“Due to the present market state of affairs,” new entrants to the crypto market are “type of hesitant,” Wang stated; they both begin with small trades as a check, or they open an account and wait for his or her most well-liked market situations. So Metalpha is specializing in present shoppers, largely from the crypto area who’re “very hungry for hedging options as a result of they misplaced some huge cash [in this bear market]. A few of them are afraid that if the market continues to behave like this, they should defend themselves,” he stated.
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