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Wintermute Introduces Multi-Currency Collateral for Capital-Efficient CFD Trading
The post Wintermute Introduces Multi-Currency Collateral for Capital-Efficient CFD Trading appeared on BitcoinEthereumNews.com. Wintermute, a leading algorithmic trading firm and liquidity provider in digital assets, has announced the expansion of its contract for difference (CFD) offering with the introduction of multi-currency collateral support. This initiative aims to enhance capital efficiency and flexibility in the derivative trading market, according to Wintermute. Innovative Multi-Currency Collateral Support Wintermute’s new multi-currency collateral support allows counterparties to post any cryptocurrency or fiat as margin collateral, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USD Coin (USDC), Tether (USDT), Euro (EUR), British Pound (GBP), and US Dollar (USD). This mechanism unlocks the full potential of crypto assets, enabling counterparties to maximize their capital utilization without needing to liquidate or convert assets to fiat, which is often the only accepted collateral type at other OTC desks. By using various tokens as collateral, counterparties can ensure that their assets are continuously generating value on multiple fronts, significantly enhancing trading efficiency. It also eliminates the need for additional foreign exchange (FX) conversions and on-/off-ramping costs, providing a more capital-efficient trading experience. Furthermore, counterparties gain greater control over their assets, allowing them to independently decide whether to off-ramp or retain exposure to crypto assets when posting collateral. Enhanced Trading Efficiency and Flexibility Evgeny Gaevoy, CEO and Co-Founder of Wintermute Group, commented on the development: “The maturation of the industry and market momentum have created new possibilities for advanced trading strategies that optimize capital utilization. Wintermute aims to deliver cutting-edge derivatives trading solutions, and with this latest update, we enable counterparties to make the most of their crypto assets. For instance, you can stake your ETH for yield, earn rewards, and use the staked ETH as collateral for trading. This way, while your ETH earns yield, you can still use it for trading, ensuring that your assets work for you on multiple fronts.” Expansion of…
The post Wintermute Introduces Multi-Currency Collateral for Capital-Efficient CFD Trading appeared on BitcoinEthereumNews.com.
Wintermute, a leading algorithmic trading firm and liquidity provider in digital assets, has announced the expansion of its contract for difference (CFD) offering with the introduction of multi-currency collateral support. This initiative aims to enhance capital efficiency and flexibility in the derivative trading market, according to Wintermute. Innovative Multi-Currency Collateral Support Wintermute’s new multi-currency collateral support allows counterparties to post any cryptocurrency or fiat as margin collateral, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USD Coin (USDC), Tether (USDT), Euro (EUR), British Pound (GBP), and US Dollar (USD). This mechanism unlocks the full potential of crypto assets, enabling counterparties to maximize their capital utilization without needing to liquidate or convert assets to fiat, which is often the only accepted collateral type at other OTC desks. By using various tokens as collateral, counterparties can ensure that their assets are continuously generating value on multiple fronts, significantly enhancing trading efficiency. It also eliminates the need for additional foreign exchange (FX) conversions and on-/off-ramping costs, providing a more capital-efficient trading experience. Furthermore, counterparties gain greater control over their assets, allowing them to independently decide whether to off-ramp or retain exposure to crypto assets when posting collateral. Enhanced Trading Efficiency and Flexibility Evgeny Gaevoy, CEO and Co-Founder of Wintermute Group, commented on the development: “The maturation of the industry and market momentum have created new possibilities for advanced trading strategies that optimize capital utilization. Wintermute aims to deliver cutting-edge derivatives trading solutions, and with this latest update, we enable counterparties to make the most of their crypto assets. For instance, you can stake your ETH for yield, earn rewards, and use the staked ETH as collateral for trading. This way, while your ETH earns yield, you can still use it for trading, ensuring that your assets work for you on multiple fronts.” Expansion of…
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