• 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

Bitcoin Derivatives Call Gains Attention Amid Negative Funding Rates

chest

A fresh Bitcoin derivatives call is gaining attention after That Martini Guy argued that negative funding rates may reflect profit-taking rather than aggressive shorting.

user avatarRajesh Kumar

Agreement Reached on CBDC Ban

chest

Agreement reached on the ban of Central Bank Digital Currencies (CBDCs) to address financial stability concerns.

user avatarLucas Weissmann

Bitcoin Traders Anticipate Federal Reserve Decision Amid Rate Cut Hopes

chest

Bitcoin traders are closely monitoring the upcoming Federal Reserve decision as hopes for a rate cut diminish and macro volatility remains high.

user avatarFilippo Romano

New Digital Asset Tax Act Introduced

chest

The Digital Asset Tax Act has been introduced, emphasizing strict editorial policies that focus on accuracy, relevance, and impartiality.

user avatarEmily Carter

Sam Bankman-Fried Hints at New Token for FTX Victims Amid Legal Challenges

chest

Sam Bankman-Fried hints at a new token project aimed at repaying FTX victims, despite facing significant legal challenges.

user avatarTomas Novak

Kraken Introduces CFTC-Regulated Perpetual Futures for Professional Traders

chest

Kraken has launched CFTC-regulated perpetual futures for eligible institutional and professional clients through its Bitnomial integration.

user avatarKaterina Papadopoulou

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.