CandleFocus FalconX Unveils Auto-Liquidation Service for APAC Crypto Miners Amid Sector Woes
2024-10-15
Author: Content Editor
Digital asset prime brokerage FalconX has launched an auto-liquidation service specifically aimed at crypto mining firms in the Asia-Pacific region. The service automates the conversion of crypto mining rewards into US dollars, streamlining operations and improving liquidity for miners. FalconX claims its platform consistently outperforms leading global exchanges in Bitcoin trades, with over 90% of transactions executed at a lower cost. The launch is part of FalconX's strategy to provide liquidity and financial services tailored to the mining industry. The company is backed by investors including Accel, American Express Ventures, and Tiger Global.
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