1inch Network Integrates With Opium to Provide Access to Derivatives Pools 

1inch – the leading decentralized exchange (DEX) aggregator platform – has announced an integration with the defi derivative platform Opium. The integration will allow 1inch users to access Opium’s derivatives pools directly from within the 1inch app. In a press release shared by 1inch, the company stated that all derivative pool transactions will be conducted through Opium’s smart contract. Opium facilitates the trading, creation, and settlement of decentralized derivatives. It’s based on open-source smart contracts within the Ethereum network. The…

Coinbase Looks towards Crypto Futures Trading Services to Offer Derivatives

Crypto exchange platform Coinbase wants to offer futures trading. The exchange needs to get approval from the National Futures Association. The firm has to register with the Commodity Futures Trading Commission.  Afterward, they can proceed with their plans. At the beginning of the year, Coinbase took over Skew. The latter is famous for tracking the derivatives market. Bloomberg reported that Coinbase Financial Markets Inc. was seeking membership regarding an application with the National Futures Association yesterday. Coinbase is one of the best cryptocurrency stocks. For…

CME Group Announces Arrival of Ether (ETH) Futures Contract

The Chicago Mercantile Exchange (CME), one of the world's two largest futures markets, has just announced the upcoming arrival of Ether Futures (ETH). This development is expected to expose the popular altcoin to more traders who could have a ripple effect on its price. Ether (ETH) Arrives at CME Group CME Group revealed today that it intends to introduce Ethereum (ETH) futures on its platform by February 8, 2021. The launch date of this new derivative will depend on its…

Top 9 Cryptocurrency Exchanges to Trade Crypto Derivatives

A derivative is a financial contract between two or more parties based on an underlying asset's future price. Crypto derivatives are, therefore, tradable contracts between parties regarding the future of an underlying asset, which in most cases, is Bitcoin (BTC) or other top cryptocurrencies. Trading crypto derivatives enables traders to mitigate volatility-associated risks and hedge against potential losses in trading.    In recent years, crypto-derivatives have grown in popularity. The enormous growth in crypto derivatives is largely attributed to the launch…

OKX Review: One of The Largest and Most Popular Crypto Exchanges

The surge in crypto exchanges has been astonishing, considering governments' dire need to sanction cryptocurrencies. However, it seems crypto adoption is inevitable, and the number of crypto exchanges will continue to grow.  Currently, on coinmarketcap, there are up to 314 exchanges. All these exchanges have different features, and transaction fees and support different coins. But which exchanges can you trust? We've all read the news of the many hack incidents that have happened in the crypto space.  Well, put OKX…

ETFs 101: Could They Change the Entire Scope of Crypto Investments?

Predicting the price of cryptocurrencies is challenging, thanks to their volatile nature. Consider bitcoin's volatility, which has seen the coin fluctuate between $3,000 - $20,000 over the last three years. The uncertainty and volatility are perhaps significant reasons why investors shy away from digital assets. Given that there is a growing increase in digital assets investments, finding a solution is vital. Exchange-Traded Fund (EFTs) come in at this point and could be instrumental in crypto investing.  So, could ETFs revolutionize…

Bitcoin’s Move Towards $10k Liquidated Short Positions Worth Millions on BitMEX

A few hours ago, Bitcoin attempted another rally to $10k, in which it attained $9,950 following the close of its candle on May 17. It could not attain the key $10k price point, since its correction to $9.9k. This move is yet to prompt a remarkable reaction from the derivatives market, possibly due to sellers’ deleveraging of their positions as they anticipated the current rally. According to the data provided by Skew.com, only $5 million was liquidated while the upsurge lasted…

Perpetual Contracts for Cryptocurrencies – A Beginner’s Guide

Perpetual contracts trading makes up a significant percentage of overall exchange-traded cryptocurrency volumes. Investors who are looking to bet on the price developments of BTC and other crypto assets are often not too concerned about holding actual tokens but are instead interested in trading highly liquid cryptocurrency derivatives such as perpetual futures contracts. Perpetual futures contracts on cryptocurrencies are financial derivatives enabling traders to bet on the price movements of crypto assets using leverage without owning the underlying digital asset. …

FTX Leveraged Tokens: What are They and How do They Work?

Trading cryptos take several forms depending on the level of experience and the knowledge or skill possessed by a trader. One such form of trading cryptos is leveraged tokens. Leveraged tokens are quite similar to ERC20 tokens in that they can be held, transferred, or traded to any other token. The major distinguishable feature of leveraged tokens is that they offer leveraged exposure to crypto assets without having to worry about collateral, margin, liquidation prices, or any other issue encountered…

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