About BloFin
BloFin,a secure centralized exchange (CEX), offers premium services for perps & futures trading with a wide selection of over 320 USDT-M perpetual contracts. BloFin is committed to prioritizing user fund security by partnering with Fireblocks to safeguard users’ assets and providing insurance coverage for potential crypto-related incidents.
History (Founding and Early Days)
BloFin was founded by Matt in September 2019. Matt is also the founder of TokenInsight, which he established in March 2018. Matt joined a renowned US VC firm on Sandhill Road in 2013. He engaged in investments and portfolio management of the world’s top-tier companies, including Twitch and Unity. In 2020, he was honored as one of the “Top 100 Influencers in Blockchain” by Cointelegraph.
In May 2022, BloFin secured $50M in its Series B financing from Kucoin, SIG, Matrix Partners, and more. Blofin is the only exchange that Kucoin currently invests in. In January 2023, BloFin launched the most focused crypto futures trading exchange platform packed with pragmatic tools. By May 2023, BloFin launched its exchange apps on both iOS and Android stores.
Vision and Mission
BloFin’s vision is to establish a secure and reliable platform for cryptocurrency trading that promotes financial freedom on a global scale. They believe that easy access to financial resources can greatly improve the quality of life for individuals worldwide. BloFin’s mission is to create an inclusive financial ecosystem by making digital assets more accessible to everyone.
According to a recent article by BloFin’s research team, the increase in global uncertainty is one of the main reasons for the recent improvement in the crypto market’s liquidity and the strong performance of Bitcoin. The growing demand for safe-haven assets, driven by rising geopolitical tensions, has led to higher prices for commodities like gold, oil, and coffee, as well as cryptocurrencies like BTC.
Services
BloFin offers a wide range of services for crypto traders, including:
- Over 320 trading pairs: BloFin supports popular cryptocurrencies such as BTC, ETH, XRP, and many more, with a focus on USDT-M perpetual contracts.
- Derivatives trading: BloFin provides derivatives trading with up to 150x leverage for BTC/USD, ETH/USD, and other perpetual contracts, supporting both isolated margin and cross margin.
- One-Click Copy Trading: This feature allows users to easily follow and replicate the trading strategies of experienced traders.
- BloFin Academy: A research arm that provides high-quality analysis and insights on the crypto market, with content featured on platforms like Coindesk, Tradingview, and Deribit Insights.
Benefits of Using BloFin
BloFin offers several advantages to its users, including:
- Smooth trading experience with deep market liquidity and user-friendly trading features for beginners and professional users.
- Agile listings with more than 300 futures trading pairs.
- The hedge mode feature to expand trading strategy options.
- Diverse derivative tools are available.
- Regular trading fee discounts are offered.