In a November 6 post, blockchain analytical platform Arkham Intelligence announced that it has launched an advanced perpetual exchange for traders. The new invention will allow customers to transact spot and perpetual futures. In addition, the new exchange aims to attract retailers while competing with other top trading platforms.
According to the on-chain analytical firm, users will access the latest invention from Wednesday next week. By joining the perpetual exchange, customers will enjoy encompassing trading experiences that address crucial aspects of blockchain transactions. Arkham Intelligence noted that features in its innovation include traceable proof of reserves and on-chain auditing.
Arkham Intelligence Highlights Salient Information for Intending Users
Per the publicized report, the blockchain outlet will incorporate its existing product suite into the exchange. The integration will allow enthusiasts to access tools like investigational and research options on the advanced platform.
Meanwhile, Arkham Intelligence noted that signups for its perpetual exchanges have begun, adding that everyone is permitted to register. However, it has placed restrictions on individuals in some jurisdictions. According to the blockchain firm, individuals in some regions, including the United States, are prohibited from using the latest invention.
Points Earning Initiative
Apart from the usual signups and enjoying the exchange of exciting features, Arkham Intelligence revealed that it will initiate a point-earning system for users. The blockchain firm will award points based on users’ trading volume.
The blockchain Intelligence outlet added that everyone has equal chances of earning points. However, VIP accounts will enjoy a 10% boost to distinguish them from other conventional users. While users can trade their points for ARKM, the points exchange feature becomes available only after a user has traded for thirty or more days on the exchange.
ANNOUNCING ARKHAM EXCHANGE POINTS
— Arkham (@ArkhamIntel) November 6, 2024
Users can earn Arkham points based on their trading volume on the Arkham Exchange.
Points are available for everyone. pic.twitter.com/1s5gMdWT4e
For context, ARKM is Arkham Intelligence’s dedicated token. According to CoinGecko’s data, it is changing hands at about $2.12, following a 13.4% upswing in the past 24 hours. It boasts roughly $631.7 million in market capitalization, while its 24-hour trading volume reflected $333.99 million.
