Scalable Solutions offers futures contracts as a white-label exchange solution, benefiting users of existing and future white-label clients.
Zug, Switzerland, Feb. 10, 2022 — Scalable Solutions, the white-label institutional-grade trading-software provider, provides perpetual futures contracts as its business-to-business solution for exchanges and brokers.
Perpetual futures contracts, which allow greater lending and risk management, are not typically available to digital asset exchanges. Owning this feature allows Scalable exchange clients to gain a competitive advantage by providing a larger set of trading options to its users — especially to professional traders.
Cryptocurrency futures trading has gained popularity and its market volume has drastically expanded in 2021, with similar growth expected in 2022. According to The Block Research, in 2021 the trading volume of Bitcoin (BTC) and Ether (ETH) futures rose above $32 trillion — 338% higher than in 2020.
“Our clients have a wide range of users, many of whom are professional traders that we know will greatly benefit from having a diverse set of exchange features to choose from. Scalability comes with being able to grow an exchange and its functionality in pace with its user base and their needs, and that is something we are proud to offer our clients,” said Valerie Belova, head of business development at Scalable Solutions.
One advantage that futures trading offers is users finding more liquid markets, where higher liquidity usually implies less risk. Futures are also highly leveraged investments, which make them capital-efficient.
Currently, Scalable exchanges support the dominant perpetual futures tokens, including BTC, Ethereum Classic (ETC), Chainlink (LINK), Cardano (ADA), Terra (LUNA), Solana (SOL), Polkadot (DOT), Binance Coin (BNB), Polygon (MATIC), EOS, Avalanche (AVAX), Litecoin (LTC), Shiba Inu (SHIB), Tron (TRX), Decentraland (MANA), Zcash (ZEC), Stellar Lumens (XLM), Uniswap (UNI), Aave, XRP, Bitcoin Cash (BCH) and HitChain (HIT). Plans are to include several more.
This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This news is republished from another source. You can check the original article here
Be the first to comment