Japan Can Have More Than 3M Crypto Traders, FSA Says

As of the end of March, 142 000 people in the country are investing in crypto-margin positions and futures
10 April 2018   574

The Financial Services Agency of Japan (FSA) for the first time published official statistics on cryptocurrency trading. Judging by the data collected on 17 trading floors, as of March 31, at least 3.5 million people in the country are engaged in digital assets trading. This is reported by Coindesk.

Among them, traders under 30 years old make up 28%, up to 40 years 34%, and up to 50 years - 22%, respectively. It is noted that the publication of this data was the next step of the FSA on the way to increasing the transparency of the local crypto exchange industry after the of more than half a billion dollars stolen from the Coincheck exchange.

In addition, according to the regulator, as of the end of March, 142 thousand people in the country are investing in crypto-margin positions and futures.

It is noteworthy that the annual trading volume directly by bitcoin increased from $ 22 000 000on March 31, 2014 to $ 97 000 000 000 in 2017. At the same time, trading in margin, credit and futures positions on bitcoin increased from $ 2 000 000 in 2014 to $ 543 000 000 000 only in 2017.

Caspian to Launch Crypto Derivatives Trading

Caspian does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x
21 March 2019   83

Caspian, an asset-oriented asset management platform, has launched cryptocurrency derivatives trading.

Thanks to integration with Deribit, Caspian customers gained access to trading in futures and options for Bitcoin and Ethereum. Also, the platform will provide the opportunity to trade indefinite bitcoin-swap.

According to Caspian, the platform does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x.

We are excited to be working with Deribit to make the trading of crypto options and futures possible within the institutional community. Our goal at Caspian is to provide crypto traders and investors the same standard of tools and service that exist in the traditional markets and its great knowing that the team at Deribit is working towards the same high standards.
 

Robert Dykes

CEO, Caspian

Caspian noted that their platform connects to Deribit via an API that supports “large trading volumes with extremely low latency”. The platform also has full access to the book of orders of the crypto-derivative stock exchange.