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XTOP.IO, the blockchain trading service, has unveiled its first app trading product. The trading market is committed to creating a new era of block chain financial derivatives trading market, providing investors with better trading services and product concepts. This feature exclusively allows XTOP.IO users to access the real-time data of XTOP’s futures and perpetual swap markets of 9 mainstream tokens including BTC, LTC, ETH, ETC, XRP, EOS, BCH, BSV and TRX.In September 2019, on its platform XTOP.IO officially launched the first block chain financial derivatives products, marks the development of financial derivatives to hand in the block chain has entered a new period, in January 2009, the currency block creation, using open source block chain technology, will trade information is stored in a distributed in the books, it means that the birth of the buds of digital currency trading market.
Derivatives refer to financial contracts whose value depends on one or more underlying assets or indices. The basic types of contracts include forwards, futures, swaps and options. Financial derivatives also include hybrid financial instruments with one or more characteristics of forwards, futures, swaps (swaps) and options. Such contracts can be standardized or non-standardized. Standardized contract refers to its subject matter (underlying assets) trading price, trading time, asset characteristics, trading methods are pre-standardized, so most of these contracts are listed on exchanges, such as futures. Non-standardized contracts are those that are agreed upon by the parties to the transaction and are therefore highly flexible, such as forward agreements.
Derivative exchanges are becoming increasingly popular and taking up an ever-larger share of trading volume. These products track the price of cryptocurrencies but are not the actual cryptocurrencies. They are the tool of speculators who wish to capitalise on price movements. XTOP.IO objective is to provide accurate, unbiased trading data to help the customers develop their own trading strategies.
Contact Info:
Name: Media department
Email: Send Email
Organization: XTOP
Phone: +852 81975525
Website: http://www.XTOP.io
Release ID: 88919045