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21  Economy / Service Announcements / Re: [ANN] ⭐MCS - The Trader-Centric Derivatives Exchange⭐($5 Welcome Bonus) on: October 12, 2020, 03:26:51 AM
MCS | Now Supporting 150x Leverage for BTC/USDT Perpetual Contract

Maximum leverage applicable for MCS BTC/USDT perpetual contracts has been adjusted to 150X.




MCS BTC/USDT Perpetual Contracts' Leverage Now Supports 150X

Before adjustment
Applicable leverage 100X max

After adjustment (available from October 8th, 2020 at 8AM (UTC))
Applicable leverage 150X max


Adjusting the leverage will also make changes to the liquidation price. Please keep this in mind when trading.




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22  Economy / Service Announcements / Re: [ANN] ⭐MCS - The Trader-Centric Derivatives Exchange⭐($5 Welcome Bonus) on: October 12, 2020, 03:16:44 AM
MCS | Ethereum Perpetual Contract Release

Ethereum Perpetual Contract is NOW LIVE on MCS.




WHAT IS ETHEREUM?

Ethereum, with a market capitalization of $400 billion as of October 5, 2020, ranks second after Bitcoin. Ethereum was designed by a Russian Canadian developer Vitalik Buterin in 2013, and is a blockchain platform that has implemented smart contracts on blockchain. Currently, Ethereum is being mined using the Proof of Work (PoW) method, but it will be changed to Proof of Stake (PoS) through the Ethereum 2.0 update later this year.

Ethereum Website : https://ethereum.org/en/
Ethereum Twitter : https://twitter.com/ethereum
Ethereum Whitepaper : https://github.com/ethereum/wiki/wiki/White-Paper
MCS | Ethereum Report : https://drive.google.com/file/d/1ROOSuKKc_rywDBpY_qFfEXulawGQvyXp/view?usp=sharing



ETHEREUM PERPETUAL CONTRACT DETAILS

Trade Open : 8th of October 2020 8AM (UTC)
Ethereum Contract Specifications : https://mycoinstory.com/contract/perpetual/ETHUSDT
Ethereum Contract Calculation Formula : https://help.mycoinstory.com/hc/en-us/articles/900002192163-Quanto-Futures-Contract-Formulas

For inquiries related to SUN futures contracts, please contact us through Live Chat or Telegram.





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23  Economy / Service Announcements / Re: [ANN] ⭐MCS - Bitcoin Derivatives Exchange Now Open⭐($5 Welcome Bonus) on: September 18, 2020, 08:36:52 AM
MCS | INTRODUCING SUN MONTHLY FUTURES CONTRACTS

Tron's DeFi project SUN's Quanto Futures Contract is NOW LIVE on MCS.




WHAT IS SUN?

The SUN token is an experimental DeFi project initiated by the Tron Foundation. The characteristic of the SUN token is that it is operated 100% by the SUN community without any venture capitals (VCs), private equity investments, and team distribution. For more information on SUN, please check the links below.

SUN Website: https://sun.io/[/url]
SUN Twitter : https://twitter.com/defi_sunio
SUN Whitepaper: https://sun.io/docs/sun_whitepaper_en.pdf
MCS | SUN Report: https://drive.google.com/file/d/1tI9GZifjRV6PJnUT9MMcdvVOhE7XR6f9/view?usp=sharing



SUN QUANTO FUTURES CONTRACT DETAILS

A quanto contract refers to a derivative instrument that is settled as another asset instead of either the base currency or the counter currency in the trading pair. MCS's first quanto product, KLAY/USDT Futures, is settled in BTC with a BTC margin, not in its base currency USDT or its counter currency KLAY.


KLAY QUANTO FUTURES

🔹 Dates : 18th of September 2020 6AM ~ 16th of October 2020 6AM (UTC)
- SUN Contract Specifications : https://mycoinstory.com/contract/feature/SUNUSDT
- SUN Contract Calculation Formula : https://help.mycoinstory.com/hc/en-us/sections/900000392263-Futures-Contract

For inquiries related to SUN futures contracts, please contact us through Live Chat or Telegram.





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24  Economy / Service Announcements / Re: [ANN] ⭐MCS - Bitcoin Derivatives Exchange Now Open⭐($5 Welcome Bonus) on: September 18, 2020, 08:22:18 AM
MCS | THE TOP TRADING EVENT FOR QUANTO “KLAY” FUTURES CONTRACT




The (KLAY) Futures Contract will be released on the 17th of September 2020!⭐️  To celebrate the release of the (KLAY) Futures Contract, we will be holding a ⭐️(KLAY) Futures Contract TOP Trading Event!⭐️

With a total 10,000 KLAY up for grabs,💸  we hope many MCS traders participate in the TOP Trading Event. The details are as follows.





KLAY FUTURES CONTRACT TOP TRADING EVENT    


Traders who trade KLAY Futures Contracts during the TOP Trading Event period will automatically join the event. The Top 5 traders with the highest trading volume on the KLAY Futures Contract (Sum Taker, Maker, and Hidden Orders) will share a total pool of 10,000 KLAY.

