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Deribit Said It Provides Anonymous Transactions

The encrypted options trading platform Deribit said that it provides anonymous transactions, so the number of customers and positions are not as public as most exchanges.

But relative to its overall book risk, QCP Capital’s open position on the exchange is small. Their assets on the exchange far exceed their initial margin.

Deribit also said that despite the events of Three Arrows Capital and FTX, it can still achieve profitability in 2022.

Deribit has daily released the gold standard in proof of reserves, providing comprehensive insights into all liabilities for all tokens.

Customers can also think about making a deposit with one of the exchange custodians, such as Copper or Cobo, and work is being done to accept a third on-chain solution.

Then the exchange stated it did not have any large and risky positions with Alameda Research, the sister company of beleaguered crypto exchange FTX.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.