Exchanges

13/08/19 08:00 UTC-4

New cryptocurrency exchange attracted $4 million from large investors

Coinbase and other major investors have supported a $4.3 million start-up round of financing for the upcoming Blade cryptocurrency exchange.

 

Blade Exchange financing

SV Angel, A.Capital and Slow Ventures venture firms also sponsored Blade, according to a TechCrunch report on August 12th.

The report notes that, Blade is committed to providing cryptocurrency-based perpetual swap contracts with three new enhancements:

  • Perpetual contracts will be drawn up using standard, simple contracts;
  • Tether coin will be used for calculation and markup;
  • Transactions can be used up to 150 times higher than their prices for cryptocurrency tradingTrading
    – is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
    pairs.

As cryptocurrency news shows, Blade is a new cryptocurrency derivatives exchange that will be launched in three weeks.

Large investors supported the $ 4.3 million start-up round of financing the Blade cryptocurrency exchange. Recall that on Friday, August 9, Coinbase announced that it was stopping support for the Zcash cryptocurrency (ZEC) for its customers in the UK.

Editor: Godfrid Brower

See also: "Suspicious activity on Beaxy exchange led to a halt in trading"

#cryptocurrency #Exchange #investors

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