New Crypto Derivatives Exchange Launches LXDX Warrants Available for Trading Now
LXDX, a new cryptocurrency derivatives exchange, announced LDX Warrants, its first derivative product. According to a press release, the company said that LDX warrants is now available for users to trade
Launched in December 2018, LXDX aims to offer cryptocurrency investors access to institutional liquidity through products that are not readily available. It lets users trade and get higher returns with just a small capital that’s required in spot trading. Combined with hedging functionality, derivatives further help institutional investors have more successful strategies.
No Socialized Losses with LXDX
According to LXDX, its platform doesn’t socialize losses or, for that matter, get involved in auto-deleveraging. This means that investors won’t have to worry about bearing collective risk.
Bo socialized losses doesn’t exist in the market currently, as per LXDX. It, therefore, offers a rare opportunity to facilitate more trading on a global scale.
Speaking about this matter, the co-founder and CEO of LXDX, Joshua Greenwald, said that:
“Institutional investors find socialized losses unacceptable because they eradicate a derivative’s value as a hedge. Institutional investors simply won’t invest if socialized losses are present. Retail investors should be no different. Our mission with LXDX is to make trading in these markets much better by leveling up the infrastructure and passing on the profit—not the risk—to investors…As we raise the bar and our expectations of our trading venues, the whole system grows. LXDX is the exchange for the million token future and all of the opportunity that it creates.”
An Exchange With a Strong Team Behind It
LXDX boasts a strong team behind it. It was developed by a team with years of experience when it comes to building trading infrastructure for capital markets, which include Laurion Capital, DRW, and Tower research.
With the newly launched LXDX exchange, the team hopes to bring innovative products to the retail cryptocurrency investors, allowing them to get an opportunity to access same scalability and speed that institutional investors get in traditional markets.
Speaking about their mission, the co-founder and CFO of LXDX, John Hazen, noted that:
“We believe that crypto traders deserve the same caliber of technology that institutions have enjoyed for years. That means lightning-fast trades and a variety of options to capitalize on volatility…So, we built it.”