Innovative Points Program Launched by Arkham Intelligence for Cryptocurrency Derivatives Exchange

Blockchain analytics company Arkham Intelligence has introduced a rewards program to attract traders to its newly established cryptocurrency derivatives exchange. Traders can earn points by trading spot crypto and perpetual futures contracts, which can be converted to Arkham's native token, ARKM. The exchange, launched on Nov. 6, aims to cater to retail traders and compete with platforms like Binance. Arkham's exchange features live on-chain audits and proof-of-reserve, but is not accessible to individuals in the United States. The crypto market saw a surge after Donald Trump's victory in the U.S. presidential election, with many expecting positive impacts on the industry. The rise in crypto derivatives products, driven by retail traders, led to a trading volume exceeding $3 trillion in September. Notable launches in the derivatives market include Coinbase Derivatives Exchange and Crypto.com's North American derivatives exchange listing contracts tied to popular memecoins. Read more AI-generated news on: https://app.chaingpt.org/news