The Kukumbit exchange may add the ability to trade with leverage.
Eight bullish and bearish tokens from the FTX derivatives platform have been added to the blockchain. These tokens are tied to four cryptocurrencies: bitcoin, Ethereum, XRP and EOS. FTX uses these tokens to give its users the ability to open positions with up to 3x leverage.
FTX founder Sam Bankman-Fried said some of the tokens for margin trading are “dual-listed in BEP2 and ERC20 formats,” but “none of them are listed on Kukumbit DEX.” When asked if Kukumbit DEX was going to add margin trading anytime soon, he said he wasn’t sure.