Crypto.com Announces Plans for Derivatives and Margin Trading

  • Crypto.com has announced plans to launch derivatives and margin trading by the end of the year.
  • The exchange has overhauled matching engine and order management software to support high-leverage trades. 

The Hong Kong-based cryptocurrency exchange Crypto.com is launching a suite of new features for derivatives and margin trading. 

According to an announcement made June 18, the exchange is upgrading its system with a new matching engine and order management software which will allow users to trade derivatives. The new features will also allow for high-leverage margin trading, which the exchange plans to launch by the end of the year. 

In addition, the announcement claims that Crypto.com intends to offer users lending features and over-the-counter (OTC) crypto services. 

Kris Marszalek, co-founder and CEO of Crypto.com, said in a statement, 

We launched the Crypto.com Exchange last Fall with a goal of creating a trading platform so secure, liquid and user-friendly that it becomes a natural choice for both institutional and retail customers.

Crypto.com, which launched its beta six months ago, currently provides users with a storage wallet, credit card, and interest-yielding crypto savings account, in addition to its exchange services. 

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