RightBTC Lists Dropil (DROP)

Dropil (DROP) trading on RightBTC started on March 29
29 March 2018   572

RightBTC cryptocurrency exchange added Dropil (DROP) to its market on March 29. DROP/BTC and DROP/ETH pairs are available for trading.

About Dropil

A key aspect of the Dropil services is the automated smart trading robot platform, internally and externally referred to as Dex. This platform is not a single bot or strategy, but rather a carefully curated and tested set of automated bots – all designed and programmed 100% in house. 

DropilDropil

The strength of Dex is rather a system that allows very safe, strong net returns, with minimum user oversight. Dex supports running different modes which are a combination of logic optimized for specific tasks. Each mode contains a set of multiple strategies at its disposal and will automatically and autonomously switch to the most efficient strategy in reaction to market changes. 

DROP chartsDROP charts

Price at the moment of press: $0,005
24h volume: $117 200

All the information regarding new tokens and coins which are hitting the markets and exchanges in 2018 you can see in our calendar.

Bakkt Won't Support Margin Trading

CEO of a trading site shared new information about the platform
21 August 2018   114

The CEO of Bakkt trading platform Kelly Loeffler said that the site will not support margin trading, and all transactions will be fully secured with assets.

A critical element to price discovery is physical delivery. Specifically, with our solution, the buying and selling of Bitcoin is fully collateralized or pre-funded. As such, our new daily Bitcoin contract will not be traded on margin, use leverage, or serve to create a paper claim on a real asset. This supports market integrity and differentiates our effort from existing futures and crypto exchanges which allow for margin, leverage and cash settlement. 
 

Kelly Loeffler

CEO, Bakkt

Also, Kelly Loeffler told new details about the upcoming platform. Thus, at the present time, a robust framework for the creation of an exchange is being developed. This framework will have several important characteristics, including compliance with regulatory requirements of regulators, a transparent system of pricing for assets and infrastructure at the institutional level.

Parent company of the New York Stock Exchange (NYSE), one of the world's largest financial corporations Intercontinental Exchange (ICE) in partnership with Microsoft, Starbucks and BCG are engadged in creating Bakkt.

Bakkt's ecosystem will include federally regulated exchanges, custodian services, applications for merchants and users. Bitcoin, as the most liquid crypto currency, will be the first in the listing of the new platform and will be traded in pairs with fiat currencies.