PancakeSwap Unleashes Apple, Amazon, Tesla On-Chain Perpetuals
Main Idea
PancakeSwap has launched on-chain perpetuals for major U.S. stocks like Apple, Amazon, and Tesla on the BNB Chain, enabling decentralized trading with up to 25x leverage during U.S. market hours.
Key Points
1. PancakeSwap introduced perpetual contracts for Apple (AAPL), Amazon (AMZN), and Tesla (TSLA) stocks, allowing decentralized trading via crypto wallets on BNB Chain.
2. The offering includes up to 25x leverage, though traders are advised to use caution due to the high risk involved.
3. Trading is available only during U.S. market hours to align with traditional stock market operations.
4. Benefits include self-custody of funds, reduced counterparty risk, and blockchain-based transparency for all trades.
5. This move highlights the expansion of decentralized finance (DeFi) platforms into traditional financial assets, bridging the gap between crypto and stock markets.
Description
BitcoinWorld PancakeSwap Unleashes Apple, Amazon, Tesla On-Chain Perpetuals The world of decentralized finance just got a whole lot more interesting! PancakeSwap perpetuals are here, bringing a groundbreaking opportunity for crypto enthusiasts. This popular decentralized exchange (DEX) recently announced the launch of on-chain perpetuals for major U.S. stocks: Apple (AAPL), Amazon (AMZN), and Tesla (TSLA). This development allows users to engage in decentralized trading of these well-known equit...
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