BitMEX launches spot market in hopes of revival

Sverige Nyheter Nyheter

BitMEX launches spot market in hopes of revival
Sverige Senaste nytt,Sverige Rubriker

The firm is undercutting larger rivals in its bid to grow market share.

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

BitMEX — one of the longest-running exchanges in digital asset futures space — is hoping that the launch of a spot new market will help it lure retail customers in the midst of the crypto trading doldrums.of its founder Arthur Hayes, unveiled on Tuesday its new spot market, offering the trading of cryptocurrencies like bitcoin, ether, Bored Ape Yacht Club's APE token, and Uniswap's governance token UNI.

"It is completely different from our classic look and feel," said BitMEX Vice President of spot Genia Mikhalchenko. He is hoping that will appeal to retail traders who may be looking for new options after the most recent downturn. Taking a realist approach, Mikhalchenko said he's aware BitMEX is late to the game on gate-crashing spot trading, adding that the firm doesn't have any"delusions" about its prospects.

"Given everything that's going on... this will be especially attractive," he said, referring to the draw down in crypto prices.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

TheBlock__ /  🏆 464. in SE
 

rip

my friend dropped out of university when he found this

Spot or not, those criminals will find a way to steal your coins anyway.. Stay away!

Sverige Senaste nytt, Sverige Rubriker



Render Time: 2025-01-13 04:10:34