BitRss.com latest Crypto World News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Coinbase backs $4.3M seed round for upcoming crypto derivatives exchange Blade

Cryptocurrency exchange Coinbase has backed a $4.3 million seed funding round for upcoming cryptocurrency derivatives exchange Blade.
The round also saw participation from venture firms SV Angel, A.Capital and Slow Ventures, among others, according to a report from TechCrunch on Monday.
Blade is “three weeks away” from launch, and will offer to trade in perpetual swap contracts. The exchange’s website shows that it will provide “up to 150X” leverage for bitcoin and altcoins perpetuals with settlement in Tether (USDT) stablecoin and bitcoin.
Perpetuals are “arguably the fastest growing segment of cryptocurrency trading,” Blade CEO, Jeff Byun, was quoted as saying in the report. “In the long term, we want to be the CME (Chicago Mercantile Exchange) of crypto.”
Blade won’t be available to U.S. residents due to stricter regulations in the country, and also because “most of the volume” comes from non-U.S. markets.

BitRss.com shares this Contents with License.

Thank you for Share!

   
Read the full Article

Read the full Article: Coinbase backs $4.3M seed round for upcoming crypto derivatives exchange Blade


Search Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, from up to 70 Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

24h Most Popular News