The post Arkham Launches Points Program for Traders on New Derivatives Exchange, Introducing Opportunities for ARKM Conversion appeared on BitcoinEthereumNews.com.

Blockchain analytics firm Arkham Intelligence is making waves by launching a rewards program for its new cryptocurrency derivatives exchange. This initiative is designed to attract traders and enhance trading activity by allowing participants to convert points earned into Arkham’s native token, ARKM. According to Arkham’s official announcement, “Traders can earn points from trading spot crypto and perpetual futures contracts, incentivizing real market engagement.” Arkham Intelligence launches a 30-day points program for its new derivatives exchange, allowing traders to convert points into ARKM tokens. Arkham’s Points Program: Incentives for Traders in a Competitive Market In a bid to enhance user engagement and attract retail traders, Arkham Intelligence introduced a comprehensive points program for its recently launched cryptocurrency derivatives exchange. This initiative, lasting 30 days, allows traders to earn points through trading activities, which will later be convertible to Arkham’s native token, ARKM. This strategy not only aims to incentivize traders but also positions Arkham as a competitive player against established exchanges like Binance. The launch of the exchange itself, which occurred on November 6, is indicative of a broader trend where new platforms are seeking to carve out their share in the burgeoning crypto derivatives market. Understanding Arkham’s Unique Selling Proposition in Crypto Derivatives Arkham’s exchange differentiates itself by integrating on-chain audits and proof-of-reserve (PoR) features, showcasing a commitment to transparency and security that is highly valued in the crypto space. Unlike other exchanges, Arkham’s platform offers live data insights, enabling traders to make informed decisions based on real-time analytics. Notably, the exchange is tailored for retail traders, excluding the U.S. market, which could limit its initial user base but may foster a stronger community in regions where it is available. This localized approach allows Arkham to focus on meeting the specific needs of non-U.S. traders and integrate feedback directly into…

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Filed under: News - @ November 15, 2024 12:25 am