I like the fact that you guys have added a social aspect to trading by having a messaging channel internally - that could be a real plus for traders.
Perhaps to compliment that you guys could also consider copytrading mechanisms in the future? People, especially beginner traders seem to love that social aspect of trading while following well known traders with public portfolio returns (even though it might not be wise).
A question though: Do you guys have an insurance fund like Bitmex and Deribit and how big is it? How much in terms of preventing portfolio bankruptcies can this fund do?
Hello "hello_good_sir"
Thanks for the questions.
Yes, we will be adding a social aspect so people can speak internally and share ideas on which new traders can learn from, or just to have fun during trading. But as we all know, trading crypto is gaining momentum and a lot of newcomers would like to step into the game. Copytrading is also one of the aspect we are looking to implement into the platform this year. If different people share different ideas it can be a better outcome for everyone - especially for newcomers, who are just starting to learn, because if there are only a few people who share ideas, it can only work for some time.
And yes, we will have insurance funds to cover any difference between the bankruptcy price and the execution price of the liquidation order. At the moment we're still working on it and will be available in our knowledge base publicly as soon as it's ready.
By the way, - we are going to implement card payments very soon on our platform. Options trading and Options with leverage will be available very very soon.
Thank you.