BloFin Shakes Up Crypto Trading with Bitcoin & Ethereum Coin-Margined Contracts
BloFin just dropped a bombshell for derivatives traders—coin-margined contracts for BTC and ETH are live. No more fiat collateral headaches; now you can leverage your stack without jumping through banking hoops.
Why This Matters
Coin-margined products let crypto natives trade derivatives without converting to stablecoins or fiat. It’s a pure-play move that cuts out traditional finance middlemen—because who needs banks when you’ve got volatility and 100x leverage?
The Cynical Take
Another day, another derivative product. Traders will lap it up until the next margin call wipes them out. But hey, at least BloFin’s getting its slice of the liquidation pie.