Crypto Derivatives Exchange Blofin Goes Live

Crypto derivatives exchange Blofin officially goes live, aiming to provide an exceptional user experience with its trading engine at high speed and tight security.

Blofin partners with industry-leading institutions to provide multi-layer security measures. The platform draws the decentralized Merkle Tree verification to prove users' reserve, and uses the wallet as a service (WaaS) to keep users' assets in third-party custody. In addition, Blofin users can get preferential reimbursement in accidents from Fireblocks, which is the leading crypto assets custody provider in the U.S.