FTX Exchange to Launch Bitcoin Options Trading

According to Sam Bankman-Fried, CEO of Binance-backed exchange, the Bitcoin options trading volume hit $1M mark in 2 hours after the launch 
13 January 2020   313

The FTX cryptocurrency derivatives platform launched the trading of Bitcoin options. This was announced by its CEO Sam Bankman-Fried.

According to him, in about 2 hours the volume of options trading reached $ 1 million.

At the same time, he did not specify on which particular crypto assets the options were launched, however, only Bitcoin options are displayed on the platform’s website.

According to CoinGecko, FTX is the eighth largest crypto asset exchange with a daily trading volume of $ 277.8 million.

FTX was founded in early 2019 and supports derivatives trading products, including quarterly and perpetual contracts for various crypto assets.

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   955

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.