(Please refer below for the prize pool distribution.)



EVENT DETAILS    


1) Ranking Criteria

- Event Period: September 17, 2020 @ 7:00 AM ~ October 16, 2020 @ 6:00 AM UTC

- Contract: KLAY Futures Contract

- Trading Volume: Top 5 Traders who have deposited 0.01 BTC with highest trading volume (Sum Taker, Maker, Hidden Orders) during the event period

2) Prize Pool Distribution

1st : 4,500 KLAY
2nd : 2,500 KLAY
3rd : 1,500 KLAY
4th : 1,000 KLAY
5th : 500 KLAY

3) KLAY Futures Contract Trading Volume Ranking

The daily rankings will be announced through telegram (https://t.me/mycoinstory_en) at 6am UTC each day until the event ends.

4) Winner Announcement and KLAY Distribution

Winner Announcement: October 16, 2020 @ 8:00 AM
Distribution: A google form will be sent to the winners and the prize KLAY will be sent within 3 business days upon submission.



RULES

1️⃣ If the trading volume is tied, the trader registered earlier on MCS will be prioritized.
2️⃣ Traders who use unfair methods or engage in behaviors that interfere with the smooth operation of the event are not eligible for the prize.
3️⃣ Only traders who have deposited 0.01 BTC will be eligible to participate in this event
4️⃣ This competition is organized and run by MCS, and the final interpretation of the event is on the MCS. Some conditions can possibly be changed and canceled depending on the circumstances.





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25  Economy / Service Announcements / Re: [ANN] ⭐MCS - Bitcoin Derivatives Exchange Now Open⭐($5 Welcome Bonus) on: September 18, 2020, 07:51:52 AM
MCS | THE FIRST OF MCS COLORFUL QUANTO "KLAY" IS HERE!


 The first of MCS Colorful Quanto, KLAY of Klaytn, was launched on the MCS cryptocurrency derivatives trading platform yesterday!⭐️




WHAT ARE KLAYTN AND KLAY

Klaytn is a public blockchain platform developed by Ground X, a subsidiary of Kakao Corporation. Klaytn provides an easy and user-friendly environment for development in order to verify the value and usefulness of blockchain technology by providing blockchain services for mass adoption. The native currency of the Klaytn blockchain is KLAY.

Klaytn Official Website: https://www.klaytn.com/
Klaytn Twitter: https://twitter.com/klaytn_official
Klaytn Position Paper: https://www.klaytn.com/Klaytn_PositionPaper_V2.1.0.pdf
Klaytn Token Economy & Governance Paper Paper: https://www.klaytn.com/Klaytn_Token_Economics_and_Governance_Paper_V1.01.pdf
MCS | Klaytn Report: https://drive.google.com/file/d/1DHddf7QA4jfkTFAXoF5QbNaZF0nb_68l/view?usp=sharing



WHAT IS THE KLAY QUANTO CONTRACT?

A quanto contract refers to a derivative instrument that is settled as another asset instead of either the base currency or the counter currency in the trading pair. MCS's first quanto product, KLAY/USDT Futures, is settled in BTC with a BTC margin, not in its base currency USDT or its counter currency KLAY.


KLAY QUANTO FUTURES

Contract Dates: September 17, 2020 @7:00 AM ~ October 16, 2020 @6:00 AM UTC
KLAY Quanto Futures Contract Details: https://help.mycoinstory.com/hc/en-us/sections/900000392263-Futures-Contract

For inquiries about KLAY Quanto product, please contact us via the MCS Live Chat or the official MCS Telegram.





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26  Economy / Service Announcements / Re: [ANN] ⭐MCS - Bitcoin Derivatives Exchange Now Open⭐($10 Welcome Bonus) on: July 04, 2020, 04:46:25 AM
June Monthly Recap





Dear Valued MyCoinStory Traders,

June was a very big month for MyCoinStory as we first stepped foot into the industry with the official launch.


ABSTRACT

1️⃣Official Launch on 15th of June
2️⃣ Over 3000 Registrations, 30m USDT Volume!
3️⃣ Leverage scaled to 50x
4️⃣ Maker and Taker Fee Event (Live Now!)
5️⃣ Satisfactory 24/7 Customer Support
6️⃣ MyCoinStory in the Community

After a successful testnet launch and mock trading competition, a triumphant production launch was made thanks to all the feedback and support given by our valuable traders. The MyCoinStory team is a trader-centric and growth-oriented, always looking for ways to make our traders' experiences better.


⭐️ OVER 3000 REGISTRATIONS, 30M USDT VOLUME!    





With much support from pre-production and early-bird registration, we are proud to announce that over 3000 Traders registered on MyCoinStory. We would like to thank each and every trader who have joined and showed your love and support to our exchange. Thanks to all our traders, we were able to achieve a biweekly trading volume of 30 million USDT!



⭐️ LEVERAGE SCALED TO 50X    





The maximum leverage on MyCoinStory has boosted from 20x to 50x on BTC/USDT Perpetual Contracts as of 29th of June! Traders can now trade with higher leverage, however, all traders should keep in mind that trading with higher leverage exposes you to greater risk and therefore have to manage risk with extended care. Leverage up to 100x will be available in the near future.



