Crypto derivatives alternate ACDX is rebranding to “BBS.alternate”.
Identical because the alternate’s distinctive providing, the brand new identify, BBS, also called Bull Bear Strike Token, is the world’s first crypto structured product. The brand new picture displays the dedication of the alternate to derivatives innovation, and their mission of bringing extra merchants into derivatives with easy merchandise.
The corporate’s official announcement reveals that BBS buying and selling has gone reside for over a 12 months. It mentioned “it has turn into our prime buying and selling product. BBS has no advanced calculations. In contrast to futures, it has a transparent liquidation degree. BBS is greatest for merchants preferring leveraging and recognize simplicity.”
“Because the crypto house evolves, derivatives has turn into a complicated time period linked solely to stylish merchants. Nonetheless, our mission is to convey extra merchants into derivatives with easy merchandise. It’s time to evolve our model to amplify what we stand for. And our key product is the perfect illustration for us.” It added.
The alternate will proceed to supply extra listings of BBS tokens. Most options might be carried over to the brand new website, which is able to undertake a easy and clear design. “Buying and selling derivatives needs to be as simple as buying and selling spot,” because the alternate mentioned.
Based in 2020, the corporate is a crypto derivatives alternate that strives to architect improvements into the crypto market. Designed by skilled merchants, BBS.alternate (previously ACDX) goals to empower merchants to specific particular market views by revolutionary, clear, and trader-centric merchandise.