BloFin Shakes Up Crypto Derivatives Market with Bitcoin & Ethereum Coin-Margined Contracts
Breaking: BloFin just dropped a grenade in the crypto derivatives arena—launching coin-margined contracts for Bitcoin and Ethereum. No more fiat-backed collateral headaches for degens.
Why it matters: Traders can now go full leverage with pure crypto collateral. Bullish? Or just another way to lose your stack faster?
The fine print: Zero mention of risk management (classic crypto move). But hey—liquidity providers are probably rubbing their hands already.
Bottom line: Another brick in the wall of crypto's parallel financial system. Just don't cry when your ETH gets liquidated during the next 'unexpected' whale dump.