Are you still looking for beta testers?
I used deribit and Bitmex to trade on leverage, and I'm certainly looking for something with more pairs. Are you planning on adding more altcoin pairs in the future, or are you set in stone in regards to only accepting ETH and LTC for margin trading?
Also, could you explain what a "Cryptocurrency Value Depreciation Swap" is? What would be the difference or advantage of holding this swap in comparison to shorting traditional perpetual derivative contracts (or futures)?
Hi, magneto!
Cryptocurrency Value Change Swap is an instrument similar to Credit Default Swap in traditional financial markets.
You will be able to make a prediction on how the value of let's say BTC is going to change in the nearest future. If you are right with your prediction you get paid the amount invested multiplied by coefficient.
You can try to predict the price in both directions and you can invest as much as you want. The logic is quite similar to betting on a particular outcome, but in this case product is standardized with certain price increment and time to maturity.
Also, please feel free to register - because this month is a beta testing phase. Only spot trading will be available at this stage. Leverage trading will be live starting next month - November 2019.
Yes, - we will be adding more altcoin pairs, but I cannot assure which ones. We will update everyone on this, before the launch of leverage trade.