EQUOS, Diginex’s institutional-grade cryptocurrency alternate, has announced its launch of Ethereum (ETH) Perpetual Futures (ETH/USDC[F]), allowing supply traders and investors to trade and hedge in market conditions of all kinds.
They announced the launch on Twitter saying:
“We are pleased to announce that EQUOS ETH Perpetual Futures Contracts are now live. Expanding our suite of products to include ETH Perpetuals is another milestone for EQUOS in our mission to create an industry-leading derivatives trading venue.”
EQUOS launched its Bitcoin (BTC) Perpetual Futures Contract (BTC/USDC(F)) almost two months ago.
Who Are Diginex And EQUOS
Diginex is a blockchain financial services company centered on innovating products for the digital assets and cryptocurrency ecosystem and providing compliant, fair, and trusted services. Launched in July 2020, EQUOS is a digital asset exchange platform built to refine the experience of trading digital assets for all market participants.
EQUOS Priming Itself To Become The Trading Venue Of Choice
EQUOS ETH Perpetual Future has been created to allow skilled merchants and institutional investors to take a directional place on ETH while using USDC as a guarantee in a fully transparent atmosphere. Independent market makers provide prices and liquidity as EQUOS does not make markets on its platform. EQUOS can supervise all of its exercises on its platform by making the orderbook have certain equal visibility for all merchants.
The new ETH Perpetual Future is supported by a Liquidation Platform similar to the BTC Perpetual Future offered by EQUOS. The pricing, liquidity, and depth are provided by independent market makers, a design that allows excess funds to be retained by the account holder in the events that the liquidations take place above Zero price.
The launch indicates that EQUOS has a mission to be the industry-leading platform for buying and selling value for all of its investors, institutional and individual traders alike.
Diginex’s Top Brass Aim For Constant Growth Of EQUOS Platform
Richard Byworth, CEO of Diginex, commented:
"Derivatives, such as perpetual futures, play a key role in the strategies of institutional investors and are the preferred choice for many institutions when it comes to accessing cryptocurrencies. As such, they are pivotal in the growth of the digital asset class. We continue to add product to the platform allowing us to become a one stop shop for digital assets for our client base. We are dedicated to driving the rapid advancement and professionalization of the cryptocurrency derivatives market."
Neil Sheppard, COO Financial Services at Diginex, added:
"We have witnessed a significant surge in interest in derivative products in recent months, with perpetual contracts being sought out by investors for convenient macro position taking, as well as for risk management purposes. We are raising the bar for governance in crypto derivatives, by offering a trusted and compliant ecosystem which operates in the best interests of its clients."
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.