Chicago startup-exchange SEED CX on Wednesday began to offer large investors the possibility of trade in batcins on its spot market.
In 2015, the company attracted $ 25 million and began to provide licensed services for institutional trade and settlements. By adding Bitcoin to its adjustable platform, the project made a huge step to attract major players in crypto industria. For now
After the approval by the Commission on Trade Futures of the US Commodity Futures, cryptocurrency derivatives will be added to the list of platform tools. Those interested can access the market using the web API, the user interface or the financial information exchange protocol.
According to the SEED CX manual, they started working with virtual currencies in test mode a few months ago, but now collected a whole group of customers who want to use Bitcoins to reduce their operational risks. They also say that the bear market only increased the inflow of those who wanted due to low prices for cryptoaculation.
To reduce the risk of the stock exchange, there will be a minimum change in prices and sizes of contracts, compared with retail platforms, as well as to put forward tighter requirements for participants. Additionally, customers will be able to exhibit non-traditional assets, such as digital. In order to avoid conflicts, the stock exchange has banned employees to trade cryptocompany.
Another cryptoplatform Bakkt decided not to waste time during the waiting period of CFTC and