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CoinDCX Stops Accepting New Futures Positions, Blames Liquidity Provider

(2 hours ago) · 1 source · Summarized by CryptoBipto

Indian cryptocurrency exchange CoinDCX has halted the opening of new futures positions on its platform. The exchange cited issues with its liquidity provider as the reason for the suspension.

WHY IT MATTERS

When you trade on a crypto exchange, the exchange often relies on outside companies called liquidity providers to make sure there is enough money and activity on the platform for trades to go through smoothly.

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SOURCES

  • thedefiant.io

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Exchange OperationsFutures TradingLiquidityCoinDCXIndia Crypto