Dear Coincall Users,
To actively meet user trading demands, Coincall will list one new spot trading pair in the spot market on 2024-12-13, 05:00:00 (UTC).
Details are as follows:
- Asset to be Listed: AUSD
- Trading Pair Available: AUSD/USDT
- AUSD Deposit Opening Time: 2024-12-13, 05:00:00 (UTC)
- AUSD Withdrawal Opening Time: 2024-12-13, 06:00:00 (UTC)
You can start trading now.
AUSD is designed to be a secure digital currency, utilizing one of the world’s largest custodian banks to safeguard assets. AUSD enables users to participate in trading, lending and payments. It is the most cost-efficient stablecoin to transact with due to its gas-optimized smart contract, making it ideal for traders and payments.
This partnership not only enhances the trading experience but also introduces innovative financial benefits for Coincall traders.
Unlocking New Opportunities with AUSD
With Coincall’s integration of AUSD, users gain access to a collateral option that offers:
• Transparency and Credibility: With assets custodied by State Street and audited by PwC, AUSD offers unparalleled transparency and trust.
• 24/7 Liquidity: AUSD can be redeemed at all times for its full notional value, ensuring seamless access to liquidity.
By introducing AUSD as a collateral option, traders on Coincall can now:
• Optimize Margins: Earn passive income on margin collateral, effectively reducing the cost of trading.
• Diversify Strategies: Utilize a stable, reliable asset to secure positions across Coincall’s extensive suite of derivatives products, including altcoin options and structured products.
• Trade with Confidence: Leverage AUSD’s robust collateral framework for increased security and peace of mind.
About Agora
Agora is building a digital payments platform built on blockchain-based rails to power the next generation of digital commerce. Agora’s first product is a fully reserved digital dollar (AUSD), redeemable 1:1 for US dollars. The assets backing the digital dollar will be held in a bankruptcy-remote reserve trust. These assets will be managed by VanEck in a private fund (The Agora Reserve Fund). State Street will be the cash custodian for the fund, and its administrator. The fund's portfolio will include cash, US treasuries, and overnight repo. PWC will be the auditor of the Fund. Agora will not custody customer assets or digital assets. Agora services will only be available to institutions who undergo comprehensive KYB/AML checks prior to on-boarding.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Coincall is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance and consult an independent financial adviser before making any investment. This material should not be construed as financial advice.
Thank you for choosing Coincall as your trusted exchange platform.
Sincerely,
The Coincall Team
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