The AXI online broker announced today the launch of encrypted encryption contracts, a move designed to give traders a more transparent, safe and rational way of accessing the rapidly growing encryption derivative market.
The new Axi’s new contracts are directly settled in Fiat coins. This reduces the risk of counterparty, eliminates the hidden conversion costs and offers traders more clarity over others and performance.
“Many traders are forced to operate in opaque environments where the risks are not always clear,” said Stuart Cooke, head of the new business at AXI. “With the introduction of perps set by Fiat, we remove from this model. Traders get the same exposure and flexibility of encryption derivatives, but within a more transparent, adjustable and secure framework.”
For Axi, launch enhances the vision of “Everything in One Platform”, and is aimed at one of the most pressing challenges facing encryption markets: Trust Investor.
“Transparency and justice are not optional extras – it is what will determine the future of negotiation,” Cooke added. “Our role is to give traders the confidence that comes from knowledge of the rules of the game.”
The Fiat Crypto Perps is immediately available to eligible customers.