YFX.Com – Defi Trading Platform Support 100X Leverage. No KYC. No Gas Fee
PRESS RELEASE. YFX.COM is the world’s first decentralized cross-chain perpetual contract exchange. While other trading platforms that provide leverage alternatives exist, YFX.COM is trailblazing a decentralized alternative to centralized exchanges and perpetual futures trading without a central intermediary. YFX.COM does this by taking advantage of different protocols across the cryptocurrency landscape. Through a culmination of blockchain protocols YFX.COM is allowing traders to participate in trading BTC, ETH and other cryptocurrencies with up to 100x leverage. These cryptos are....
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PRESS RELEASE. YFX, the first DEX that offers 100x trading leverage on perpetual contracts has just launched, adding an important piece to the DeFi money legos, and creating a direct competition against CEX on derivatives trading. The most traded Bitcoin product in centralized exchanges is Bitcoin futures, which is 10 times bigger than spot trading in terms of the trading volume. But in DEX, spot trading platforms like Uniswap are occupying a large portion of the total trading volume, and there is not a single decentralized futures trading platform that could reach even 1/10 of....
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction of volume.” FTX CEO Announces Cutting Leverage Limits, 2x Leverage the Most Common FTX customers will have to adjust to changes as the crypto-asset exchange has dropped its max leverage rate from 101x to 20x this weekend. Of course, the formerly supported 50x, 100x, and 101x positions are....
DMEX is a decentralized anonymous margin trading exchange that doesn’t require KYC checks, simply generate a wallet inside the app and start trading. No KYC Because DMEX runs on a smart contract you do not need to register with your personal information. Simply generate a new wallet in-app and start trading right away. Asynchronous Matching Engine Most decentralized exchanges provide synchronous trade executions, which means you have to wait for the last trade to record on the blockchain before performing a new one. DMEX however, implements a state-of-the-art matching engine that....
Most traders think futures contracts are only used to place ultra risky high leverage bets, but the instruments actually have a variety of uses. Whenever there's data out on futures contracts liquidation, many novice investors and analysts instinctively conclude that it's degenerate gamblers using high leverage or other risky instruments. There's no doubt that some derivatives exchanges are known for incentivizing retail trading to use excessive leverage, but that does not account for the entire derivatives market.Recently, concerned investors like Nithin Kamath, the founder and CEO at....
Crypto exchange Binance has announced that the leverage limit has been reduced to 20x from 100x. Also, the platform plans to stop margin trading on EUR, GBP, and AUD. Binance Reduces Maximum Leverage To 20x Binance has announced that it’s cutting the leverage limit that users can use to trade futures contracts from 100 times […]