MCS, A Crypto Perpetual Contracts Trading Platform.

#Bitsand - Sandesh
9 min readNov 25, 2021

Hello Tribe!

Today we are going to talk about MCS (MyCoinStory) a Cryptocurrency Derivatives Trading Platform.

but before moving forward I want to clarify that actually I came to know about MCS from my close friend, so before starting Trading I started to collect more information about MCS and to be very frank after completing my research I am totally surprised to tell you that this project is really great and has a good potential in coming future, so I got into it more deeply and today I am here with this article to share my views about MCS with you because I personally think that we should register to MCS.io and start trading some % amount of our portfolio as it is full of great features & also have Super Bonus program, and yes this is my personal opinion and I am not a financial adviser, so please do your own research before investing.

So without getting late lets dive in and try to understand what exactly MCS is and what are its key features.

About MCS

MCS (MyCoinStory) is a Cryptocurrency Derivatives Trading Platform established in February 2020 registered in the Seychelles with Headquarters in Singapore and offices in South Korea and China. 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 a professional trader. 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.

According to the company profile the decision to launch the MyCoinStory platform was arrived at after the successful launch of the TestNet on April 13–2020. Since then, MCS has been gathering data on how to perfect the platform. The data came from the Bug Bounty program and a mock trading competition for BTC/USDT perpetual contracts that they had organized.

Even before the official launch, MCS had attracted the attention of traders in the crypto space. During the TestNet phase, traders from 73 nations globally took part in the mock trading competition. The trail set a record trading volume of $27 billion.

MCS concentrates on providing a diversified platform that caters to all users from retail traders to certified derivatives trading professionals world-wide.

With MCS, anyone can trade derivatives products without barriers to geography, knowledge, and technology. MCS want to give all our traders the power to trade like experts with inclusive trading support and sophisticated built-in trading systems to provide an amazing trading experience.

In this post, we will take an in-depth look at why you should use MCS (MyCoinStroy).

5 Reasons Why You Should Use MCS

1. The maintenance margin rate (MMR) of the BTC market is 0.35%!

While most futures exchanges have a maintenance margin ratio (MMR) of 0.5%, MCS’s Bitcoin (BTC) market maintenance margin ratio (MMR) is 0.35%. The maintenance margin is the minimum margin required to hold a position, and the lower MMR means the better liquidation price for a trader. With the industry’s lowest maintenance margin (MMR), MCS offers the most favorable environment for traders in Bitcoin (BTC) perpetual contracts.

2. All contract products use Bitcoin (BTC) as payment and settlement currency! (More Profit in Bull Market!)

In today’s Bitcoin (BTC) bull market, if the settlement is Bitcoin (BTC), it will bring higher returns to traders than contract products that use USDT as a means of settlement. It is purchasing contract products in Bitcoin (BTC). Even if the contract is sold (terminated), the proceeds are settled in Bitcoin (BTC). As the price of Bitcoin (BTC) rises, in addition to the profit earned from the existing contract, the increase in Bitcoin will also be gained as an additional profit. In addition to this, it is also a great way to increase the amount of Bitcoin (BTC) owned for those who want to hold Bitcoin (BTC) for a long time.

On the other hand, USDT-based derivatives, which have been in the spotlight as stable, have the disadvantage of not being able to earn additional profits from the increase in the Bitcoin (BTC) price, and traders have to endure the loss of the exchange rate due to the depreciation of the US dollar, which is expected to accelerate in the future.

As of December 1, 2020, MCS currently has 14 bitcoin (BTC) settlement derivatives, which is the second largest in the world.

3. We provide customer service (CS) on another level!

Under the slogan #Be_a_Trader, the professional staff promptly respond and resolve the many demands and issues of traders. MCS’s customer service experts communicating in various channels are not simply passing the incoming issues to other departments, but each one of them is a well-educated expert who can answer a trader’s questions. This is a very important factor when using exchanges, and the empathy ability of MCS CS experts and quick provision of solutions give a superb trading experience, unlike other exchanges.

4. MCS provides on-demand withdrawal!

When investing, there comes a time when withdrawals need to be made urgently. Unlike ordinary derivatives exchanges that grant withdrawal from once a day to three times a day at specified time slots, MCS proceeds the withdrawal requests in real-time for traders’ convenience.

5. Above all, MCS is a rapidly growing trader-centric exchange.

After its launch on June 15, 2020, it has been growing and reached 20th place on CoinGecko (as of November 30). We want to highlight the fact that it is reflecting the feedback of traders and is becoming a trading platform that suits the slogan of #Be_a_Trader by building a more favorable environment for traders.

MCS, Approved by Credible Platforms in the Cryptocurrency Industry.

Since its first launch on June 15th, MCS has been surprisingly recognized for its reliability and technological prowess by numerous cryptocurrency media in a short period of about 4 months. Today, we will look into few cryptocurrency data providing platforms that have verified MCS.

