BITTRADE Co., Ltd. Announcement regarding the start of handling of BITTRADE, SAND, Axie Infinity (AXS), Maker (MKR), DAI (DAI), and Polygon (MATIC).

https://www.sandbox.game/jp/
[What is SAND]
SAND is a crypto asset used in the blockchain game “The Sandbox”. It is not only used as in-game currency, but also has the role of staking and governance token, and is attracting attention.
■Overview of Axie Infinity (AXS) (1) Name: Axie Infinity
(2) Crypto asset code: AXS(3) Publisher: Sky Mavis PTE. LTD (4) URL (external site): https://axieinfinity.com/
[What is Axy Infinity (AXS)]
AXS is a cryptocurrency issued for the purpose of governance voting to determine in-game payments, staking, and ecosystem policies on Axie Infinity. The crypto assets that circulate within the game and the NFT characters and items that make up the game are attracting attention around the world along with the popularity of the game.
■Overview of Maker (MKR) (1) Name: Maker
(2) Crypto asset code: MKR(3) Publisher: Maker Foundation (dissolved in July 2021)
(4) URL (external site): https://makerdao.com/ja/
[What is Maker (MKR)]
MKR is an ERC-20 standard crypto asset issued on the Ethereum blockchain. It is used as a governance token for the decentralized application “Maker DAO.”
■Overview of Dai (DAI) (1) Name: Dai (DAI)
(2) Crypto asset code: DAI(3) Issuer: Issued by an unspecified number of users based on collateral assets
(4) URL (external site): https://makerdao.com/ja/
[What is DAI?]
DAI is a cryptocurrency whose target price is set at 1DAI = 1$. However, the underlying asset to guarantee the value of 1DAI = 1$ is not secured, and there is a possibility that the price will fall significantly from the target price due to market fluctuations, etc. ■Overview of Polygon (MATIC) (1) Name: Polygon/Matic
(2) Crypto asset code: MATIC(3) Publisher: Ethereum: Polygon Technology / Peppermint: Indirect issue via bridge program
(4) URL (external site): https://polygon.technology/
[What is polygon (MATIC)]
MATIC is a project created to solve Ethereum’s scalability problems (processing delays and rising fees due to too many users). In addition to paying network fees, it can also be used to pay for decentralized applications.
Thank you for your continued support of BitTrade.
[About BitTrade Co., Ltd.]
Trade name: BitTrade Co., Ltd.
Cryptocurrency exchange business Kanto Local Finance Bureau No. 00007 First Class Financial Instruments Business Kanto Local Finance Bureau (Kinsho) No. 3295
[Member associations]
First class member of Japan Crypto Asset Exchange Association (JVCEA) Regular member of Japan Crypto Asset Business Association (JCBA) Fintech Association Venture Member
Supporting member of Japan Security Token Offering Association (General Incorporated Association)
Supporting member of Japan Security Token Association (JSTA) [Precautions when using crypto assets]
Cryptocurrency is not a “legal currency” whose value is guaranteed by the government like the yen or dollar. Electronic data exchanged over the Internet.
If you lose your private key used for crypto asset transactions, you will not be able to use your crypto assets and may lose their value. Crypto assets may lose their value due to failure of blockchain or other transfer recording mechanisms.
Although we manage our customers’ assets separately from our own assets, in the event that our company goes bankrupt, we may not be able to return the assets entrusted to us.
Cryptoassets may be used for payment of compensation only with the consent of the person receiving the compensation.
The price of crypto assets may fluctuate. If the price of your crypto assets plummets or suddenly becomes worthless, you may incur losses. Crypto asset exchange companies must register with the Financial Services Agency/Financial Bureau. We are a registered crypto asset exchanger.
When trading crypto assets, please receive explanations from us, understand the details of the transaction, and use your own judgment. [Risk explanation regarding leveraged trading]
Leveraged trading allows you to trade with a larger amount than the funds deposited as margin, so it is highly efficient in investment and you can expect a large return on your funds. There is a possibility of incurring losses, which may exceed the margin.
In leveraged trading, there is a spread (price difference) between the buy price (ASK) and the ask price (BID), and when the market changes suddenly or liquidity drops significantly, the spread (price difference) may widen or order acceptance may be suspended. If you do so, you may not be able to conduct the transaction as intended. There may be a difference (slippage) between the price displayed on the trading screen at the time of order placement and the actual executed price. This may occur due to the communication environment between the terminal used by the customer and our trading system, or due to sudden changes in market prices, etc., which may result in time required for execution processing in our system after receiving the customer’s order, which may work for or against the customer. there is.
Position management fees may be incurred for trading.
[Risk warning]
https://www.bittrade.co.jp/about/risk/