Storm Trade | News ⚡️

Storm Testnet 2.0 is launched, join the Early Birds program! 🎉

Early Birds is an early users program designed to introduce participants to the Storm Trade through completing tasks in the Community bot and receiving rewards for participating!

Storm Trade is a decentralized derivatives trading exchange that is in its final testing phase.

What new features have been added in the Early Birds phase? 👩‍💻

- Limit, Stop/Limit, Stop Loss/Take Profit orders;
- Liquidity provision;
- Partial liquidations (preserves your collateral for as long as possible);
- Ton Spaces integration;
- Referral program;
- Fixes all the bugs found in v1 Testnet.

🚀 Launch Storm Trade Quest

Read about the details of joining the program in the article at the link and good luck to all early birds! ☺️

What's next? That's an intriguing question! 🚀

While testnet v1 is underway, we want to share our global plans with you! 🤝

Here it is - a short roadmap in 5 Stages 👇

Stage 0: Testnet v1 (is up and running now)

Stage I: Formation (Aug '23)

🐣 Early Birds Program;
💼 Community bot, partial liquidations, and limit orders;
📚 Knowledge base about order types and liquidity provision. 👇

Stage II: Inspection (Sep '23)

🔒 Smart contracts audit;
🤝 Multitier tokenized referral program;
⭐️ Genesis NFTs. 👇

Stage III: Becoming (Sep '23)

💹 #Mainnet v1 launch – real trading begins;
🎁 #Testnet and Early Birds program rewards;
🔗 Seamless trading with bot deep-link integration. 👇

Stage IV: Existence (Oct '23)

💎 Token Generation Event (TGE).
🌐 Mainnet v2 Evolution – more trading pairs!
🏆 NFT achievements and trading tournaments.

🤩 Share in our vision for the future of trading with Storm Trade on TON and spread the word among your friends! 🚀

🥈 We are happy to announce that our trading bot has won the honorable second place in the TWA challenge! 🥈🥳

While the team is preparing for the launch of Testnet 2.0 (yes, it's coming very soon 🌚), we want to congratulate you on the second place and thank you for being with us.

Join the testing and don't forget, the storm is just beginning!⚡️

Telegram bots - just a hype or a new round of app development? 🤖

Read our article on how bots are taking over the world and why Storm aims to be the best version of a trading bot! 💎

Link to read:

Watch out! Bots are already among us 🤫

Hello, community! We are happy to present you our first digest, where we will tell you how the testing of the Storm Trade platform is going!

📈 A total of 19.2 million USDT worth of positions were opened, of which 13.8 million USDT were closed;

🤑 The maximum positive PnL on a single position was 3.3k USDT;

🏆 The number of open positions is close to 8 thousand, while 3 thousand of them have been closed;

🎤 We have received over 1000 interesting feedbacks and bug reports from you;

✋️ The total number of unique testers amounted to 1,502 people, thank you for your support and inexhaustible interest in the platform;

🎆 The most popular pair for trading is BTC/USDT with 34% interest;

🚫 The largest single pair liquidation was 1,684 USDT.

We remind you that we have opened a news channel! Subscribe and follow the developments with us! Your Storm team.

Do you know what futures are? We tried to explain it in our new article! 💻

It's never too late to learn new things.

Read the article about futures in simple language on our blog:

Chat | News | Articles | Twitter

Hi everyone, we have great news! ⚡️

Storm Trade, the first exchange for leveraged trading on TON, has found new investors!

TONcoin Fund invested in Storm Trade! 🎉

We are very happy to welcome our new partners and thank you very much for your support and faith in Storm.

Real Storm is coming…

Have a great Friday and a rousing weekend! 🙃

For those who like to keep up with the latest news, we have opened news channels in Russian and English! 🎉

Welcome, subscribe and have a seat. Now you will be the first to know about the news in the world of Storm! 📰

@storm_trade_news
@storm_trade_news_ru
@storm_trade_fam

Spot or futures? Futures or spot? That is the question! 🤔

We have prepared an infographic for you, where we tell you about the most important differences between futures and spot trading. Learn and discover the world of perpetual futures with Storm ⚡️

6. Market & Index Price - basic knowledge ✍️
📈 Market Price (MP) is formed by traders' positions, i.e. if one trader opens long at 100 and the other trader opens short at 200, the MP will move to the short side.
📈 Index Price (IP) is formed by movements on the global market.

