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Wall Street Veterans Introduce Innovative Volatility Product to Digital Asset Space

With global policy development and adoption underway, the trading volume of digital assets has been steadily rising especially as the Bitcoin price recovers last several months. Different from traditional stock market that is limited by trading hours and circuit breakers, digital asset trading runs continuously 24*7 across all geographic regions with fewer regulations in place and less institutional participation. Therefore, the volatility has been noticeably higher than most of the traditional assets making it riskier as a mid-term investment product but more of short-term trading vehicle.  


As the market further matures and expands, there is an increasing need for the development of more derivative products, especially volatility product that traders can trade off on price fluctuation. With such observation of market requirement, BitMax.io, a leading next generation digital asset trading platform, introduces its first volatility-linked derivative product: Volatility Card, a simple yet elegant way to trade on the price movement of underlying digital asset.

Read More at EWN...



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