⭐️ MAKER AND TAKER FEE EVENT (6.29 ~ 7.13)    





A Maker and Taker Fee Event is live now where TOP 3 traders on Maker and TOP 3 traders Taker with highest volume will receive a whopping -0.035% Maker and 0.045% Taker fees for a lifetime! On top of that, the 6 traders will be receiving a BTC bonus with a prize pool of 0.12 BTC! You can find more info here. During the event period, we have enchanted the maker fees so that ⭐️ALL our traders can receive -0.035% maker rebates for the 2 weeks!⭐️



⭐️ SATISFACTORY 24/7 LIVE SUPPORT    

The MyCoinStory Support Team have achieved a 98% satisfactory level to the traders who have reached out to us via live support. MyCoinStory has been serving our traders with 24/7 customer support in English, Korean and Chinese. Additional languages will be covered in the future! Let us know what language we should cover next through our live chat!



⭐️ MYCOINSTORY IN THE COMMUNITY    

Crunchbase

Cryptoslate

Crypto Browser

Fandom

Cryptowisser




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27  Economy / Service Announcements / Re: [ANN] ⭐MCS - Bitcoin Derivatives Exchange Now Open⭐($10 Welcome Bonus) on: July 03, 2020, 08:20:51 AM
140% on Maker Rebates for 2 WEEKS!




MCS is holding a ⭐️ 140% Upgrade in Maker Rebate Event⭐️ in celebrating the official launch!


To return our gratitude for traders that have shown consistent support and interest from MCS TestNet to the present state, we will be holding a 140% Upgrade in MCS Maker Rebate Event.






MCS LAUNCH CELEBRATION : MCS MAKER REBATE UPGRADE EVENT    

1. MAKER REBATE UPGRADE BY 140%

During the event, maker rebate for BTC/USDT perpetual contracts will upgrade from -0.025% to -0.035%, a ⭐️140% increase⭐️.

    

What is a maker order?

It is a bid order placed by a trader at a certain price that doesn't get matched immediately.

    

Ex) When a BTC/USDT perpetual contract is placed at 10,000USDT, the condition below satisfies a maker order.

      

When a short position at 10,000.5USDT doesn't get matched straight away and the remaining volume for 10,000.5USDT gets accumulated in the orderbook.
When a long position at 9999.5USDT doesn't get matched straight away and the remaining volume for 9999.5USDT gets accumulated in the orderbook.
    

*A maker order is a bid price that gets listed on the orderbook including examples described above.





Event Details    


⭐️ Event Period : June 29, 2020 at 3:00AM (UTC) ~ July 13, 2020 at 3:00AM (UTC)

⭐️ Product Subjected to Trading Fee Upgrade : BTC/USDT perpetual contracts



IMPORTANT NOTE


1️⃣Traders using MCS on June 29, 2020 are required to refresh the page after 3AM (UTC)  in order for the maker rebate modification to come to effect.

2️⃣Maker rebate can be checked on the available account once the maker order settles.

3️⃣MCS holds the right to interpret the event to its entirety, wherein changes and cancellations may occur.






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28  Economy / Service Announcements / Re: [ANN] ⭐MCS - Bitcoin Derivatives Exchange Now Open⭐($10 Welcome Bonus) on: July 03, 2020, 08:18:45 AM
Lifetime Trading Fee Discounts!




MCS is holding a ⭐️ MCS Trading Fee Upgrade Event ⭐️ in celebrating the official launch!


The MCS Trading Fee Upgrade Event will be focused on maker and taker volume, a once in a blue moon opportunity for competition winners, offering the ultimate trading fee rate applied for a 👉 lifetime👈 !






Event Details    


🔸 Event Period : June 29, 2020 at 3:00AM (UTC) ~ July 13, 2020 at 3:00AM (UTC)

🔸 Product Subjected to Trading Fee Upgrade : MCS BTC/USDT perpetual contracts



🔥 MAKER VOLUME    

Contestants with the top 3 cumulative maker volume during the event will earn access to a shocking lifetime's worth of maker fee rebate deal outlined below.


BENEFITS FOR TOP 3 CONTESTANTS WITH THE HIGHEST MAKER VOLUME



🥇 1st Place: Maker fee -0.035% for a lifetime + 0.03BTC bonus

🥈 2nd Place: Maker fee -0.03% for a lifetime + 0.02BTC bonus

🥉 3rd Place: Maker fee -0.0275% for a lifetime + 0.01BTC bonus



MAKER VOLUME RANKING METHOD


After aggregating all the maker orders settled during the event, the top 3 traders with the highest number of cumulative contract settlements towards the end point will be placed on the finalists' list.
    

💡 What is a maker order?

👉 It is a bid order placed by a trader at a certain price that doesn't get matched immediately.

    

Ex) When a BTC/USDT perpetual contract is placed at 10,000USDT, the condition below satisfies a maker order.

      

When a short position at 10,000.5USDT doesn't get matched straight away and the remaining volume for 10,000.5USDT gets accumulated in the orderbook.
When a long position at 9999.5USDT doesn't get matched straight away and the remaining volume for 9999.5USDT gets accumulated in the orderbook.
    

