Crypto derivatives alternate ACDX is rebranding to “BBS.alternate”.
Similar because the alternate’s distinctive providing, the brand new identify, BBS, often known as Bull Bear Strike Token, is the world’s first crypto structured product. The brand new picture displays the dedication of the alternate to derivatives innovation, and their mission of bringing extra merchants into derivatives with easy merchandise.
The corporate’s official announcement reveals that BBS buying and selling has gone dwell for over a yr. It mentioned “it has develop into our prime buying and selling product. BBS has no complicated calculations. Not like futures, it has a transparent liquidation degree. BBS is greatest for merchants preferring leveraging and recognize simplicity.”
“Because the crypto area evolves, derivatives has develop into a classy time period linked solely to classy merchants. Nevertheless, our mission is to carry extra merchants into derivatives with easy merchandise. It’s time to evolve our model to amplify what we stand for. And our key product is the most effective illustration for us.” It added.
The alternate will proceed to supply extra listings of BBS tokens. Most options will likely be carried over to the brand new website, which is able to undertake a easy and clear design. “Buying and selling derivatives needs to be as simple as buying and selling spot,” because the alternate mentioned.
Based in 2020, the corporate is a crypto derivatives alternate that strives to architect improvements into the crypto market. Designed by skilled merchants, BBS.alternate (previously ACDX) goals to empower merchants to specific particular market views by progressive, clear, and trader-centric merchandise.