy and scalability for global use cases at scale. Telos is overseen by The Telos Foundation, an ownerless foundation dedicated to advancing the Telos blockchain network and its community.

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