Originally published on: November 14, 2024
Arkham Intelligence, a leading blockchain analytics firm, has unveiled an innovative points program designed to entice traders to its newly launched cryptocurrency derivatives exchange. This exciting initiative, announced on Nov. 14, offers traders the opportunity to earn points by trading spot crypto and perpetual futures contracts on the platform.
The points earned by traders can be converted into Arkham’s own native token, ARKM, adding an extra incentive for participants to engage in trading activities. This enticing program is set to run for 30 days, providing traders with a limited-time opportunity to accumulate points and benefit from the rewards offered by Arkham Intelligence.
The launch of the digital assets derivatives exchange on Nov. 6 signals Arkham’s entry into the competitive world of cryptocurrency trading. With a focus on retail traders, the exchange aims to challenge established platforms like Binance by offering a unique combination of features and services tailored to the needs of its user base.
One of the key selling points of Arkham’s exchange is its integration of research and onchain audits, providing traders with valuable insights and transparency in their trading activities. Additionally, the platform features proof-of-reserve (PoR) capabilities, further enhancing the security and trustworthiness of the exchange.
While the exchange is not currently available to traders in the United States, Arkham Intelligence remains committed to expanding its reach and attracting a global audience of cryptocurrency enthusiasts. As the industry continues to evolve and mature, initiatives like the points program introduced by Arkham demonstrate a proactive approach to engaging with traders and fostering a vibrant ecosystem of innovation and growth.
In a rapidly changing market landscape, characterized by the recent victory of Donald Trump in the U.S. presidential election, the crypto industry is poised for further growth and development. With favorable regulatory trends and increasing interest from retail traders, the demand for crypto derivatives products is on the rise, driving significant trading volume and market activity.
As established exchanges like the Chicago Mercantile Exchange (CME) continue to expand their offerings, new entrants like Coinbase and Crypto.com are also entering the derivatives market, providing opportunities for traders to explore innovative products and strategies. The surge in derivatives trading volume, reaching over $3 trillion in September, reflects the growing popularity and potential of this market segment.
Arkham Intelligence, with its reputation for cutting-edge blockchain analytics and research tools, is well-positioned to capitalize on these trends and offer traders a unique and rewarding trading experience. By leveraging the power of blockchain technology and integrating advanced features into its exchange platform, Arkham aims to set new standards in the crypto derivatives market and attract a diverse range of traders seeking innovative solutions and opportunities for growth.
In a dynamic and fast-paced industry like cryptocurrency trading, staying ahead of the curve is essential for success. With initiatives like the points program introduced by Arkham Intelligence, traders can gain a competitive edge and maximize their trading potential in an ever-changing market environment. As the crypto industry continues to evolve and adapt to new challenges and opportunities, Arkham remains at the forefront of innovation and excellence, providing traders with the tools and support they need to achieve their goals and thrive in a competitive marketplace.
