We are pleased to announce that the Multi-Collateral feature has been added to the Crypto.com Derivatives Exchange, users can now deposit USDT and USDC into their Derivatives Wallet as collateral against their Perpetuals and Futures positions

The Multi-Collateral feature will also facilitate automatic and manual conversion between USDT and USDC to provide flexibility for our users to manage their collateral balance and margin.  This new feature  supports Cross Margin, where collateral is shared across all open positions in the user’s Derivatives Wallet. Users can also enjoy discounted trading fees based on the amount of CRO they stake in the Exchange.

We’ve been hard at work developing a completely new system architecture, with the fastest matching engine in the industry. The Derivatives Exchange supports 2.7m transactions per second, ultra-low core latency of 50 microseconds, and 5ms end-to-end for consumer use.

Key Highlights:

  • Deposit USDT & USDC as collateral
  • Convert USDT to USDC or vice versa
  • Cross Margin support

Follow these simple steps to get started:

  1. Create a Derivatives Wallet
  2. Transfer USDC/USDT from your Spot Wallet to your Derivatives Wallet
  3. Start trading!

How do derivatives work?

A derivative is a contract between two parties that is based on the value/price of an underlying asset. Common types of derivatives include futures, options, forwards, and perpetual contracts. Perpetual contracts enable traders to buy or sell the value of their ‘assets’, whereby the underlying asset itself is never traded—allowing them to better manage risk. Unlike futures and options, perpetual swaps do not expire or have a settlement date, and users can hold their positions for as long as needed.

Additional Resources:

User Eligibility

Crypto.com Exchange users need to complete Advanced level verification to trade derivatives. Citizens or residents of the excluded jurisdictions listed here are unable to use our Derivatives services at this time.

Important Note on Derivatives Trading

You must seek professional advice regarding your particular situation before conducting derivatives trading. The risk of loss can be substantial. You may lose all or more than the Virtual Assets when trading. You may be called upon at short notice to make additional Virtual Asset contributions. If you do not make such contributions within the prescribed time, your Virtual Assets may be lost without further notice to you. You should therefore carefully consider whether such arrangements are suitable for you in light of your investment objectives, financial circumstances, your tolerance to risks and your investment experience. You should be capable of bearing a full loss of the amounts invested as a result of or in connection with any order and any additional loss over and above the initial amounts invested that may become due and owing by you. In considering whether to trade or invest, or use any derivative trading facility or other service, you should inform yourself and be aware of the risks generally, and in particular should note the specific risk factors which may apply.