Xena Exchange is even more convenient, even safer! Trade derivatives using USD. Fiat deposits are available.
Xena Exchange is the first crypto-derivative exchange that allows fiat deposits with zero counterparty risk. When you’re trading using a crypto exchange, it's more convenient to store your funds not only in BTC but also in dollars or other cryptocurrencies. And now fiat deposits are available at Xena Exchange.
This greatly simplifies the deposit-withdrawal flow and allows you to manage your funds more freely and quickly.
All client funds are stored in a licensed secure offline custody service called Copper. Keeping funded accounts in Copper’s segregated vaults eliminates counterparty risk.
To try out this new feature you need to follow 3 easy steps:
— Create an account on Xena Exchange
— Create an account on Copper and transfers some amount of funds to your Copper account
— Delegate some amount of funds to your Xena Exchange account with Copper (in the same way you would transfer BTC in the Off-Exchange-Settlement model).
Deposit USD, ETH/USDT (TRX/erc20/OMNI) using Copper and trade on Xena Exchange.