CoinSwitch Pro will help traders discover and leverage the price movement of crypto assets across multiple exchanges simultaneously, creating new opportunities to make profits.
The crypto firm, which until last month was a shining star among crypto investors and enthusiasts, collapsed dramatically, wiping off billions of dollars of customer deposits overnight.
The development comes as the crypto exchange is undergoing investigation for financial discrepancies with millions of customers’ funds missing from the crypto exchange.
Crises emerged after reports about shaky financial health of Sam Bankman-Fried’s FTX and its sister firm Alameda Research gained ground and led to a huge selloff, causing a liquidity crunch.
Founded by MIT graduates Sam Bankman-Fried and Gary Wang just three years back, the crypto derivatives firm saw its net income rising from $17 mn to $388 mn on a year-on-year basis
