Last month, crypto derivatives exchange LXDX has opened its platform access, so traders would be able to create accounts and begin Know Your Customer (KYC) processes ahead of the live trading launch.
The cryptocurrency exchange has just announced that the platform is now officially open to the public for live spot trading. People will now have access the full functionality of the platform, including depositing and withdrawing tokens, trading with other users on the public market, and interfacing with APIs.
Will Roman, COO at LXDX, commented:
This announcement marks a major milestone in our mission, to make capital markets better. We’ve spent the last twelve months building LXDX from the ground up using highly optimized software and hardware to redefine digital asset trading. Our systems are designed—and tested—to scale to numbers of assets and volumes that are orders of magnitude greater than what exists today.
LXDX has announced its initial Security Token Offering back in the beginning of November this year.
Our unique financial instruments will allow for both leveraged – yet fully collateralized – speculation and hedging,”explained Roman.
Without putting traders at risk of socialized losses. We believe in the function derivatives play in healthy markets and the impact they have in maturing digital asset markets., he concluded.