Gemini Launches Trading Competition to Boost Derivatives Platform
Gemini Foundation is set to host its first trading competition in August to attract new users and increase trading volumes. Gemini Foundation, a non-US derivatives platform founded by the Winklevoss twins and backed by the Gemini Trust Company, is gearing up to host its first trading competition in August. The competition also aims to revitalize […]
Crypto Exchanges Demystified: Spot, DEX, and Derivatives – Learn the Key Differences
In cryptocurrency trading, different crypto exchanges cater to different kinds of traders and investors. In this article, we will demystify the different types of crypto exchange which are Spot, DEX, and Derivatives, and learn about their key differences. Spot Exchanges Spot exchanges are the most common type of cryptocurrency exchange. These exchanges allow traders to […]
Derivatives are essential for a functioning digital asset market – FTX CEO
Sam Bankman-Fried (SBF), the CEO of crypto derivatives exchange FTX, has suggested that derivatives are necessary to bolster liquidity and also essential for the functioning of the digital asset markets. The crypto billionaire said that crypto derivatives are “misunderstood” in an interview with Forbes published Aug. 30, claiming that detractors fail to see the critical […]
Binance restricts Hong Kong users from trading derivatives
Largest crypto exchange by trading volume Binance has announced a restriction to crypto derivatives traders in Hong Kong while at the same time giving the users a 90 day period to close open positions. Binance, a major cryptocurrency exchange, has announced that it will restrict Hong Kong users access to derivatives products in an effort […]
Bybit sets to begin spot trading
World’s largest derivatives-only crypto exchange Bybit, after sitting comfortably at the top of the derivatives lane has announced that it is set to enters the spot trading market. According to Ben Zhou, CEO of Bybit , the move also includes intentions to start offering options trading later this year. The Singapore-based cryptocurrency exchange will introduce […]