*A maker order is a bid price that gets listed on the orderbook including examples described above.






🔥 TAKER VOLUME    

Contestants with the top 3 cumulative taker volume during the event will earn access to a shocking lifetime's worth of taker fee rebate outlined below.


BENEFITS FOR TOP 3 CONTESTANTS WITH THE HIGHEST TAKER VOLUME



🥇 1st Place: Taker fee 0.045% for a lifetime + 0.03BTC bonus

🥈 2nd Place: Taker fee 0.045% for a lifetime + 0.02BTC bonus

🥉 3rd Place: Taker fee 0.045% for a lifetime + 0.01BTC bonus



TAKER VOLUME RANKING METHOD


After aggregating all the maker orders settled during the event, the top 3 traders with the highest number of cumulative contract settlements towards the end point will be placed on the finalists' list.
    

💡 What is a taker order?


👉 It is a bid order placed by a trader at a certain price that gets matched immediately.




IMPORTANT NOTE


1️⃣ Anyone can participate in the competition without signing up.

2️⃣ When the cumulative maker volume is the same amongst traders, the trader with more taker volume will be considered at a higher priority.

3️⃣ When the cumulative taker volume is the same amongst traders, the trader with more maker volume will be considered at a higher priority.

4️⃣ Contestant winners' taker fee benefit and maker rebate benefit is only applicable for BTC/USDT perpetual contracts.

5️⃣  Contestants that were previously chosen as MCS's honorary testers in receiving 0.045% taker fee benefit will only be receiving the bonus when winning the competition.

6️⃣  MCS will announce real-time ranking on MCS Telegram Account every day at 3AM (UTC).

7️⃣ Recipient announcement is to be made on July 14, 2020, the same day in which both the benefit and the bonus will be distributed.

8️⃣ The bonus rewarded can be used as a form of a margin and will also be used firsthand for trading fees and expense loss.

9️⃣ The profit made from the margin can be withdrawn. However, once the profit is withdrawn from the account, the entire given bonus will be dropped.

🔟 MCS holds the right to interpret the competition to its entirety, wherein changes and cancellations may occur.






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29  Economy / Service Announcements / Re: [GRAND OPENING] ⭐MCS - Bitcoin Derivatives Exchange Now Open⭐($10 Welcome Bonus) on: July 03, 2020, 08:16:41 AM

Until Dyson's cyclone cleaner came into our lives, emptying the dust bag and replacing it with a new one was unquestionably accepted as a norm. Not questioning why things are done the way it is now and not searching for a better alternative is the same as eliminating the possibility of innovation that can lead to a better way.

Peter Ferdinand Drucker, the father of management thinking, defines innovation in a similar context. He describes it as 'a behavior that changes the value and satisfaction of consumers', which should also be preceded by throwing a question mark in the existing 'value' or 'norm'. MyCoinStory (MCS) has questioned the things that are taken for granted in existing cryptocurrency derivative exchanges and devised a way for everyone to have financial freedom through trading.

MCS Thought 1. Wouldn't it be more efficient to manage asset risk by having positions in both directions under one account?

MCS SOLUTION 1. MCS IMPLEMENTED THE "MULTI-POSITION" SYSTEM WHICH ALLOWS TRADERS TO HAVE THREE POSITIONS AT ONCE.





This allows traders to hedge against different strategies in one account. By generating different returns on two opposite positions for the same quantity and operating an additional single position at the same time, traders can use three times more trading techniques than before. This will upgrade one's trading skills and allow hedging more strategically.


MCS Thought 2. Why use the unstable USD for a quote currency?

MCS SOLUTION 2. MCS USES THE USDT AS A QUOTE CURRENCY TO PREVENT POTENTIAL DISBENEFITS THAT MAY ARISE FROM RAPID PRICE FLUCTUATIONS.





There are not many exchanges that handle BTC/USD trading pair or have abundant liquidity in the current cryptocurrency exchange market. This limits the number of exchanges to refer to in calculating the mark price which is highly relevant to traders' profits. If a problem arises on one of the referred exchanges, it is likely that an 'inadequate' mark price will be formed that will damage traders. However, MCS uses BTC/USDT trading pair to protect traders from this event.

These 'MCS's Better Ways' mentioned above are not the results of coincidences like the accidental connection of fragile filaments made the illumination. Every member at MCS has 'personally' traded on various existing exchanges, asked questions in every area, and tried to come up with a better way. Some may have taken it for granted, but MCS certainly did not miss the details, creating the unique value of MCS.

MCS will look at every aspect from the perspective of traders, will continue to provide traders a better trading environment through analysis and systematic approach, and forever progress for the "best".





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30  Economy / Exchanges / Re: [ANN] MyCoinStory.com Global Crypto Derivatives Exchange on: July 03, 2020, 08:13:20 AM

Until Dyson's cyclone cleaner came into our lives, emptying the dust bag and replacing it with a new one was unquestionably accepted as a norm. Not questioning why things are done the way it is now and not searching for a better alternative is the same as eliminating the possibility of innovation that can lead to a better way.

