The cryptocurrency and derivatives market is bigger than ever!

Cryptocurrency has become more popular than ever, thanks to the increased visibility, and public support from famous personalities like Elon Musk Plus some impressive races.

This means that more people own and operate crypto accounts, as cryptocurrency exchanges and brokers are seeing greater transaction volume.

Public awareness of the industry is also at an all-time high, while with this new popularity, the sector is filled with competitors providing consumers with products and offerings, aimed at catering to the needs of crypto-hungry applications.

Derivatives traders face a big problem, but who do they turn to?

Previously there was greater demand for cryptocurrency-related products and services in general, and although this demand still exists, there is a greater demand for crypto-derivatives.

However, the journey into providing derivative services has not been straightforward. The current regulatory climate is often hostile to cryptocurrencies, especially as some lawmakers still view the industry with suspicion and disdain.

so that Binance One of the world's largest cryptocurrency exchanges, has been forced to suspend derivatives trading in several countries, due to regulatory issues.

As a result, derivatives traders who have accounts on the exchange, are now worried about their trades and their money, especially since the withdrawal limits have been reduced daily.

The question here is, is there a broker that these potential new cryptocurrency derivatives and traders can turn to? Derivatives traders may not have to search for an answer to their problems.

While the company Eightcap, an Australian broker, recently announced the launch of more than 250 of cryptocurrency derivatives, which is the largest volume of crypto derivatives in the industry.

subject Eightcap to organize by Australian Securities and Investments Commission (ASIC), And Financial Conduct Authority (FCA), And Cyprus Securities and Exchange Commission (CYSEC), And Securities Commission of the Bahamas (SCB).

Close EightcapIts customers have an alternative solution.

Clients of other brokerages and exchanges who are affected by the current issues will now have a new place for their crypto-derived trades.

The CEO also touched Eightcap، Joel Murphy, to organize by saying:

“The regulatory issues faced by cryptocurrency exchanges such as Binance, means that traders have unnecessary concerns about their money, and whether or not they can withdraw it.

With us, crypto derivatives traders will be able to have a seamless experience, from the moment they open an account, to the time they want to withdraw their funds.”

as progress Eightcap In addition to cryptocurrency derivatives, CFDs on forex, indices, commodities and stocks. More announcements from the company are expected soon.

While other crypto derivatives brokers have reported, they have already seen some benefits from these government regulations.

For example, the Chinese government is cracking down on cryptocurrency, and the administration of dYdX, a decentralized cryptocurrency derivatives trading platform, said adoption within China has increased as a result.

while exceeded dYdX, in a 26 September 2021, transaction volume Coinbase daily more than 15% to a record level 4.3 billion dollar.

also moved Antonio Juliano, Founder dYdX and a former employee of Coinbase, to me Twitter Twitter To share the news:

We can say that what distinguishes the cryptocurrency industry is its flexibility, and it seems that both the derivatives brokers and the investors themselves, are not under pressure, but are innovating towards the future and reaping the benefits.