In the wake of Black Thursday, Huobi Group’s derivatives platform launched a perpetual swaps product it says can help cryptocurrency traders profit from market volatility, and also hedge against it.
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Black Tuesday had much better visuals than Black Thursday, especially on the floor of the NYSE (Photo: Wikimedia Commons).Huobi DM putting brakes on margin calls
The new feature should slow or stop borrowers’ assets being automatically liquidated after sudden price crashes, which can cause “extensive user losses”
Derivatives trading platform Huobi DM has announced a new feature designed to “minimize user exposure during times of severe market volatility” in digital assets. Its solution is to unveil a new mechanism that performs liquidation gradually.