AXSUSD, MANAUSD and THETAUSD Perpetual Contracts Are Now Available on the Crypto.com Exchange
*Use CRO, DAI, USDC, and USDT as collateral with up to 100x leverage*
AXSUSD, MANAUSD and THETAUSD Perpetual Contracts are now available on the Crypto.com Exchange. Traders can use CRO, DAI, USDC and USDT as collateral with leverage of up to 100x, and enjoy discounted trading fees based on the amount of CRO they stake in the Exchange.
We’ve been hard at work developing one of the fastest matching engines in the industry, supporting 2.7M transactions per second, zero garbage collection, ultra low core latency of 50 microseconds, and 5ms end-to-end for consumer use.
**Perpetual Contracts Available:** BTCUSD, ETHUSD, CROUSD, ADAUSD, DOTUSD, DOGEUSD, ENJUSD, LINKUSD, UNIUSD, VETUSD, LTCUSD, MATICUSD, ALGOUSD, SUSHIUSD, CRVUSD, SOLUSD, KSMUSD, CHZUSD, BOSONUSD, AAVEUSD, COMPUSD, AXSUSD, MANAUSD, and THETAUSD,
**Leverage:** 50x / 100x
**Collateral:** CRO, DAI, USDC, USDT
**Expiration Date:** None
**Follow these simple steps to get started:**
1. Sign in to the Crypto.com Exchange
2. Create a Derivatives Wallet
3. Transfer **CRO/DAI/USDC/USDT** from your Spot Wallet to your Derivatives Wallet to start trading!
[Go To Crypto.com Exchange](https://auth.crypto.com/users/sign_up?utm_campaign=Crypto.com+Blog%3AWW-en%3AMargin+Trading+New+Leveraged+Pairs_20210714&utm_content=Margin+Trading+New+Leveraged+Pairs_20210714&utm_medium=Article&utm_source=Crypto.com+Blog)
**How do Derivatives Work?**
A derivative is a contract between two parties that is based on the value of an underlying asset. Common types of derivatives include futures, options, forwards, and perpetual swaps. Perpetual swaps enable traders to buy or sell the value of their ‘assets’, whereby the underlying asset itself is never traded, allowing them to better manage risk. Unlike futures and options, perpetual swaps do not expire or have a settlement date, and users can hold their positions for as long as needed.
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