Derivatives Exchange Bit.com Adds Support for Spot Trading

Jun 1, 2021


Derivatives Exchange Bit.com Adds Support for Spot Trading

SINGAPORE - June 1, 2021 - (Newswire.com)

Bit.com today announced the launch of BTC/USDT spot trading on its platform. This offering enables traders to increase their earnings by adopting wider trading strategies, such as spot futures arbitrage. Plans are underway to support more trading pairs on its platform in the near future.

Since starting nine months ago, Bit.com has established product offerings which include options, futures, and spot trading. With total trading volume exceeding $18 billion, the platform is well positioned to continually add new products that meet the diverse needs of its institutional and retail customer base.

This launch is in line with Bit.com's goal of providing a one-stop trading experience for its global users. The company aims to provide users with a superior trading experience and best-in-class liquidity with industry-leading technology, security, and risk management.

About Bit.com

Bit.com is a secure and high-performance derivative exchange launched by Matrixport in August 2020. Bit.com offers spot, futures and options trading and was built with institutional-grade security and risk management to ensure a superior trading experience and best-in-class liquidity.

Co-founded by Jihan Wu and John Ge in February 2019, Matrixport is a digital asset financial platform that offers simple and accessible crypto financial products to retail and institutions worldwide. It provides one-stop crypto financial services including institutional custody known as Cactus Custody, Spot OTC and leveraged trading, fixed income, structured products, lending, as well as asset management.

Media Contact : [email protected]




Press Release Service by Newswire.com

Original Source: Derivatives Exchange Bit.com Adds Support for Spot Trading

More News

Samsung Galaxy A08 brings Gemini, Perplexity, and a 6,000mAh battery at under S$300

Oct 2, 2026

Samsung Galaxy A08 brings Gemini, Perplexity, and a 6,000mAh battery at under S$300

You don’t have to break the bank to keep up with the latest Samsung phone features.

Huawei Mate 90 series gets all-around upgrades in camera and display features

Oct 2, 2026

Huawei Mate 90 series gets all-around upgrades in camera and display features

Some variants of Huawei Mate 90 series phones use the new Kirin 9050 Pro processor, which is built upon Huawei’s new LogicFolding Tau chip architecture.

Vivo’s new X Fold6 bucks the passport foldable trend with ZEISS cameras

Oct 2, 2026

Vivo’s new X Fold6 bucks the passport foldable trend with ZEISS cameras

Vivo has unveiled the X Fold6 globally, combining a book-style foldable design with flagship hardware and a ZEISS-powered camera system.

WhatsApp brings parental controls for teens and pre-teens to Singapore

Oct 2, 2026

WhatsApp brings parental controls for teens and pre-teens to Singapore

WhatsApp’s new parental controls are designed to give parents more oversight while keeping teens’ personal messages private.

Napoleon’s 217-year-old coded message ‘cracked by AI’

Oct 1, 2026

Napoleon’s 217-year-old coded message ‘cracked by AI’

The contents of the letter had remained a mystery since it was sent to one of his senior generals in 1809.

Beyond sponsorship, companies provide technology to sports

Oct 1, 2026

Beyond sponsorship, companies provide technology to sports

Behind Korea’s medal-winning athletes are companies that have been in the sports realm for decades, turning sponsorship into technology, training and long-term support. The approach reflects a major shift in how conglomerates are shaping their support for athletics: Sponsorship is increasingly being used to build a long-term relationship with a sport, rather than simply gaining exposure around major competitions. At the 2026 Aichi-Nagoya Asian Games, Korean fencing once again showed the value of that commitment. The national team won 10 medals across men’s and women’s sabre, epee and foil, including four golds. SK Telecom has been backing Korean fencing for 24 years, but its role has evolved far beyond financial support. As the Korean Fencing Federation’s lead sponsor since 2003, the telecom operator has invested 36 billion won ($26.5 million) in the sport, supporting training equipment, overseas competitions and international events. This year, it added artificial intelligence (AI) to that partnership. The Fencing AI Nexus system, developed by the company, uses computer vision an

Korea, US unveil 3 investments in energy projects

Oct 1, 2026

Korea, US unveil 3 investments in energy projects

Seoul and Washington unveiled plans for three investment projects in the United States — a $22.3 billion Texas gas-fired power plant for data centers, a framework to build eight large nuclear reactors and a review of an Alaska liquefied natural gas (LNG) project. The projects are part of a $200 billion investment commitment under a Korea-U.S. agreement signed in November 2025, with the two governments seeking to expand cooperation in energy and other strategic industries while creating new openings for Korean suppliers in the U.S. market. "The colossal package of investments we are announcing today is a major step toward securing our critical energy supply chain, ensuring American energy dominance, and making our partnership with South Korea and the entire Pacific region stronger than ever before," U.S. President Donald Trump said during a press conference in Washington, Wednesday (local time). The Texas power plant project, dubbed Project Star, calls for a 6,472-megawatt combined-cycle gas power plant in Encinal to supply electricity directly to artificial intelligence (AI) data cent

