ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
Home
Press release
May 07, 2021 23:20 JST
Source:
ACDX
ACDX Offers World's First Leveraged Trading for Chia (XCH)
-- ACDX is the world's first crypto exchange to list leveraged trading for XCH
-- XCH is the native token of Chia Network, the decentralized smart transaction platform founded by BitTorrent's inventor Bram Cohen
-- ACDX hopes to reaffirm its commitment to the expanding decentralized financial economy
Seychelles, May 07, 2021 - (ACN Newswire) - ACDX, the crypto derivatives exchange offering advanced structured products for sophisticated traders, is offering its users the world's first leveraged BBS trading option for Chia Tokens (XCH). It is the world's first crypto exchange to kick off such a leveraged listing, empowering users to trade XCH Bull Bear Strike Token (XCH BBS) with multiple times leverage.
Founded by Bram Cohen, the inventor of the BitTorrent network, Chia Network is building a better blockchain and smart transaction platform which is more decentralized, more efficient, and more secure. It is the first enterprise-grade digital money, using the first new Nakamoto consensus algorithm since Bitcoin. Its goal is to improve the global financial and payments system.
"We are always looking for innovative, secure, and efficient projects to list on ACDX. Chia Network is exactly what we are seeking," commented Andy Cheung, founder and executive chairman of ACDX.
ACDX is a next-generation crypto exchange that strives to architect innovations into the crypto market. Designed by professional traders, its most unique product is Bull Bear Strike Token (BBS) that combines the fascination of perpetual futures and options. It can be traded as easy as perpetual futures with the capped risk like options.
Given the mass adoption of blockchain this year, ACDX has decided to reaffirm its commitment to the global decentralized financial economy. As Chia is adopting more modern cryptographic tools to enable richer smart transaction capabilities, ACDX believes the listing can help them deliver the vision to bridge the gap between the decentralized and centralized blockchain economy.
"We have been closely monitoring the decentralized financial space. Our team is aware that many financial and payments projects have flourished in 2021 with the potential to blossom further in 2022. PayPal, eBay, etc. To respond to our community's needs, we decided to explore this field," commented Andy Cheung.
About ACDX
ACDX offers a next-generation cryptocurrency derivatives trading platform with cryptocurrency structured products. The exchange is focused on true innovation across a wide range of easy-to-use, fair, and transparent trading products that suit the needs of current and emerging cryptocurrency traders. Visit ACDX.io.
Source: ACDX
Sectors: Crypto, Exchange
Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
Mitsubishi Shipbuilding Receives Order from the University of Tokyo for "MiPoLin" Power Prediction and Lines Selection System
Mar 28, 2024 16:45 JST
Mitsubishi Logisnext Completes Demonstration of Automated Truck Loading, Leading to Start of Actual Operations in Japan
Mar 28, 2024 13:52 JST
Toyota Releases Sales, Production, and Export Results for February 2024
Mar 28, 2024 13:35 JST
TANAKA to Install 500 kW Fuel Cell System to Promote the Use of Hydrogen Energy at Production Plants
Mar 28, 2024 03:00 JST
PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles
Mar 27, 2024 15:13 JST
NTT and Olympus Begin World's First Joint Demonstration Experiment of Cloud Endoscopy System
Mar 27, 2024 15:00 JST
TANAKA Holdings Announces Green Loan Financing for Construction of New Head Office Building
Mar 27, 2024 03:00 JST
JFE Steel and Hitachi Jointly Started Providing Solutions for the Steel Industry
Mar 26, 2024 19:04 JST
La Banque Postale and JCB join forces to elevate payments experience for travellers in France
Mar 26, 2024 15:00 JST
Fujitsu Tech Leverages AI and Underwater Drone Data for 'Ocean Digital Twin'
Mar 26, 2024 10:24 JST
NEC develops marketing strategy planning & effectiveness simulation technology using generative AI
Mar 25, 2024 10:08 JST
Toyota to Open New Tokyo Head Office in Shinagawa in FY2030
Mar 22, 2024 16:15 JST
Hitachi Selected as CDP Supplier Engagement Leader for the Third Consecutive Year
Mar 22, 2024 16:04 JST
Mitsubishi Motors Celebrates Production of 100,000th fully electric minivehicle
Mar 22, 2024 15:34 JST
JCB and AEON Credit Service Indonesia Launch the AEON JCB Precious Card
Mar 22, 2024 15:00 JST
JCB Issues White Paper on Calculating CO2 Emissions by Payment Method in Japan
Mar 22, 2024 12:00 JST
NEC and NTT successfully conduct first-of-its-kind long-distance transmission experiment over 7,000km using 12-core optical fiber
Mar 22, 2024 08:38 JST
Lifenet and Eisai Co-Develop Dementia Insurance "be"
Mar 21, 2024 17:36 JST
Toyota: Clarification of the Roles of and Expectations for Outside Executives, Revision of the Independence Assessment Criteria, and the Changes to Members of the Board of Directors and the Audit and Supervisory Board Members following the 120th Ordinary General Shareholders' Meeting
Mar 21, 2024 16:47 JST
Sales of Evolved GR Yaris to Start in April, While Purchasing Lotteries for WRC Driver-supervised Special Editions Start Today
Mar 21, 2024 16:31 JST
More Latest Release >>
Related Release
ACDX Launches Leveraged (XCH BBS) Trading Option for Chia Tokens (XCH)
May 10 2021 15:30 JST
More Press release >>