BBD is live on CoinDeal!
Let’s welcome the new market!
BBD/BTC is live on CoinDeal! From now on, you can trade this market on our exchange.
BBD is the exchange token of BBOD (Blockchain Board of Derivatives). This is a non-custodial, multi-asset cryptocurrency derivatives trading platform. The purpose is to democratize trading to anyone by empowering our clients with direct market access to cryptocurrencies, indices, commodities, stocks, forex, treasuries, and ETFs.
They serve clients by allowing them to trade global financial markets on leverage, through listing perpetual and futures contracts with up to 50x leverage. With hundreds of instruments to trade, you will able to find opportunities in both rising and falling markets and create a diverse portfolio, increasing your potential trading opportunities.
BBD Token Utility:
Fee Discounts: Users pay reduced trading fees on the TUSD-settled futures market based on their BBD balance and daily trading volume. Staking tokens slows down the velocity of the coin and increases its value.
Trading competition: traders taking part in trading competitions need to buy BBD tokens, they will be rewarded in BBD tokens, they will have access to further levels by holding BBD tokens, etc.
Collateral: BBD is used as collateral for margined positions on the BBD-settled futures market (eg. BTC/BBD perpetual contract)