The integration of new digital assets into major trading and investment platforms provides expanded opportunities for users looking to diversify their portfolios. Assets like Ondo (ONDO), Big Time (BIGTIME), and Virtuals Protocol (VIRTUAL) are now accessible through various financial products, offering flexibility for different investment strategies.
This guide provides a comprehensive overview of the available methods for engaging with these tokens, including earning, buying, swapping, and leveraged trading.
Earning with Savings Products
For users interested in a low-risk approach to holding these new assets, savings products offer a way to potentially earn rewards.
Fixed and flexible savings options for ONDO, BIGTIME, and VIRTUAL became available for subscription starting April 11, 2025. These products are designed for investors who wish to hold their assets over time while generating a passive return, all while their principal amount is protected.
Simplified Buying and Selling
Acquiring new tokens should be a straightforward process. Users can purchase ONDO, BIGTIME, and VIRTUAL directly using a variety of convenient payment methods.
Major credit cards, debit cards, and mobile payment services like Google Pay and Apple Pay are supported. Additionally, users can utilize their existing wallet balances to seamlessly buy or sell these tokens. This functionality is typically enabled within an hour of the assets being listed on the spot market, providing immediate access.
Instant Token Swapping
The ability to quickly convert one cryptocurrency for another is a crucial feature for many traders. A swap platform allows for the instant conversion of ONDO, BIGTIME, and VIRTUAL into other major cryptocurrencies like BTC or USDT.
This service is known for its speed and user-friendly interface, often featuring zero trading fees for conversions. It becomes operational shortly after the tokens debut on the spot exchange, making it an efficient tool for portfolio rebalancing.
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Leveraged Trading Pairs
For experienced traders seeking to amplify their exposure, leveraged trading pairs for these assets have been introduced. Both cross margin and isolated margin options are available.
Multiple trading pairs, including ONDO/USDT, ONDO/USDC, BIGTIME/USDT, BIGTIME/USDC, VIRTUAL/USDT, and VIRTUAL/USDC, were added. It is important to note that leverage magnifies both gains and losses. Users are encouraged to employ robust risk management strategies, especially given the typically high volatility of newly listed tokens.
Loanable asset quotas, collateral rates, and interest rates are subject to change based on market conditions, so traders should always consult the latest data on the platform's margin page before engaging in leveraged activities.
Frequently Asked Questions
What are the main benefits of using a savings product for these tokens?
Savings products allow you to earn potential yields on your holdings without actively trading. Your initial investment is safeguarded, making it a lower-risk option for long-term believers in the project who want to generate passive income from their assets.
How quickly can I start trading these tokens after they are listed?
Services like the simplified buy/sell feature and the token swap platform are usually activated within one hour of the token's initial spot market listing. Leverage trading pairs may follow a slightly different schedule, so it's best to check the official announcements for precise timings.
What should I consider before using leverage?
Leveraged trading is high-risk and not suitable for everyone. You should have a thorough understanding of how margin trading works, including concepts like liquidation prices. Always start with a clear risk management plan, use stop-loss orders, and never invest more than you can afford to lose.
Are there any fees for using the instant swap service?
A key advantage of many instant swap services is that they offer fee-free conversions between supported tokens. This makes them a cost-effective method for exchanging cryptocurrencies compared to traditional spot market trading, which involves taker and maker fees.
Is my principal guaranteed in savings products?
The specific savings products mentioned are described as "principal-protected," meaning your initial investment is not at risk from market fluctuations. The rewards you earn are generated through other mechanisms, providing a safe way to earn on your holdings.
Can I use a bank transfer to buy these tokens?
While the announcement highlights credit/debit cards and mobile payments, most major platforms also support bank transfers (e.g., SEPA, SWIFT) through their standard deposit methods. Once fiat currency is deposited into your wallet balance, you can use it to purchase any available token.