• About Us
  • Privacy Policy
  • Contact Us
Coinpress
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
coinpress
No Result
View All Result
Home Blockchain

Galaxy Digital Executed Its First OTC Options Trade as Demand for On-Chain Options Ramps Up

by Press Release
May 18, 2023
in Blockchain
0
Crypto Derivative Volumes Rose in March for Third Straight Month
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter



The ability to trade bilateral options tied to cryptocurrencies with Galaxy removes credit risk, which is normally associated with traditional OTC options trades, Galaxy said in a statement. This is because users send their collateral to a smart contract rather than to a counterparty, making the user less exposed to the counterparty and what they might be doing with one’s collateral.



Source link

READ ALSO

IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America

Coinbase (COIN) Registers With Central Bank of Spain

Tags: DemandDigitalExecutedGalaxyOnchainOptionsOTCRampsTrade

Related Posts

A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
Blockchain

IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America

September 26, 2023
Coinbase Seeks New Revenue Stream From Layer 2 Network
Blockchain

Coinbase (COIN) Registers With Central Bank of Spain

September 26, 2023
The SBF Trial: How Did We Get Here?
Blockchain

Inside the Prison Digs for FTX Founder SBF

September 26, 2023
Binance Pulls Back German Crypto License Application
Blockchain

Binance Restarts in Belgium Three Months After Order to Stop

September 26, 2023
World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan’s CEO Says
Blockchain

World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan’s CEO Says

September 26, 2023
BEN Token Plunges 30% as Crypto Influencer Ben Armstrong Apparently Arrested
Blockchain

BEN Token Plunges 30% as Crypto Influencer Ben Armstrong Apparently Arrested

September 26, 2023

POPULAR NEWS

MonoDX Discloses the Future of Crypto Trading Automation

MonoDX Discloses the Future of Crypto Trading Automation

September 1, 2022
ChatCrypto develops AI-Powered Blockchain Solution to Reform the Cryptocurrency Market

ChatCrypto develops AI-Powered Blockchain Solution to Reform the Cryptocurrency Market

April 4, 2023
Crypto Funds’ Bitcoin Holdings Rise as Investor Demand Rebounds

Crypto Funds’ Bitcoin Holdings Rise as Investor Demand Rebounds

April 4, 2023
Be The First To Know About Ecoto

Be The First To Know About Ecoto

April 28, 2021
Avalon-WM Review  – Where Every Online Trader Should Trade

Avalon-WM Review – Where Every Online Trader Should Trade

February 19, 2021

EDITOR'S PICK

MetaCup Creating the Linking Bridge between Web 3.0 and the Sports Sector

MetaCup Creating the Linking Bridge between Web 3.0 and the Sports Sector

October 26, 2022
Why Crypto Trading is Essential for the Cryptocurrency Industry

Why Crypto Trading is Essential for the Cryptocurrency Industry

October 24, 2022
Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts

Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts

December 12, 2022
We Need to Reclaim the Narrative on Staking

We Need to Reclaim the Narrative on Staking

September 25, 2023

About

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Follow us

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Press Release
  • Regulation
  • Uncategorized

Recent Posts

  • Immunefi Launches Vaults System To Bring Its Bug Bounty Platform On-Chain
  • Could Bitcoin Be on the Verge of New ATH Rally? Analyst Identifies These Conditions
  • IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America
  • Kraken Registers in Spain and A Subsidiary Receives Ireland License
  • About Us
  • Privacy Policy
  • Contact Us

© 2020 coinpress.media

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO

© 2020 coinpress.media