DBOE Revolutionize Cryptocurrency Derivatives Market with European Options

DBOE (DeFi Board Options Exchange) is excited to announce the launch of its European Options product, which will expand the range of crypto derivatives available in the market. Investors can now leverage the platform to trade European-style options on a diverse selection of digital assets.

DBOE has revolutionized the cryptocurrency options industry with its innovative Bull and Bear Spread, an exclusive feature that sets DBOE apart from other traditional options trading platforms. This feature allows investors to select from a range of prices and flexible option premiums, enabling them to customize their trades to meet their specific needs.

Additionally, the Bull and Bear Spread offers an additional advantage to investors, by providing a loss-limiting feature that can help safeguard their portfolios against unforeseeable risks. This feature is particularly valuable to options sellers who seek to hedge against potential losses. Due to this benefit, DBOE can offer a full range of options positions including long call, long put, short call, and short put options, which promises to bring a comprehensive and useful trading experience to every options investor.

"We believe that DBOE is at the forefront of the crypto options market. Our unique features, such as the Bull and Bear Spread, and the combination of DeFi and CeFi technology, provide users with a safe and flexible trading experience", said David Nguyen - DBOE Co-Founder.

DBOE's trading platform is built on DeFi and Web3 technology, combining the best features of both DeFi and CeFi. This new hybrid model marries a central limit order book (CLOB) and a decentralized matching smart contract, ensuring maximum liquidity and transparency while providing the highest levels of security. This pioneering approach is set to transform the industry, providing users with a more seamless and efficient trading experience.

Mr. David added, "DBOE is committed to offering its users a secure and transparent trading platform for crypto options. The introduction of European Options demonstrates our commitment to expanding our options range and solidifying our position as a leading decentralized exchange (DEX) for crypto derivatives. This move is set to elevate the trading experience for users and highlights DBOE's ongoing efforts to innovate and remain at the forefront of the industry.”

DBOE has taken a major step towards bolstering its compliance framework by partnering with blockchain analytics firm, Chainalysis. The move is aimed at boosting consumer and investor confidence in trading crypto options and derivatives. Through Chainalysis' cutting-edge blockchain data platform, DBOE will be able to implement robust Know Your Transaction (KYT), Anti-Money Laundering (AML), and Counter-Terrorism Financing (CTF) measures. This will involve real-time monitoring of cryptocurrency addresses on DBOE's platform, allowing for the detection of potentially illicit activities and the launch of investigations as necessary. Mr. David underlined the importance of maintaining full compliance with regulatory authorities to provide the crypto community with a scalable and superior options market.

About DBOE Exchange.

Launched in 2022, the exchange has already introduced ETH Options on its mainnet since 21 August 2022, capturing the attention of crypto enthusiasts worldwide. With the upcoming mobile app launch in April 2023, DBOE is making it easier than ever to trade on the go. This move is expected to significantly enhance the user experience, providing access to DBOE's cutting-edge platform at the fingertips of users. With these developments, DBOE is well-positioned to become a leading player in the crypto options market, catering to the evolving needs of users and setting new standards for the industry.

See how to start trading on DBOE Exchange here:

About DBOE Academy.

DBOE Academy is a part of DBOE project, which provides investors with an extensive educational resource, equipping them with the basic knowledge of crypto options trading, and keeping them updated with the latest news, events and platform competitions. These include exciting opportunities such as airdrop events, "How to Master Options" or "Predicting ETH prices" competitions, all designed to enhance users' skills and awareness of the crypto options market. With DBOE Academy, investors can confidently navigate the world of crypto options trading, setting themselves up for success and realizing their investment goals.

SOURCE: DeFi Board Options Exchange (DBOE)