Bridges the Gap Between Directional Perpetual Traders, Spot Traders, Borrowers and Lenders
Gives Crypto Investors Trading Flexibility on the First Physically Delivered Futures Exchange
HONG KONG, June 30 (Bernama-BUSINESS WIRE) — CoinFLEX,the world’s first physically delivered cryptocurrency futures exchange, today announced the launch of the industry’s first centrally traded repo market powered by deliverable perpetual futures. CoinFLEX is the first exchange to develop and offer deliverable perpetual futures.
The CoinFLEX Repo Market aims to give investors access to highly liquid lending, borrowing and earning opportunities without the need to work through the channels of the traditional repo market, such as banks or other intermediaries, resulting in more flexible trading and real-time access to yield. CoinFLEX created the Repo Market and perpetual futures for cryptocurrencies to produce a trading environment that benefits market participants by increasing liquidity and significantly lowering capital costs.
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