BetFury has launched BetFury Futures, a crypto derivatives product offering leverage of up to x1000. It also integrates cryptocurrency trading with its proprietary FuryWaves tool.
The product combines Bitcoin and other major crypto assets with BetFury’s gaming ecosystem. The company said its execution model aims to address common issues associated with traditional order-book trading. These issues include slippage, order queues and unfilled trades.
Futures Offers x1000 Multiplier
BetFury Futures provides up to x1000 leverage. This is significantly above the typical 100x to 125x limits offered by major centralised exchanges on highly liquid contracts.
The platform offers what BetFury describes as zero slippage and guaranteed fills. Trades are executed at the displayed entry or exit price regardless of trade size.
Users can choose between a standard flat-fee structure and a profit-based model. Under the latter, traders do not pay commission on losing or break-even positions.
The platform also supports long and short positions, along with Take Profit and Stop Loss settings.
Eight Cryptocurrencies Available
BetFury Futures currently supports Bitcoin, Ethereum, BNB, XRP, Dogecoin, Solana, Bitcoin Cash and Cardano.
FuryWaves provides an additional proprietary trading tool exclusive to BetFury. Its price resets to $1,000 every 24 hours at 00:00 UTC. In addition, it fluctuates using a randomised, provably fair system based on BetFury’s existing hash-based game technology.
BetFury said FuryWaves prices typically move by around 250%, with individual movements reaching nearly 290%.
Futures Joins Wider Crypto Ecosystem
BetFury said its Futures platform can add assets quickly. Existing assets on the wider platform can reach Futures within about 30 seconds, while new coins can take several hours.
The company said Bitcoin, FuryWaves, BNB, Ethereum and Dogecoin ranked among its highest-volume assets over the past three months. BetFury attributed the activity to a combination of cryptocurrency traders and users of its gaming tools.
Futures uses the same account and balance as BetFury’s other products. Therefore, users can move funds between Futures, Crypto Staking and Crypto Swap within the same ecosystem.
The company said Crypto Staking offers returns of up to 60% APR. This gives users another option for deploying funds within the platform.
