Gibraltar-based crypto derivatives exchange
Gibraltar-based crypto derivatives exchange quedex was granted a dlt license from the gibraltar financial services commission.
Gibraltar-based quedex is worlds first regulated crypto.
Trading of crypto derivatives does not entail actual buying or selling of bitcoins or any other crypto.
The gibraltar-based exchange announced it had been granted a distributed ledger technology (dlt) providers license by the gibraltar financial services commission (gfsc) for trading cryptocurrency derivatives and for crypto custody services.
Quedex, the gibraltar-based crypto derivatives exchange, has been awarded a licence by the gibraltar financial services commission.
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According to quedex, the license makes it the worlds first regulated cryptocurrency futures and options exchange.
Quedex claims to be the worlds first regulated crypto futures and options exchange quedex was granted a distributed ledger technology (dlt) providers licence for providing services of trading crypto derivatives.
The value of the derivative contract changed with the change in price of the underlying cryptocurrency and thus, trading derivatives in an alternative way to get exposure to the underlying cryptoasset or cryptocurrency.