Cryptocurrency Analysis and News Portal
Derivatives exchange Bitget is set to become one of the first exchanges to list USD Coin (USDC) as collateral for trading crypto derivatives.The development comes courtesy of a strategic collaboration between the Singaporean crypto derivatives trading service and USDC stablecoin issuer Circle, as reported by Crowdfund Insider on Monday.Bitget will
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Amidst the constant scrutiny met from global financial institutions as well as regulators, Binance has decided to reduce trade risks by adopting two measures.In addition to the delisting of the margin trading pairs, Binance has also decided to bring down the maximum leverage from 100x to 20x.Binance is the world’s
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Global cryptocurrency exchange Binance continues restricting support for some of its trading services amid an ongoing regulatory crackdown.Binance officially announced Monday that the exchange would delist margin trading pairs for three fiat currencies, including the Euro (EUR), the Australian dollar (AUD) and the British pound sterling (GBP).According to the announcement,
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A Wall Street Journal report published Jan. 12 claims European eToro users were given just four hours notice that the platform's margin trading services would be halted on Friday.EToro users were informed they must increase their margin collateral to 100% in an email sent at 4:46 UTC on Jan. 8. The
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Coinbase cuts margin trading. Binance sweeps out U.S. customers. OKEx offers rebates to clients affected by its five-week pause.Top shelfTax changeCoinbase will no longer send customers 1099-Ks, the U.S. tax form that led the Internal Revenue Service (IRS) to mistakenly think traders had underreported their gains. The exchange will instead
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Crypto exchange Coinbase plans to end all margin trading effective Nov. 25, 2020, due to recent regulations by the Commodity Futures Trading Commission (CFTC).The San Francisco-based trading platform announced Tuesday that it would prevent customers from placing new margin trades beginning at 2 p.m. PT (22:00 UTC) on Wednesday, while
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The firms will leverage privacy enhancing zero-knowledge proof technology to enable institutional trading firms to cross margin and bilaterally trade derivatives from a single pool of collateral. Source
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Polkadot has become a rising star within the crypto markets, with the layer one “Ethereum killer” seeing massive
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Cryptocurrency exchange OKEx launched saving accounts and margin trading for meme cryptocurrency Dogecoin (DOGE).According to an announcement shared with Cryptox on July 9, OKEx announced that leveraged spot trading, perpetual swap contract trading, and saving features will launch tomorrow for the meme-based cryptocurrency, Dogecoin.OKEx did not answer Cryptox’s inquiry by
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Major South Korean exchange Bithumb has launched leverage trading for Bitcoin (BTC) and Ether (ETH) on its global platform.While the exchange states that the move is in response to “a surge in demand in crypto services,” Bithumb Global’s introduction of margin comes just weeks after the largest deleverage event
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