• 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

Short-Term Holder SOPR Signals Selling Pressure in Bitcoin

chest

The Short-Term Holder SOPR metric indicates selling pressure in Bitcoin as short-term holders exit positions around breakeven.

user avatarGustavo Mendoza

Bitcoin Struggles to Surpass $82,000 as Short-Term Holders Sell

chest

Bitcoin struggles to break above $82,000 as short-term holders sell into strength, creating a narrow technical squeeze in the market.

user avatarMaria Fernandez

Bitcoin's Realized Cap Indicates Capital Inflow Recovery

chest

Glassnode reports a recovery in Bitcoin's Realized Cap, indicating renewed capital inflow into the market, though levels remain below previous thresholds.

user avatarRajesh Kumar

Bitcoin's Relative Unrealized Loss Sees Significant Decline

chest

Bitcoin's Relative Unrealized Loss has significantly declined to 8, indicating a shift in investor sentiment from fear to uncertainty.

user avatarMiguel Rodriguez

Regulatory Changes Spark Institutional Interest in South Korean Crypto Market

chest

Regulatory changes in South Korea are encouraging institutional investments in crypto exchanges.

user avatarArif Mukhtar

OKX Negotiates Acquisition of Coinone Stake

chest

Global crypto exchange OKX is negotiating to acquire a 20% stake in South Korean exchange Coinone.

user avatarLuis Flores

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.