Peter Ferdinand Drucker, the father of management thinking, defines innovation in a similar context. He describes it as 'a behavior that changes the value and satisfaction of consumers', which should also be preceded by throwing a question mark in the existing 'value' or 'norm'. MyCoinStory (MCS) has questioned the things that are taken for granted in existing cryptocurrency derivative exchanges and devised a way for everyone to have financial freedom through trading.

MCS Thought 1. Wouldn't it be more efficient to manage asset risk by having positions in both directions under one account?

MCS SOLUTION 1. MCS IMPLEMENTED THE "MULTI-POSITION" SYSTEM WHICH ALLOWS TRADERS TO HAVE THREE POSITIONS AT ONCE.





This allows traders to hedge against different strategies in one account. By generating different returns on two opposite positions for the same quantity and operating an additional single position at the same time, traders can use three times more trading techniques than before. This will upgrade one's trading skills and allow hedging more strategically.


MCS Thought 2. Why use the unstable USD for a quote currency?

MCS SOLUTION 2. MCS USES THE USDT AS A QUOTE CURRENCY TO PREVENT POTENTIAL DISBENEFITS THAT MAY ARISE FROM RAPID PRICE FLUCTUATIONS.





There are not many exchanges that handle BTC/USD trading pair or have abundant liquidity in the current cryptocurrency exchange market. This limits the number of exchanges to refer to in calculating the mark price which is highly relevant to traders' profits. If a problem arises on one of the referred exchanges, it is likely that an 'inadequate' mark price will be formed that will damage traders. However, MCS uses BTC/USDT trading pair to protect traders from this event.

These 'MCS's Better Ways' mentioned above are not the results of coincidences like the accidental connection of fragile filaments made the illumination. Every member at MCS has 'personally' traded on various existing exchanges, asked questions in every area, and tried to come up with a better way. Some may have taken it for granted, but MCS certainly did not miss the details, creating the unique value of MCS.

MCS will look at every aspect from the perspective of traders, will continue to provide traders a better trading environment through analysis and systematic approach, and forever progress for the "best".





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31  Economy / Service Announcements / [Event] 140% on Maker Rebates for 2 WEEKS! on: June 29, 2020, 06:12:54 AM
140% on Maker Rebates for 2 WEEKS!




MCS is holding a ⭐️ 140% Upgrade in Maker Rebate Event⭐️ in celebrating the official launch!


To return our gratitude for traders that have shown consistent support and interest from MCS TestNet to the present state, we will be holding a 140% Upgrade in MCS Maker Rebate Event.






MCS LAUNCH CELEBRATION : MCS MAKER REBATE UPGRADE EVENT    

1. MAKER REBATE UPGRADE BY 140%

During the event, maker rebate for BTC/USDT perpetual contracts will upgrade from -0.025% to -0.035%, a ⭐️140% increase⭐️.

    

What is a maker order?

It is a bid order placed by a trader at a certain price that doesn't get matched immediately.

    

Ex) When a BTC/USDT perpetual contract is placed at 10,000USDT, the condition below satisfies a maker order.

      

When a short position at 10,000.5USDT doesn't get matched straight away and the remaining volume for 10,000.5USDT gets accumulated in the orderbook.
When a long position at 9999.5USDT doesn't get matched straight away and the remaining volume for 9999.5USDT gets accumulated in the orderbook.
    

*A maker order is a bid price that gets listed on the orderbook including examples described above.





Event Details    


⭐️ Event Period : June 29, 2020 at 3:00AM (UTC) ~ July 13, 2020 at 3:00AM (UTC)

⭐️ Product Subjected to Trading Fee Upgrade : BTC/USDT perpetual contracts



IMPORTANT NOTE


1️⃣Traders using MCS on June 29, 2020 are required to refresh the page after 3AM (UTC)  in order for the maker rebate modification to come to effect.

2️⃣Maker rebate can be checked on the available account once the maker order settles.

3️⃣MCS holds the right to interpret the event to its entirety, wherein changes and cancellations may occur.






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32  Economy / Service Announcements / [EVENT] Lifetime Trading Fee Discount Event! on: June 29, 2020, 05:53:43 AM
Lifetime Trading Fee Discounts!




MCS is holding a ⭐️ MCS Trading Fee Upgrade Event ⭐️ in celebrating the official launch!


The MCS Trading Fee Upgrade Event will be focused on maker and taker volume, a once in a blue moon opportunity for competition winners, offering the ultimate trading fee rate applied for a 👉 lifetime👈 !






Event Details    


🔸 Event Period : June 29, 2020 at 3:00AM (UTC) ~ July 13, 2020 at 3:00AM (UTC)

🔸 Product Subjected to Trading Fee Upgrade : MCS BTC/USDT perpetual contracts



🔥 MAKER VOLUME    

Contestants with the top 3 cumulative maker volume during the event will earn access to a shocking lifetime's worth of maker fee rebate deal outlined below.


