Crypto derivatives alternate ACDX is rebranding to “BBS.alternate”.
Similar because the alternate’s distinctive providing, the brand new title, 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 12 months. It stated “it has turn into our high buying and selling product. BBS has no complicated calculations. Not like futures, it has a transparent liquidation stage. BBS is greatest for merchants preferring leveraging and recognize simplicity.”
“Because the crypto area evolves, derivatives has turn into a complicated time period linked solely to classy merchants. Nonetheless, our mission is to deliver 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 perfect illustration for us.” It added.
The alternate will proceed to supply extra listings of BBS tokens. Most options might be carried over to the brand new website, which is able to undertake a easy and clear design. “Buying and selling derivatives must be as straightforward as buying and selling spot,” because the alternate stated.
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 modern, clear, and trader-centric merchandise.