Website: CentBit.Online – Crypto & Blockchain Expert Bangladesh
Arkham Intelligence, a prominent blockchain analytics platform recognized for uncovering wallet identities and providing real-time cryptocurrency transaction insights, announced its plans to introduce spot trading on its platform.
This move marks a significant step in Arkham’s evolution, combining advanced blockchain intelligence with trading services.
Arkham Spot Trading: A New Era of Blockchain Intelligence Integration
The upcoming exchange will offer spot and futures trading pairs, with features such as on-chain audits and traceable proof-of-reserves to bolster transparency and enhance trader confidence.
Spot trading, which enables the buying and selling of assets at current market prices without expiration, is especially popular among day traders for its simplicity and low spreads. Arkham’s move is seen as a bid to attract both retail and institutional investors seeking a seamless blend of blockchain analytics and trading functionality.
Regulatory Challenges and U.S. Market Entry
While Arkham has not disclosed the platform’s official launch date, the feature will initially be unavailable to U.S. users. The company clarified that it will pursue state-by-state legal approvals to comply with local regulations before onboarding users in the U.S.
Arkham emphasized its commitment to regulatory compliance, central to its expansion strategy. This approach aligns with the firm’s mission to build a reliable and transparent trading ecosystem.
Arkham’s Legacy in Blockchain Analytics
Founded in 2020, Arkham Intelligence has carved out a unique space in the blockchain industry, providing tools to identify entities and individuals behind crypto transactions. The platform is backed by high-profile investors, including Bedrock, Draper Associates, Binance Labs, and Sam Altman.
By integrating trading features with its analytics capabilities, Arkham aims to position itself as a one-stop solution for crypto traders and analysts.
Arkham’s Loyalty Program: Incentivizing Engagement with ARKM Rewards
To drive adoption, Arkham has introduced a loyalty program that rewards traders with points for engaging in spot and perpetual futures trading. The program, set to run for 30 days, allows participants to convert earned points into Arkham’s native token, ARKM.
This initiative aims to boost user engagement and compete with leading exchanges like Binance, Crypto.com, and Coinbase, which dominate over 80% of USD-supported spot trading volumes, according to The Block’s Data Dashboard.
Future Outlook: Merging Blockchain Intelligence with Trading Innovation
Arkham CEO Miguel Morel has previously stated that the platform will not charge for its core blockchain search tools, instead focusing on monetizing other areas. This approach aligns with Arkham’s vision of offering an all-encompassing platform that combines blockchain intelligence and trading services.
Arkham’s entry into the trading market, combined with its analytics expertise, positions it as a key competitor in the evolving crypto exchange landscape.
For the latest updates on blockchain intelligence, trading platforms, and crypto innovation, stay connected with CentBit.Online, your trusted source for crypto and blockchain insights in Bangladesh.
