Volmex Finance’s Cryptographic Derivative Protocol Goes Live on Trading View

03/18/2023 19:37 • Tech Ticker • 131 views

It is reported that the Bitcoin and Ethereum volatility charts of the cryptographic derivative protocol Volmex Finance have been provided on the technical analysis platform TradeView. Cole Kennelly, founder and CEO of Volmex Labs, said that these charts were launched on Friday, and the 50 million traders and investors who use Trading View each month now have access to the Volmex Implied Volatility Index, BVIV Index, and EVIV Index.

TradeView integrates Bitcoin and Ethereum volatility charts from Volmex Finance

Analysis based on this information:

The growing interest in cryptocurrencies has led to the development of several platforms to accommodate the needs of traders and investors involved in the market. One of the latest platforms to embrace this digital asset industry is Trading View, a popular technical analysis platform that serves over 50 million traders and investors each month. To provide a more comprehensive analysis of this market, Volmex Finance has decided to integrate its cryptographic derivative protocol onto the Trading View platform.

The CEO of Volmex Labs, Cole Kennelly, announced that the platform had added Bitcoin and Ethereum volatility charts to the Trading View platform. With the new Volmex Implied Volatility Index, BVIV Index, and EVIV Index, traders on the Trading View platform can now make more informed decisions based on the cryptocurrency market’s real-time trends.

Volmex Finance’s mission is to provide the crypto market with a reliable and transparent place for traders to go about their business. The platform offers them a place to trade, pool funds, and create derivative contracts. This addition to the Trading View platform is an enormous boost for Volmex Finance and the cryptocurrency market as a whole.

The BVIV index is the implied volatility index of the Bitcoin volatility contract traded on Volmex Finance. On the other hand, EVIV Index is the implied volatility index of the Ethereum volatility contract traded on the platform. These indices reflect market expectations of cryptocurrency volatility measured over a specific period. With them, traders can estimate the rate and direction of volatility of a currency and help them determine whether the potential profits outweigh separate risks involved in opening a contract.

In summary, Trading View’s integration with Volmex’s cryptographic derivative protocol is a positive development for traders looking for more comprehensive information about the cryptocurrency market. With these indices, traders have access to more reliable and transparent information that can be leveraged to make informed decisions. It is a step towards reducing the knowledge and information asymmetry that exists in the market, and it is poised to help fuel the growth of cryptocurrencies further.

Overall, the addition of Volmex Finance onto the Trading View platform offers a revolutionizing experience to traders and investors interested in the cryptocurrency industry.

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