On July 23, 2024, the Hong Kong Stock Exchange (HKEX) will launch Asia's first Bitcoin inverse product. The new product will be called "CSOP Bitcoin Futures Daily (-1x) Inverse Product" (7376 HK) and will be designed to react inversely to Bitcoin's price movements. This product will invest in the nearest futures Bitcoin contracts traded on the Chicago Mercantile Exchange (CME).

With Bitcoin's high volatility and the opportunities it offers, such inverse products are considered an important tool for risk management and speculation in the market. CSOP Bitcoin Futures Daily (-1x) Inverse Product will function as a product that gains value when the Bitcoin price falls and loses value when it rises. Investors will be able to choose this product to gain profit from Bitcoin's decline or to protect their portfolios against risks.

The security of the product will be provided by HSBC Institutional Investor Services (Asia) Limited. HSBC's involvement in this role ensures a high level of financial security and management standards of the product. While this provides additional security for investors, it can also generate great interest in the market.

The launch of this new product could strengthen Hong Kong's bid to become the cryptocurrency and digital asset hub in Asia. With the rise in global popularity of Bitcoin, the demand for such products is expected to increase as investors turn to more complex and diverse investment instruments.

Market experts state that such inverse products may be attractive, especially for those who adopt high-risk investment strategies. However, it is emphasized that these products contain high risks and must be managed carefully. This development may contribute to the diversification of digital asset investments in Asia by strengthening Hong Kong's position in the cryptocurrency market.

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Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.

So who will benefit?

Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.

I EXPLAIN IN DETAIL.

My brothers and sisters who have become a Binance member without reference, please listen carefully;

When you do what I say, you will receive 10 USDT.

Enter the Futures Section from your application,

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The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.

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WHEN WILL THE AWARD COME?

Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.

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