• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

New Global Crypto Exchange with High Returns on Cash and Stablecoins

user avatar

by Giorgi Kostiuk

2 years ago

  1. Launch of Global Exchange
  2. New Opportunities for Users
  3. High Yields and Prospects


    4. Figure Markets, a leading decentralized custody marketplace for digital assets, has announced the launch of its new global crypto exchange based out of the Cayman Islands. The new platform offers a wide array of new features and yield-earning opportunities.

    Launch of Global Exchange

    Following a successful U.S. launch in August, Figure Markets is expanding its operations with the launch of a global crypto exchange licensed in the Cayman Islands. This is part of the company's mission to democratize finance by providing advanced financial products to users worldwide.

    New Opportunities for Users

    The platform offers a new yield sweep for cash and stablecoin balances with rates up to 8% annualized. U.S. users may earn up to 3% annualized on USD balances held at an FDIC-insured bank. These yields are generated from an innovative fund backed by real-world assets on blockchain.

    High Yields and Prospects

    The platform also offers qualified members up to 5:1 margin and enables cross-collateralization of positions. Additionally, the company plans to introduce higher and expanded leverage offerings by year-end.

    Figure Markets is making a significant step towards democratizing finance by offering global trading opportunities and innovative financial products to users.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

North Korean IT Workers Reportedly Infiltrate DeFi Projects

chest

Researcher Taylor Monahan revealed that North Korean IT workers have infiltrated over 40 DeFi projects in the past seven years, raising alarms about their potential influence and risks to the crypto ecosystem.

user avatarEmily Carter

ZachXBT Exposes North Korean Crypto Payment Server

chest

Crypto detective ZachXBT has uncovered an internal payment server linked to North Korean crypto operations, revealing 390 accounts and chat logs.

user avatarFilippo Romano

Chainalysis Forecasts Stablecoin Transactions to Match Visa and Mastercard

chest

Chainalysis predicts that on-chain stablecoin transactions could reach parity with Visa and Mastercard transaction counts by 2031-2039.

user avatarKaterina Papadopoulou

Regulatory Uncertainty Impedes Banking Sector's Technological Advancement

chest

The recent CEA study highlights the need for regulatory clarity in the banking sector to foster innovation and investment in new technologies.

user avatarTomas Novak

Call for Upgrading Bitcoin's Cryptography Amid Quantum Threats

chest

Call for Bitcoin to adopt new cryptographic measures to enhance security amid Quantum Computing concerns.

user avatarLeo van der Veen

Analysis of Quantum Computing Threats to Bitcoin

chest

Analysis of Quantum Computing threats to Bitcoin, highlighting potential risks to wallet security and the need for upgraded cryptographic measures.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.