American cryptocurrency exchange Coinbase has become a leader in the round of financing the Blade cryptocurrency derivatives trading platform, which raised more than $ 4.3 million.
Also in the round of financing venture companies SV Angel, A. Capital and Slow Ventures participated.
It is expected that the start of trading on the Blade platform should take place in three weeks. Users will be able to trade with leverage, and the leverage is quite large – up to 150. Trading contracts for bitcoin and altcoins will be calculated in USDT stablecoin or in bitcoins.
“Perpetual swap contracts are one of the fastest growing segments of cryptocurrency trading. In the future, we want to become an analogue of CME in the cryptocurrency industry, ”said Blade CEO Jeff Byun.
Note that users from the USA will not get access to the new site due to the tougher position of regulators in the country. In addition, “bulk trade” comes from other countries.
Coinbase’s cryptocurrency exchange and wallet CEO Brian Armstrong recently said that five years later he sees the company more than just an exchange.
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