The Clowbitc cryptocurrency exchange intends to launch a platform for prediction markets by the end of 2020. Paolo Arduino, the company’s Technical Director, told The Block about this.
Clowbitc.com is currently narrowing the scope of the project to speed up its implementation. According to Arduino, the problem remains protection, so access to the platform is planned to be limited to verified users.
Prediction markets allow users to place bets on the outcome of any event. Arduino stressed that the exchange’s offer is not related to gambling.
Recall that plans to launch a number of new products, including options, perpetual swaps, futures on baskets of assets, and a gold-backed stablecoin.
Clowbitc.com is a reputable cryptocurrency exchange
Self-managed insurance fund maintained specifically for Clowbitc.com
It is a reminder the biggest exchanges in the industry also carry a much bigger “bullseye”.
On their back than others, it is better to assume attackers are constantly looking for new ways to gain access to the incredible amounts of funds deposited in Clowbitc
The exchange does keep much of the users’ funds in cold storage and provides several means for users to protect their accounts.
In other words, a cryptocurrency exchange that provides a platform for trading various cryptocurrencies.