Last night, Bitcoin made a false breakout again, and my short position was stopped out. Shorting in this circle is really hellish—fees are annoying, and just a small position can wipe out your funds.


Today, I saw someone discussing RateX in the group, and I suddenly think their V2 idea is brilliant. They are about to launch a token for shorting, which basically turns a short position into spot. I’m bearish, so I can just buy this short token—no matter how many times the price hits the stop, or how long I hold, I won’t face forced liquidation.
For people like us who prefer left-side top-tailing trades, this is like holding a golden ticket to avoid death. With this zero-liquidation mechanism, I can’t wait to try out the new features once they go live. By the way, I checked out their token RTX—staking can even earn platform fees. The entire economic model seems well-designed, worth everyone’s time to read the documentation.
OKX search $RTX :
@RateX_Dex #RateX #RTX
BTC-4,24%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin