Coinpit Inc, a San Francisco-based financial software provider offering futures denominated in bitcoin has raised their USD/BTC inverse contract up to 50x possible leverage.
The exchange can be accessed through bitcoin trading community Whaleclub with a special introductory fee discount at coinpit.whaleclub.io.
The platform allows users to trade using the simultaneous cross and fixed margin, with the ability to split and merge positions.
Coinpit is led by CEO Bharathh Rao who has innovated by providing a security and compliance platform that enables financial exchanges to offer products that are trustless, transparent, and private through the use of multi-signature technology.
The Coinpit platform doesn’t hold any user information and does not use any third party involvement to approve the transactions.
Coinpit is a brand owned by the Seychelles company edge.sh Ltd. Its client operates the exchange licensed and registered in Seychelles. Coinpit provides software licenses and professional services to the exchange.