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Crypto firm Crypto.com extends sub-accounts to its derivatives exchange Crypto firm Crypto.com extends sub-accounts to its derivatives exchange Shaurya Malwa · 3 years ago · 1 min read
๐Ÿšจ This article is 3 years old...
Partner News โ–ธ Derivatives

Crypto firm Crypto.com extends sub-accounts to its derivatives exchange

Users can now diversify their trading strategies with independent balances, margins, and positions.

Shaurya Malwa
Oct. 21, 2021 at 1:47 pm UTC
1 min read
Updated: Oct. 21, 2021 at 1:57 pm UTC
Crypto firm Crypto.com extends sub-accounts to its derivatives exchange

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Crypto.com sub-accounts are now extended to derivatives products, in addition to spot and margin trading on the crypto exchange, it said in a release shared with CryptoSlate today.

Derivatives are financial instruments that track the price of which is determined by the value of their underlying asset. This allows investors and traders to bet on the prices of that asset, without the hassles of custody and ownership.

The feature allows users to create multiple Sub-accounts under the Master Account, so they can trade with independent balances, margins, and positions.

Users can experiment and diversify trading strategies by isolating funds, positions, margin, or access. This feature is open to both institutional and retail users.

The feature can be accessed via the โ€˜sub-accountโ€™ tab on Crypto.com, alongside the other features offered by the Crypto.com website and app

Founded in 2016, Crypto.com is an all-encompassing crypto application offering trading, investing, lending, DeFi, and NFT services to both retail and institutional users.ย  Over 90 cryptocurrencies are available to U.S. traders, with users able to earn interest on crypto holdings at a higher rate than the best high-yield savings accounts.

Disclaimer: Crypto.com is an advertising partner of CryptoSlate.

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Posted In: Derivatives, Exchanges, Trading
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Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

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Crypto.com

Exchange Company in Asia

Crypto.com was founded in 2016 on a simple belief: itโ€™s a basic human right for everyone to control their money, data and identity.

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