Quedex Bitcoin Futures Trading Platform Is Ready To Roll With Gibraltar’s GFSC DLT License
The Quedex, Which Is A Bitcoin Futures Exchange Is Set For The Gibraltar DLT License
The Quedex, which is a Bitcoin options and futures exchange has just gone ahead to announce that the GFSC, Gibraltar Financial Services, has gone ahead to make an in-principle decision, it is the decision to issue the Distributed Ledger Technology license, referred to as the DLT, to the Quedex platform.
It was an in-principle decision, which means this is the final stage of the authorization process for the license. Thus, Quedex will need to satisfy certain conditions with respect to the GFSC before they are able to obtain the licensee.
More On The Quedex Platform
The platform has been established to offer its various users with an opportunity to quickly trade in the options and futures contracts that are within the crypto space. All this been done on a fully fledged, secure and transparent platform. The platform has been able to give its client base, one that consists of miners, investors, hedgers, and the active traders a unique opportunity of hedging against the crypto-coin volatility.
“The in-principle decision is a landmark moment for us. The license that we are now well on our way to obtain will give customers additional protections that they can’t get anywhere else, for example around IT security, financial auditing processes and policies around effective corporate governance arrangements. It will help push crypto from unregulated grey areas into transparent environments and we are very proud to be pioneering this movement.’’ Wiktor Gromniak, CEO and co-founder of Quedex.
The company has been backed by several committed investors that have gained a deep knowledge of the current DLT economy. Among them is Wojtek Kostrzewa, who is the former CEO of the media holding ITI together with the former CEO of the mBank plus many other high profile c-level roles.
At the moment he is serving as part of the chairman Parnell within the company to his current responsibility as the CEO of the very successful startup.
At the moment the Quedex company is currently trading on the BTCUSD products. And from here the company is planning on having a further expansion on its product offering to the different altcoins that are in the market in the near future, clearly something to look out for.