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Title: [ANN] Kollider - Trade perpetuals on the Lightning Network Post by: Kollider on August 05, 2021, 12:44:56 PM What is Kollider?
Kollider is a derivatives trading platform using the Bitcoin Lightning Network to allow traders to instantly fund and settle positions directly from their own wallet. The Alpha trading program is live and can be accessed at https://kollider.xyz (https://kollider.xyz), where you can sign up to trade and offer feedback. Why Lightning? The Bitcoin Lightning Network enhances the way traders can access cryptocurrency markets. Using Lightning, a trader can keep their Bitcoin in their own wallet and only transfer the amount required to open a position during position creation, no pre-funding required. Moreover, any P&L remaining from a closed position can be instantly settled back to the trader's wallet after they close the position. In essence, using Bitcoin over the lightning network provides traders with the ability to instantly access markets without prefunding a trading account or exposing themselves to excess counterparty risk. Kollider currently uses Bitcoin as the margin currency for all positions, and all P&L is also denominated in Bitcoin. Right now, 5 perpetual futures contracts settled in Bitcoin are available to trade in the Alpha testing programme. BTC/USD ETH/USD DOG/USD BCH/USD LTC/USD Try it out at https://pro.kollider.xyz/ (https://pro.kollider.xyz/) Title: Re: [ANN] Kollider - Trade perpetuals on the Lightning Network Post by: dkbit98 on August 05, 2021, 02:28:59 PM Using Lightning Network for perpetual and leverage trading is a good idea and I see that you also have a referral system that may attract new users.
It shows on your website that Kollider is only available for alpha testing and I don't see much trading volume, but before I register, I wonder if there is any kyc verification for customers? Reason I am asking that is because I see only USD currency and not some stable coin, and I couldn't find any information about that on your docs page. Title: Re: [ANN] Kollider - Trade perpetuals on the Lightning Network Post by: logfiles on August 07, 2021, 10:43:26 AM Using Lightning Network for perpetual and leverage trading is a good idea and I see that you also have a referral system that may attract new users. They will be doing an inverse perpetual, which means BTC, ETH etc. will be the base currency for settlement and not USD just like how Bitmex used to do with XBT (BTC) in the beginning.It shows on your website that Kollider is only available for alpha testing and I don't see much trading volume, but before I register, I wonder if there is any kyc verification for customers? Reason I am asking that is because I see only USD currency and not some stable coin, and I couldn't find any information about that on your docs page. KYC might come into play later. I don't see their terms and conditions yet, but that has been the trend if they turn out to be a huge exchange. Agencies like CFTC (Commodity Futures Trading Commission) will be on their neck with lawsuits. |