7. Open Interest (OI) - upper knowledge ✍️
📊 Open interest is the total number of outstanding derivative contracts for an asset that haven't been settled.
🧐 Sometimes OI isn't enough to open positions, you just have to wait for traders to close positions. Here funding helps.

8. Funding - upper knowledge ✍️
🧮 Funding is the payout that is paid by the party who has more open interest at the time. Funding allows to stimulate traders to open positions in the opposite direction.

9. Stop-Loss & Take-Profit - upper knowledge ✍️
📉 Stop-Loss (SL) level is a preset price of an asset, set below the current IP, at which a position gets closed to limit investor’s losses.
📈 Take-Profit (TP) level is a preset price at which traders close profitable positions.

10. Price Impact - upper knowledge ✍️
🧰 Price Impact shows the percentage by which your open position affects the current Market Price.

We can talk endlessly about market terms and understand them in more detail, because we learn throughout our lives. We hope that our little glossary will help you pave the way to becoming a trader and clarify some points. Have a nice trade! ⚡️

What should a futures trader know? Ten terms from the trader's dictionary. Let's go!
👇

1. Perpetual futures - basic knowledge ✍️
🕧 Perpetual futures are a type of futures contract that doesn't have an expiry date. Without it, there is no physical settlement of goods, so the only purpose of a perpetual futures contract is to speculate on the price of an asset.

2. Long/Short - basic knowledge ✍️
📈 Long means that the trader assumes that the price of the asset will go up and make x's on a rise
📉 Short means that a trader assumes that a market will go down and bets on the decrease of a price.

3. Collateral - basic knowledge ✍️
💰 Collateral is a part of funds that traders leave as a deposit for their open position. If the trader's position will be partially or completely liquidated, collateral will not be partially or completely returned to the trader.

4. Position size & Leverage - basic knowledge ✍️
🔍 Position size is a collateral ✕ leverage.
💵 Leverage enable you to receive increased market exposure for a small deposit (collateral) and your trading provider (Storm Trade) loans you the rest of the full value of the trade.

5. P&L - basic knowledge ✍️
⚖️ Profit and loss statement (P&L) is a report that shows profits and losses of a trader for a certain period. It helps make a special P&L-report, thanks to which the trader can determine the effectiveness of his trade and ability to make a profit.

How to build community in TON ecosystem? 💎
Every young project asks this question.

Denis Matveev, an ex-member of the TonKeeper team and the man who was at the origin of the ecosystem, helped us determine the answer to this question. 📰

Follow the link and enjoy reading! 💬

Storm Community | Storm Testnet

Meet Storm, a project that will really help the ecosystem. ⚡️

Storm Trade is the first leveraged trading protocol on TON which aims to help the ecosystem attract traders and unlock trader talent in the community members! 📈

Read more about why Storm Trade will be the new gem of the ecosystem in our new article. 👈

Have you tested Storm Trade yet?

Testnet | Community | Website

Meet Tonstarter - our new partners! 💎

Tonstarter is the first platform for launching crypto projects on the TON network. ⚡️

Read more about our partnership in the article at this link. 🤝

Storm Trade Testnet is officially open! 🥳

Join the testing program by Storm Trade team and get a chance to earn bonuses and prizes! ⚡️

Conditions of participation and specific steps for testing can be found here 👈

Community | Telegram bot | Website

Hey everyone, are you ready for the real storm? It's coming to TON! ⚡️

Meet Storm Trade, the first leveraged trading protocol in the TON ecosystem! 💎

💻 Web & Telegram apps;
📊 Variety of assets to trade;
🕯 Up to x50 leverage;
🆕 Testnet this week;
🐣 Early birds rewards!

Without further ado, read the details in our article and join our community by the links below! 🫂

🔗 Intro | Telegram | Twitter