BENEFITS FOR TOP 3 CONTESTANTS WITH THE HIGHEST MAKER VOLUME



🥇 1st Place: Maker fee -0.035% for a lifetime + 0.03BTC bonus

🥈 2nd Place: Maker fee -0.03% for a lifetime + 0.02BTC bonus

🥉 3rd Place: Maker fee -0.0275% for a lifetime + 0.01BTC bonus



MAKER VOLUME RANKING METHOD


After aggregating all the maker orders settled during the event, the top 3 traders with the highest number of cumulative contract settlements towards the end point will be placed on the finalists' list.
    

💡 What is a maker order?

👉 It is a bid order placed by a trader at a certain price that doesn't get matched immediately.

    

Ex) When a BTC/USDT perpetual contract is placed at 10,000USDT, the condition below satisfies a maker order.

      

When a short position at 10,000.5USDT doesn't get matched straight away and the remaining volume for 10,000.5USDT gets accumulated in the orderbook.
When a long position at 9999.5USDT doesn't get matched straight away and the remaining volume for 9999.5USDT gets accumulated in the orderbook.
    

*A maker order is a bid price that gets listed on the orderbook including examples described above.






🔥 TAKER VOLUME    

Contestants with the top 3 cumulative taker volume during the event will earn access to a shocking lifetime's worth of taker fee rebate outlined below.


BENEFITS FOR TOP 3 CONTESTANTS WITH THE HIGHEST TAKER VOLUME



🥇 1st Place: Taker fee 0.045% for a lifetime + 0.03BTC bonus

🥈 2nd Place: Taker fee 0.045% for a lifetime + 0.02BTC bonus

🥉 3rd Place: Taker fee 0.045% for a lifetime + 0.01BTC bonus



TAKER VOLUME RANKING METHOD


After aggregating all the maker orders settled during the event, the top 3 traders with the highest number of cumulative contract settlements towards the end point will be placed on the finalists' list.
    

💡 What is a taker order?


👉 It is a bid order placed by a trader at a certain price that gets matched immediately.




IMPORTANT NOTE


1️⃣ Anyone can participate in the competition without signing up.

2️⃣ When the cumulative maker volume is the same amongst traders, the trader with more taker volume will be considered at a higher priority.

3️⃣ When the cumulative taker volume is the same amongst traders, the trader with more maker volume will be considered at a higher priority.

4️⃣ Contestant winners' taker fee benefit and maker rebate benefit is only applicable for BTC/USDT perpetual contracts.

5️⃣  Contestants that were previously chosen as MCS's honorary testers in receiving 0.045% taker fee benefit will only be receiving the bonus when winning the competition.

6️⃣  MCS will announce real-time ranking on MCS Telegram Account every day at 3AM (UTC).

7️⃣ Recipient announcement is to be made on July 14, 2020, the same day in which both the benefit and the bonus will be distributed.

8️⃣ The bonus rewarded can be used as a form of a margin and will also be used firsthand for trading fees and expense loss.

9️⃣ The profit made from the margin can be withdrawn. However, once the profit is withdrawn from the account, the entire given bonus will be dropped.

🔟 MCS holds the right to interpret the competition to its entirety, wherein changes and cancellations may occur.






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33  Economy / Service Announcements / [ANN] ⭐MCS - The Trader-Centric Derivatives Exchange⭐($10 Welcome Bonus) on: June 19, 2020, 06:14:50 AM
MCS GRAND OPENING

The most trustworthy and friendly crypto derivatives exchange is now open!


 150x leverage ⭐  24/7 Live Local Support  ⭐  250,000 Transactions Per Second ⭐ $10 Welcome Bonus  

MCS.io






Join MCS NOW and don't miss the opportunity to get your welcome bonus!







ABOUT MCS
   


MCS (https://mcs.io) is a Cryptocurrency Derivatives Trading Platform established in February 2020 registered in Seychelles with Headquarters in Singapore. MCS provides a robust trading experience for traders with our financial enterprise-grade systems. MCS strongly stands by the values of being 'Trader Centric' to ensure all of our customers can experience being professional traders. With the vision of expanding beyond cryptocurrency trading and growing into an investment bank, we aim to provide quality financial services at each touch-point with our traders from the beginning to successfully draw out our future.

MCS has a team of financial engineers that analyze financial data on both macro and micro levels to develop various cryptocurrency derivatives products.[/size]



SECURE - TRUSTWORTHY SYSTEM    


MCS is equipped with the highest level of technology and security to remove any possible risks.

1. Financial Enterprise-Grade IT Infrastructure    

MCS boasts an industry-leading matching engine that processes over 250,000 transactions per second (TPS) and removes overload by splitting engine modules for different purposes.
    

2. Security as Top Priority

MCS protects and securely manages assets with the world's leading digital asset storage and custodial BitGo. 100% of our traders' assets are stored in a multi-signature cold wallet to ensure security.
    

3. Financial Institution-Grade Information Security

All trader information is thoroughly encrypted and managed under a financial institution-level information security system.


4. 24/7 Monitoring

The monitoring team supervises the system 24/7 and responds directly as soon as any threats or issues are discovered.[/size]



MCS TRADING ENVIRONMENT OPTIMIZED FOR TRADERS    


MCS is ALWAYS focused on building a 'Trader Centric' exchange system.

