Coinspeaker Arkham Intelligence to Launch New Crypto Perpetuals Exchange with Transparent Audits and Rewards
Blockchain analytics firm Arkham Intelligence is set to attract retail crypto traders after a recent announcement by the firm. According to the announcement, it is planning to launch Arkham Exchange, its upcoming on-chain trading platform, which it claims will compete with notable exchanges like Binance and the rest.
As expected, this crypto perpetuals exchange will provide spot and perpetual trading pairs. However, it will also come with key transparency features, such as live on-chain audits and traceable proof-of-reserves.
Arkham Exchange is scheduled to begin trading within a week, bringing a new level of transparency and accountability to the fast-growing market.
Retail-Focused Arkham Exchange Offers On-Chain Audits, VIP Benefits, and a Unique Points System
Without a doubt, there is a rising demand for transparent trading platforms. In response to this demand, Arkham Exchange is coming in big into the market with a commitment to security and openness.
The firm confirms that its platform’s live on-chain audits allow users to verify holdings in real time. This means that they could easily access the exchange’s reserves at any point in time.
With such openness, the platform will definitely attract retail investors seeking trustworthy trading venues.
There is more up Arkham’s sleeves though. Arkham Exchange is set to also introduce a points-based rewards system. With this system, users can earn Arkham points based on their trading volume, while those with VIP accounts enjoy a 10% boost on their points.
The points will come in handy after the first 30-day trading period, as users may then begin to redeem them for ARKM tokens. after the first 30-day trading period.
As for the VIP members, they have the opportunity to increase their earnings by referring new users and making nominations through Arkham’s Intel Platform.
In all of this, Arkham has said that its upcoming exchange will not be available to traders in certain regions. That includes those resident in the United States.
While it did not share the exact reason for this exclusion, it may be linked to regulatory restrictions in the region.
New Competitor in a Growing Market
As earlier noted, Arkham Exchange’s launch could not have come at a better time. If not anything else, the trading volumes in September alone surpassed $3 trillion, signaling the incredible demand for crypto derivatives.
With the market showing such an increasing appetite for derivatives and perpetual trading options, it might be understandable why Arkham Intelligence will be seeking to offer the services.
Moreover, its reputation as a blockchain analytics leader already gives Arkham Exchange a good headstart in its bid to become a go-to platform for retail traders worldwide.
Supported by $12 million in funding from investors, including Sam Altman, co-founder of OpenAI, Arkham Intelligence’s venture into the perpetuals exchange space could shake up the market and give traders a new, transparent option.
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Arkham Intelligence to Launch New Crypto Perpetuals Exchange with Transparent Audits and Rewards