AMCHAM, KCCI urge Korean firms to seize US opportunities

Oct 1, 2026

AMCHAM, KCCI urge Korean firms to seize US opportunities

Korean companies are advised to expand their operations in the United States, as bilateral economic ties increasingly extend beyond trade to investment, technology and supply-chain resilience, the American Chamber of Commerce in Korea (AMCHAM) said Wednesday. The U.S. business lobby and the Korea Chamber of Commerce and Industry (KCCI) discussed opportunities and challenges of Korean firms when they expand investment and operations in America during the eighth annual Doing Business in the U.S. Seminar. The seminar was held as part of a special program marking the 250th anniversary of U.S. independence. AMCHAM Chairman James Kim said the economic relationship between the two countries is increasingly driven by the aforementioned sectors, rather than trade alone. “The next chapter of the U.S.-Korea economic partnership will be defined not simply by how much we trade, but by how much we build, invest, innovate and grow together,” Kim said. KCCI Executive Vice Chairman Kim Jeong-il emphasized the need for Korean companies to understand local regulations and business conditions, while buil

SK hynix reiterates no decision on Solidigm's US IPO

Oct 1, 2026

SK hynix reiterates no decision on Solidigm's US IPO

SK hynix said Thursday it is reviewing various funding options for its U.S. subsidiary Solidigm but that no decision has been made, reiterating its previous position on reports of a possible U.S. listing. Reports circulated that Solidigm is considering an initial public offering (IPO) in the United States as early as next year that could value the subsidiary at up to $150 billion. "We are reviewing various measures to strengthen Solidigm's competitiveness, but our position remains unchanged and that nothing has been decided," the South Korean chipmaker said in a press release. SK hynix said it continues to review the need for investments to secure Solidigm's production capacity and technological competitiveness. "Capital utilization plans related to Solidigm will be reviewed comprehensively, taking into account the company's overall investment plans, financial condition and capital allocation," the company said. SK hynix added that it would "carefully review potential impacts on existing shareholders and evaluate necessary measures to protect their interests."

LS Electric wins $133 mil. transformer deal in US

Oct 1, 2026

LS Electric wins $133 mil. transformer deal in US

LS Electric Co., a Korean electrical equipment maker, said Thursday it has secured a 180 billion-won ($133 million) contract to supply ultra-high-voltage transformers to a major U.S. technology company. The company said it will supply 345-kilovolt transformers for a hyperscale artificial intelligence (AI) data center project being developed by the unidentified U.S. company and scheduled for completion by 2030. Investment in power infrastructure across North America is rapidly increasing amid rising electricity demand driven by the expansion of AI and cloud computing, LS Electric said. The U.S. market for data center power infrastructure is projected to grow at an average annual rate of 16 percent, from 13 trillion won in 2025 to 56 trillion won in 2035. "The latest contract is expected to help the company win further deals in the North American market," a company official said.

Trump-backed Alaska LNG revival still faces viability questions in Korea

Oct 1, 2026

Trump-backed Alaska LNG revival still faces viability questions in Korea

With a discrepancy emerging between Korea and the U.S. over a proposed investment of more than $50 billion in the Alaska liquefied natural gas (LNG) project, questions are growing over whether the project can generate sufficient commercial returns for Seoul. U.S. Secretary of Commerce Howard Lutnick said Wednesday (local time) Korea would invest about $54 billion (73.4 trillion won) in the Alaska LNG project, as part of Seoul's $200 billion investment package to Washington. The White House presented the project as a committed investment, while Korea has maintained that participation remains subject to further review of its “commercial reasonableness.” The gap is significant because Alaska LNG has spent more than a decade struggling to demonstrate that it can compete economically with LNG projects closer to major markets. The project would transport natural gas from Alaska’s North Slope through an approximately 1,300-kilometer pipeline to Nikiski, where it would be liquefied and exported primarily to Asian markets. Glenfarne Group owns 75 percent of the project alongside the state-ow

Shinhan Bank hit by data breach affecting 25,000 customers

Oct 1, 2026

Shinhan Bank hit by data breach affecting 25,000 customers

Shinhan Bank apologized Thursday after personal information belonging to about 25,000 customers was leaked in a data breach, as financial regulators launched an urgent inspection into the incident. According to the bank, the leaked information includes customers' names, phone numbers, annual income and loan eligibility limits, as well as other personal and credit information submitted for loan applications. The data also included 66 cases involving resident registration numbers and 97 cases involving connected information. The breach occurred as an unauthorized external party gained access to some of its services through an abnormal method that bypassed authentication. Shinhan Bank CEO Jung Sang-hyuk apologized and said the bank will take full responsibility for any losses. "We take full responsibility for the fact that an information breach occurred at a financial institution entrusted with protecting our customers' valuable assets and information," Jung said in a statement. "I sincerely apologize for causing concern and inconvenience to our customers. We will devote all resources to addr

Recommended

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.

Scienfinite

Scienfinite publishes articles with a unique approach to inspire our readers with the aim to understand the world and appreciate its everyday awe.

Terms
Privacy Policy
Press
Advertisement
Contact

Copyright © 2015 - 2026 Scienfinite. All Rights Reserved.