As cryptocurrency has gained popularity, exchanges have had little choice but to evolve to meet the growing needs of investors. Where order-matched centralized exchanges and current decentralized exchanges once took over the industry, the need for a third-generation solution quickly became apparent. When it comes to the central limit order book model, a reliance exists on an aggregated list of buy and sell orders—the difference in these prices being known as the spread. Unfortunately, when liquidity is limited, the spread is larger since there is limited supply or demand at each price level, making it more difficult to fulfill orders. …

Decentralized leveraged trading platforms are growing in popularity but fail to provide an ideal experience for traders. These platforms often charge high fees on leveraged trades, are subject to scams and often don’t provide the actual price of a crypto asset. Instead, leveraged trading platforms have users investing in a derivatives contract over the actual asset. gTrade developed by Gains Network is a decentralized leverage trading platform looking to solve the problems with traditional leveraged trading platforms. A median offering gTrade is a decentralized leveraged trading platform enabling users to speculate on the real spot price of listed assets as …

Kotak, India’s leading private bank, has reportedly become the first to open its gates to the crypto community, as per a report published in Economic Times. The banking giant announced it has partnered with the leading crypto exchange WazirX, which would allow traders to use the banking services to liquidate their funds. The partnership between the two parties is being seen as a major breakthrough for the crypto community given Indian banks have frozen crypto payments and withdrawals for the past eight months. "WazirX has opened an account with Kotak which can be used to receive and pay money to …

Alameda Research, a cryptocurrency trading firm founded by crypto billionaire Sam Bankman-Fried, has led a $35 million investment in the automated crypto trading app Stacked. On Dec. 9, the startup officially announced the successful completion of a Series A funding round co-led by Alameda and Mirana Ventures, a venture partner of Bybit exchange and BitDAO. The new funding will reportedly help Stacked grow its 40-person team to over 100 employees in 2022 and continue scaling its suite crypto portfolios and automated lending products. According to Alameda Research Ventures’ partner Brian Lee, Alameda started investing in Stacked over a year ago …

Singapore-headquartered digital asset platform, Bitget, has reportedly been suspended by the Monetary Authority of Singapore after getting into a dispute with an agency for the popular K-Pop boy band BTS. As reported by the Financial Times on Dec. 5, Bitget lost the Singapore license following the controversial listing of a new K-Pop-related cryptocurrency called Army Coin. However, the crypto exchange still claims to have licenses in other jurisdictions such as Australia, Canada, and the United States. The issue arose on Oct. 25, when the Bitget exchange shared a tweet promoting Army Coin, which is named after the South Korean boyband's …

The revolutionary world of decentralized finance comes with its own set of harsh realities. One of them being, the unpredictable nature of yields on lending platforms that are often reliant on real-time market demand and supply dynamics. To offset the risk involved in permissionless lending, DeFi lending platforms typically require collateral that even exceeds the borrowed amount. Not only does this create an “artificial limit” on demand for loans, but it also leads to low yields that are exceeded by those offered on centralized platforms. Moreover, while the premise of decentralized lending was meant to eliminate middlemen that benefit from …

What features/functionality are available in modern trading tools? New tools, including strategy packages, market scanning algorithms and other sell features, help automate an investor’s strategy. The HitBTC exchange and a crypto portfolio management tool Cryptohopper have partnered up in developing a solution that uses bots to help investors overcome emotional trading. Cryptohopper leverages their Marketplace Signalers option to help users by following the lead of experienced traders. Currently, this solution uses insights from 55 professional traders, each of which is available for an investor to choose to copy. After making their selection, the bot can manage their portfolio automatically. As …

Galaxy Digital, a cryptocurrency brokerage and merchant bank founded by billionaire investor Michael Novogratz, announced on Monday that it would be issuing $500 million in exchangeable senior notes to accelerate business initiatives. The debt is convertible into company equity and bears an interest rate of 3% per annum, with maturity in 2026. New expansion areas include non-fungible tokens, or NFTs, with the firm committing $62 million of its capital into 22 NFT related companies since the start of the year. Over the years, Galaxy Digital founder and CEO Mike Novogratz has been a famed bullish investor of Bitcoin (BTC) and …

With digital currency comes innovation, efficiency, and perhaps most importantly, equality. However, before this happens, digital currencies must become simple enough for everyone to use and accessible so that anyone can do so. As it stands today, most crypto services are difficult to use and hard to understand. Moreover, functionality such as participating in spot transactions, futures trading or staking services are not readily available for those already active in traditional markets. Therefore, for mass adoption to become a real possibility, the entire process from purchasing coins to executing a more complex trade needs to be straightforward. The leading crypto …

If you look at crypto assets’ price movements as a series of isolated events, the picture is messy. Sure, some traders can occasionally win big off one-time events or thanks to sensing a meme-inspired trend. In the long run, however, most of these “fortuitous” traders tend to lose. Why? Because they have to pick big-time winners to cover all the times they miss their targets. For every Shiba Inu, there were a thousand coins that didn’t moon. Which is why crypto traders who employ processes rather than try to predict events are more likely to fill their bags in the …

Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is the world's third-largest cryptocurrency brokerage, with nearly $12 billion in trading volume within the past 24 hours. The exchange lists 312 coins and 518 cryptocurrency trading pairs. It's often difficult for new cryptocurrency enthusiasts to navigate the complex world of trading and finance. OKEx seeks to bring such sophisticated trading methods to everyday users' disposal by building simple user interface. During an exclusive ask me anything, or AMA, session with Cointelegraph Markets Pro Users, OKEx staff discussed trading tools, financial regulation, the OKExChain …

Hot on the heels of the rising cryptocurrency hype, Finnish regulators have dropped a formal notice. On Nov. 24th, the Financial Supervisory Authority (FIN-FSA) stated: “Only registered virtual currency providers can market virtual currencies and related services in Finland. The marketing of virtual currencies in Finnish and in Finland is only allowed for entities registered as virtual currency providers in Finland.” Finland is a highly economically free country, ranking 17th in the Index for Economic Freedom. However, as LocalBitcoins CEO Sebastian Sonntag told Cointelegraph upon receiving their FSA license in 2019: “The controls in the financial sector are of particularly …