1.CoinGecko

MCS has been listed on the exchange segment of CoinGecko, the largest data delivery platform in the cryptocurrency industry. CoinGecko, which provides information on fair and transparent exchanges and cryptocurrency projects, allows one to check various transaction data of MCS in real-time.

https://www.coingecko.com/en/exchanges/mycoinstory

2. Coincodex

Coincodex is a cryptocurrency data providing platform that collects transaction data from more than 200 cryptocurrency exchanges around the world and provides real-time prices and historical charts for more than 5,000 cryptocurrencies. Just like CoinGecko, one can also check various transaction data of MCS in real-time in Coincodex.

https://coincodex.com/exchange/mycoinstory/

3. CryptoSlate

CryptoSlate is a platform for cryptocurrency researchers and blockchain enthusiasts. It provides various blockchain-related data such as industry news, cryptocurrency and exchange data, and company information. In particular, company information can only be registered through a strict verification process, and MCS has been proven credible by CryptoSlate and proudly listed in the CryptoSlate.

https://cryptoslate.com/companies/mycoinstory

4. Cryptowisser

Cryptowisser is the world’s biggest free cryptocurrency knowledge base that compares over 500 cryptocurrency exchanges, over 150 wallets, and over 1,500 cryptocurrencies. Currently, MCS has received positive reviews from traders and got a rating of 4.69 (out of 5) which is higher than other global exchanges.

https://www.cryptowisser.com/exchange/mycoinstory/

5. Coinhills

Coinhills is a cryptocurrency data analysis platform well known in Korea. It provides not only major industry news, but also data of cryptocurrency and cryptocurrency exchanges, and information related to ICO. One can also check the various transaction data of MCS in real-time.

MCS, Recognized by Famous Media in the World

Following the last post on the credible data providers that approved MCS in the cryptocurrency market, this post will look at what global cryptocurrency specialized media channels recognized MCS.

1. Bitcoin.com

Bitcoin.com is a comprehensive blockchain company founded by a famous blockchain investor and entrepreneur Roger Ver. Bitcoin.com News, a subsidiary of Bitcoin.com, is one of the largest cryptocurrency media companies in the cryptocurrency industry and reports all news on the blockchain and cryptocurrency. .

Meet MCS on Bitcoin.com: https://news.bitcoin.com/mcs-first-exchange-to-list-trons-sun-and-klaytns-klay-futures-contracts/

2. Coin Readers

Coin Readers is a blockchain specialized media that analyzes news on various technologies and trends that lead the 4th Industrial Revolution ecosystem through blockchain, and delivers them to the public quickly and accurately.

Meet MCS on Coin Readers: http://coinreaders.com/8712

3. Bitcoin Insider

Bitcoin Insider is one of the largest cryptocurrency media that provides cryptocurrency market data and reports related news.

Meet MCS on Bitcoin Insider: https://www.bitcoininsider.org/article/94355/mcs-first-exchange-list-trons-sun-and-klaytns-klay-futures-contracts

4. Yahoo Finance

Yahoo Finance is a media outlet that is part of the US Internet search engine, Yahoo. Yahoo Finance provides global financial quotes, news, and data, and is also known for its pro-blockchain attitude.

Meet MCS on Yahoo Finance: https://finance.yahoo.com/news/mcs-global-cryptocurrency-perpetual-contracts-110000829.html?guccounter=1

5. Visionary Financial

Visionary Financial is a global media founded in 2018. It provides the latest news around the world and is known for providing influential information with a focus on blockchain industry analysis.

Meet MCS on Visionary Financial: https://visionary-finance.com/news/MCS-A-Crypto-Perpetual-Contracts-Trading-Platform-Officially-Launches-Operations/

6. Finanzen.net

Finanzen.net is a media channel that provides global financial news, and data such as real-time financial asset prices and cryptocurrency prices to individual traders. It also provides exchange rates and Forex charts.

Meet MCS on Finanzen.net: https://www.finanzen.net/nachricht/aktien/mcs-a-global-cryptocurrency-perpetual-contracts-trading-platform-is-now-officially-launched-as-of-june-15-8976734

7. Digital Journal

Digital Journal is a global digital media network with contributors from all over the world. Global news is reported, and news articles of Digital Journals are posted on various platforms including its website, Facebook, and Twitter.

Meet MCS on Digital Journal: http://www.digitaljournal.com/pr/4713330

We have looked at the trusted global cryptocurrency media that introduced MCS. This clearly show that the MCS Cryptocurrency Derivatives Trading Platform, a new exchange that has only been launched for only 4 months, has already been recognized for its reliability and technology by numerous reputable institutions.

Airdrops & MCS Super Bonus program for its Community Members.

MCS Super Bonus program. It contains 3 levels and completing all levels give you the chance to win a total of 640 USDT and 15,500 MCS every month. Please note that all missions except the Welcome Bonus are based on the aggregated data starting from October 7th, 2021. please check the image below

MCS is evolving every day, and i will recommend you to do your research and try MCS Trading Platform this is the link to register https://mcs.io/register/0201c06c and get Super Bonus + MCS Token Airdrop Rewords. Join our Telegram Chanel https://t.me/MCSindia

Information contained herein is not and should not be construed as an offer or recommendation to buy or sell any crypto. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy or timeliness. The information and content are subject to change without notice. we do not provide investment advice. This material has been prepared for informational purposes only.

Thank you

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#Bitsand - Sandesh

Entrepreneur I Writer I Blockchain and cryptocurrency Influencer I Mission- #Indiawantscrypto