Crypto.com Derivatives Exchange Introduces Multiple Guarantees

We are pleased to announce that the multiple collateral feature has been added to the Crypto.com derivatives exchange, users can now deposit USDT and USDC into their derivatives wallet as collateral against their perpetual and futures positions.

The multiple collateral feature will also facilitate automatic and manual conversion between USDT and USDC to provide flexibility for our users to manage their margin and balance. This new feature is compatible with Cross Margin, where the collateral is shared among all open positions in the user’s Derivatives Portfolio. Users can also enjoy discounted trading rates based on the amount of CRO they bet on the exchange.

We have worked hard to develop a completely new system architecture, with the fastest matching engine in the industry. Derivatives Exchange supports 2.7 million transactions per second, ultra-low core latency of 50 microseconds, and 5 ms end-to-end for consumer use.

Key points:

  • Deposit USDT and USDC as collateral
  • Convert USDT to USDC or vice versa
  • Cross margin support

Follow these simple steps to get started:

  1. Create a derivatives portfolio
  2. To transfer USDC / USDT from your Spot Wallet to your Derivatives Wallet
  3. Start negotiating!

How do derivatives work?

A derivative is a contract between two parties that is based on the value / price of an underlying asset. Common types of derivatives include futures, options, forward contracts, and perpetual contracts. Perpetual contracts allow traders to buy or sell the value of their ‘assets’, so the underlying asset itself is never traded, allowing them to better manage risk. Unlike futures and options, perpetual swaps do not expire or have a settlement date, and users can hold their positions for as long as they need.

Additional Resources:

User eligibility

Crypto.com Exchange users must complete advanced level verification to trade derivatives. Citizens or residents of the excluded jurisdictions listed here they cannot use our Derivatives services at this time.

Important note on derivatives trading

You should seek professional advice regarding your particular situation before trading derivatives. The risk of loss can be considerable. You may lose all or more of your Virtual Assets when trading. You may be asked on short notice to make additional Virtual Assets contributions. If you do not make such contributions within the prescribed time, your Virtual Assets may be lost without notice. Therefore, you should carefully consider whether such arrangements are suitable for you in light of your investment objectives, financial circumstances, your tolerance for risk, and your investment experience. You should be able to bear a total loss of the amounts invested as a result of or in connection with any order and any additional losses above the initial amounts invested that may be owed by you. When considering whether to trade or invest, or use any derivatives trading service or other service, you should educate yourself and be aware of the risks in general and, in particular, you should take into account the specific risk factors that may apply.

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