1. Transparent and Fair Mark Price using USDT

MCS uses USDT due to its high liquidity in the cryptocurrency market. With the aim to provide a fair exchange, MCS utilizes 7 exchanges as a reference to setting the mark price of the exchange.    


2. 24/7 Multi-Language Support

We provide 100% localized English, Chinese, and Korean customer support 24 hours a day. Traders can experience the best customer support service whenever it is needed.    

3. The way the trader wants - widget-based UI

Traders can customize the exchange according to their needs. All the widgets can be moved, reshaped, and removed to match the tastes of each and every trader on MCS.



4. Various Widgets

In addition to the basic trading widgets, MCS has built a trader-centric trading environment by developing widgets that help set trading strategies.[/size]





FEATURES ONLY AVAILABLE ON MCS

- Multi-Position
- Covesting
- Shadow Trading


These are unique features only available on MCS!

Coming to you SOON!




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34  Economy / Services / [MCS] QUESTION NORMS FOR THE BEST on: May 19, 2020, 07:25:29 AM

Until Dyson's cyclone cleaner came into our lives, emptying the dust bag and replacing it with a new one was unquestionably accepted as a norm. Not questioning why things are done the way it is now and not searching for a better alternative is the same as eliminating the possibility of innovation that can lead to a better way.

Peter Ferdinand Drucker, the father of management thinking, defines innovation in a similar context. He describes it as 'a behavior that changes the value and satisfaction of consumers', which should also be preceded by throwing a question mark in the existing 'value' or 'norm'. MyCoinStory (MCS) has questioned the things that are taken for granted in existing cryptocurrency derivative exchanges and devised a way for everyone to have financial freedom through trading.

MCS Thought 1. Wouldn't it be more efficient to manage asset risk by having positions in both directions under one account?

MCS SOLUTION 1. MCS IMPLEMENTED THE "MULTI-POSITION" SYSTEM WHICH ALLOWS TRADERS TO HAVE THREE POSITIONS AT ONCE.





This allows traders to hedge against different strategies in one account. By generating different returns on two opposite positions for the same quantity and operating an additional single position at the same time, traders can use three times more trading techniques than before. This will upgrade one's trading skills and allow hedging more strategically.


MCS Thought 2. Why use the unstable USD for a quote currency?

MCS SOLUTION 2. MCS USES THE USDT AS A QUOTE CURRENCY TO PREVENT POTENTIAL DISBENEFITS THAT MAY ARISE FROM RAPID PRICE FLUCTUATIONS.





There are not many exchanges that handle BTC/USD trading pair or have abundant liquidity in the current cryptocurrency exchange market. This limits the number of exchanges to refer to in calculating the mark price which is highly relevant to traders' profits. If a problem arises on one of the referred exchanges, it is likely that an 'inadequate' mark price will be formed that will damage traders. However, MCS uses BTC/USDT trading pair to protect traders from this event.

These 'MCS's Better Ways' mentioned above are not the results of coincidences like the accidental connection of fragile filaments made the illumination. Every member at MCS has 'personally' traded on various existing exchanges, asked questions in every area, and tried to come up with a better way. Some may have taken it for granted, but MCS certainly did not miss the details, creating the unique value of MCS.

MCS will look at every aspect from the perspective of traders, will continue to provide traders a better trading environment through analysis and systematic approach, and forever progress for the "best".





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35  Economy / Exchanges / [ANN] MyCoinStory.com Global Crypto Derivatives Exchange on: April 21, 2020, 07:57:44 AM

Company Overview

MCS(http://mycoinstory.com/) is a global cryptocurrency derivatives trading platform created by talented people from large exchanges and securities companies such as CoinOne and Bithumb. Together with a team of experts, MCS has built a reliable trading environment for traders, including financial-class IT systems, multilingual online customer support, and partnership with the industry-leading security firm, BitGo.

#Be_a_Trader is a slogan of MCS, and they are planning to give everyone a real ‘trading’ experience.



GRAND OPENING



Join MCS NOW and don't miss the opportunity to get your welcome bonus!




Trade with x100 Leverage


Traders can enjoy perpetual contracts trading with x100 leverage in MCS trading platform. A perpetual contract, which has the highest trading volume in the cryptocurrency market, allows traders to capitalize on the rise and fall of asset prices. Therefore traders can profit even in the bear market while at the same time use leverage to control a larger amount of equity in the market.





Trade without Expiry Date nor Settlement


In contrast to spot trading, perpetual contracts do not need to consider rollover costs and has the advantage of traders being able to manage their funds with flexibility.





Traders ALWAYS come first on MCS


❏ Use BTC/USDT Trading Pair to Protect Traders



MCS uses BTC/USDT as a quote currency to protect traders from unnecessary liquidations from systematic errors. Many exchanges in the market currently adopt the BTC/USD trading pair, however, since there are only a limited number of exchanges that handle the BTC/USD trading pair, the lack of liquidity and reference points lead to an increased likelihood of resulting in liquidations from systematic errors. However, MCS protects traders from these kinds of circumstances.


