Originally published on: November 06, 2024
Arkham Intelligence, a leading blockchain analytics firm, has recently unveiled its latest venture – a cryptocurrency derivatives exchange. This exciting development was announced on November 6, promising to revolutionize the trading landscape for retail investors. The exchange is set to rival established platforms like Binance, offering a unique blend of features and services.
One of the key selling points of this exchange is its integration with Arkham’s cutting-edge research capabilities. Traders can expect live on-chain audits and proof-of-reserve (PoR) functionality, ensuring transparency and security in every transaction. While trading is scheduled to kick off next week, it’s important to note that the exchange will not be accessible to users in the United States.
The demand for crypto derivatives has been skyrocketing in recent years, with retail investors driving significant trading activity. According to a report by CCData, the trading volume of crypto derivatives surpassed $3 trillion in September, doubling from the previous year. Established exchanges like the Chicago Mercantile Exchange (CME) have also jumped on the bandwagon, unveiling new products to cater to this growing demand.
In the evolving landscape of crypto derivatives, Arkham’s exchange is poised to make a significant impact. With its innovative features and commitment to user security, it promises to provide a seamless trading experience for cryptocurrency enthusiasts worldwide. Stay tuned for more updates on this exciting development from Arkham Intelligence.
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