The moon here: Kraken posted cryptocurrency futures billion dollars per month

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2019-03-06 19:00:08

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The moon here: Kraken posted cryptocurrency futures billion dollars per month

The Purchase of Crypto Facilities exchange Kraken has become a very successful transaction for both parties. CEO of the platform sui Cheung reported on the increase in trading volumes of Crypto Facilities on 565 percent. Recall, the company is based in the UK and has been placing futures on the crypt.

The Deal between Kraken and Crypto Facilities is estimated at $ 100 million. From the time of purchase within the 30-day period, the platform has registered rapid increase in the number of commercial transactions, the total amount of which exceeded one billion dollars. The company also reports a significant broadening of the user base.

the

the Crypt is still popular

According to the figures, investors from Europe and other countries still have not lost faith in the cryptocurrency. At least, digital assets remain a very profitable trading tool with high volatility. Such conditions are difficult to provide in traditional markets.

Note that the Crypto Facilities relies on the same price index for the cryptocurrency, which uses the location of the CME futures. This strategy eliminates any potential market manipulation.

This is good news, but it's not an absolute guarantee of the growth of Bitcoin and the market as a whole. In fact it is just a sign of heightened attention on the part of traders to the industry. They can also play on the slide.

Why everyone started to use Crypto Facilities? The deal with the Kraken opened the platform door to the large liquidity, so market players began to buy futures even on coins with relatively low capitalization. The liquidity of contracts, and increased by 200 per cent, the same figure for the rest of altcoins increased almost ten times.

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