❏ Localized CS Team
MCS provides 100% localized customer support with KR, EN, CN. Experience our outstanding CS in the most comfortable language!








Be a REAL trader with Innovative Functions of MCS


Traders can apply various strategies with features like the “Multi-position”, and "Hidden Order" developed by MCS.



❏ Multi-position


Multi-position function allows traders to manage three positions in one account at once. This unique asset management function shares one order bookkeeping the liquidity of the multiple positions in one place providing a robust trading experience. This function expands the horizon from having one or two positions to being able to manage a total of three different positions at the same time. With this, traders can diversify their trading strategies through hedging and speculating with different leverage for each position.



❏ Hidden Order

Traders can use the hidden order, which is implemented by actively reflecting the voices of traders who do not want to disclose their order status.

Dream your better life with MCS. We will do what MCS does best to help you along your journey.
Anyone can be a trader at MCS.
#Be_a_Trader, MCS




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36  Economy / Trading Discussion / Where should I trade Perpetual Swaps? on: April 20, 2020, 09:36:31 AM
Recently there have been many futures or perpetual swap exchanges that came to life.

Also with the Bitmex issue, I'm looking for a stable and well functioning perpetual exchange to settle with.

Shoot me with some of your thoughts!
37  Economy / Exchanges / [EVENT] WIN 6000 USDT!! MCS BTC/USDT PERPETUAL MOCK TRADING COMPETITION on: April 19, 2020, 06:02:24 AM

Cryptocurrency Derivatives Exchange

Trade Bitcoins With Leverage
100x  BTCUSDT

Hello from MCS.


Who can Participate?
ANY MCS TRADER!

Competition Period
⏰April 20th, 2020 03:00(UTC) ~ May 11th , 2020 at 03:00(UTC)

How to Participate
After signing up for the MCS TestNet during <MCS BTC/USDT Perpetual Mock Trading Competition>, the trader will receive 10BTC, and will be eligible for the competition.
*Those who have signed up for MCS TestNet before the start of the <MCS BTC/USDT Perpetual Mock Trading Competition> are NOT eligible to participate in the competition. If you are already registered, you are required to sign up with a new e-mail address.

Make the highest profit by trading BTC/USDT perpetual contracts. Winner prizes will go to the top 10 traders with the highest profit rate by the end of the competition.


PRIZE POOL
  • 1st: 2,400 USDT worth BTC bonus
  • 2nd: 1,500 USDT worth BTC bonus
  • 3rd: 1,000 USDT worth BTC bonus
  • 4th: 500 USDT worth BTC bonus
  • 5th: 350 USDT worth BTC bonus
  • 6th ~ 10th: 50 USDT worth BTC bonus


WINNER ANNOUNCEMENT AND REWARD DISTRIBUTION SCHEDULE
  • Winner Announcement: May 11th, 2020 at 09:00 (UTC)
  • Reward Distribution Schedule: May 20th, 2020
  • Rewards will be distributed to MCS MainNet accounts.
  • The BTC value snapshot on the Binance Futures Mark Price on May 20th, 2020 at 00:00 (UTC)


NOTE

1️⃣ Those who have signed up for MCS TestNet before starting the <MCS BTC/USDT Perpetual Mock Trading Competition> are NOT eligible to participate in the competition. If you are already registered, you are required to sign up with a new e-mail.

2️⃣ Traders can use distributed 10BTC on MCS TestNet after the competition, however, withdrawals are restricted.

3️⃣ Participants, who violate the rule during the competition, will be excluded from the ranking.

4️⃣ If traders who have the same profit rate, the priority will give to one who has signed up earlier.

5️⃣ The rewards will be distributed to MCS MainNet accounts. All winners should sign up to the MainNet during the early bird registration period with the same e-mail as your TestNet account to receive your award.

6️⃣ The BTC bonus can be used as margins, and the bonus will be used first as a fee or contract loss.

7️⃣ Trader can withdraw the total amount of profits gained by bonus, but after withdrawing the profits, all the bonus given to the account will be expired.

8️⃣ This competition is organized and run by MCS, and the final interpretation of the event is on the MCS. Some conditions can possibly be changed and canceled depending on the circumstances.


Partnerships
Request details at partner@mycoinstory.com

38  Economy / Trading Discussion / Anyone Interested in Mock Trading Competitions? (Prize 6,000 USDT) on: April 15, 2020, 06:30:40 AM
A new exchange MyCoinStory.com is launching and is holding a Bug Bounty and Mock Trading Competition

A total prizepool (both events) of 6,000 USDT are up for grabs.

Website: https://mycoinstory.com
More Info: https://blog.mycoinstory.com/bug-report-award-en/

Let me know down below whether you think you can win the prize
39  Economy / Trading Discussion / Re: Any good KYCless exchange ? on: April 15, 2020, 05:23:50 AM
Hello!

MyCoinStory - a KYCless Bitcoin Derivatives Exchange will be opening soon!

In the meantime, we are currently holding a bug bounty and mock trading competition event with a total prizepool of 3,000 USDT in BTC Bonuses!

Check out more here
https://mycoinstory.com
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