The Currency Analytics
By Dan Saada
What keeps the crypto space interesting for trading this new decade? According to many investors, the introduction of new entrants in the crypto market.
The said launching of BTC options tradings was announced by FTX CEO Sam Bankman-Fried via Twitter on January 12.
A few hours after the announcement, BTC options trading hits $1 million trading volume. Not to mention, the additional features dedicated to the crypto space, FTX interestingly…
From the volume monitor of FTX, the exchange gained the 8th spot, which is just above CME, according to the trading volume.
In today’s crypto space, options trading is considered as the new hype where a number of exchanges push forward to make the feature possible.
Back in 2017, institutional cryptocurrency trading firm CME was one of the first to launch the BTC futures contracts. After that, different exchanges have followed that suit.
According to CoinGecko, a crypto data site, FTX is the 8th top cryptocurrency exchanged when it comes to volume, where it successfully traded $277.8 million over the last 24 hours.
Early last year, FTX was founded and known to offer topnotch derivative trading products, such as perpetual and quarterly contacts on different leverage token, cryptocurrency…
The Impact of Crypto Derivatives to the Crypto Space
Due to increasing frequency, crypto derivatives could bring positive developments. In fact, OKEx, which is a Malta-based crypto exchanged, has announced the launch of its crypto…
Meanwhile, the regulatory framework in the international scene continues to become clear and favorable.
This action only shows that more and more individuals or groups trust the capabilities of options trading in the crypto space.