At Consensus 2018 in New York Bitfair, introduced a derivative trading platform to the Cryptocurrency market. It is expected that CoinDesk will update on the most recent developments of this announcement. This move, could help garner new attention to the space which will in turn support Bitfair’s creative investment options.
To date, the Cryptocurrency space has only been known for his digital coin technology which has created gross profits for some investors but not without the higher risks. Whereas, by Bitfair creating this platform, they are able to create safer investment risks, expand their investment portfolios and use it to leverage information about the crypto market.
It is expected that with these advancements, Bitfair will enhance the Cryptocurrency space significantly. While at the Blockchain Summit, Founders of Bitfair, Thomas and Greg van der Spuy were able to connect with thousands of executives, investors, elected officials and many other participants from all around the world. This, will help them establish a promising future.
Hellloooooo New York! Co-founder @GregvanderSpuy is excited and ready for business at #Consensus2018. We'll be posting some more pictures, videos, and news over the next couple of days, so please check in often to make sure you don't miss anything! pic.twitter.com/9ww0Xp4gkM
— Bitfair HQ (@BitfairHQ) May 10, 2018
Consensus, is a Blockchain Summit that has been around for the past four years. In 2017, this summit attracted thousands of attendees that span across more than 70 countries and what is interesting is that more than 35% of those are business executives. Most of the global attention however, is from North America, Asia, Europe, Africa and South America. North America however making up the majority.
Although there has been a lot of noise in the Crypto space, Bitfair is one that stands out for sure. It is making it possible to trade derivatives as mentioned above, which adds flexibility to the existing blockchain investment world.
Noteworthy, is that with the Bitfair platform, investors can profit both upward and downward meaning if an investor is conscious of a cryptocurrency not going to succeed they can use this knowledge for gain instead of dismay.