LN Markets Increased Trading Limits, Hit A Record $50M Trading Volume In June
LN Markets is a Lightning-native no KYC Bitcoin derivatives trading platform.
- "We would like to thank you all for another fantastic quarter and a record-breaking June with $50 million in monthly trading volume on the platform."
- "In Bitcoin terms, June achieved a significant 1,750 BTC in monthly trading volume, marking it as the second-best month in LN Markets’ history," the platform said in its newsletter.
- Other stats on LN Markets Q2 performance and outlook for Q3 can be found here.
New features and updates
LN Markets also introduced new features and updates to its trading platform:
- "An increase in trading limits:
- 0.1 BTC = 10,000,000 sats of Margin per trade;
- 1 BTC = 100,000,000 sats of Margin Used for open positions per account. - A single price reference for options: the Futures price;
- A new order type: the stop limit order. It's a limit order that can be triggered when the Futures prices:
- goes down to a given price for Long orders (example: setting a long limit order if BTCUSD goes down to $25,000);
- goes up to a given price for Short orders (example: setting a short limit order if BTCUSD goes up to $40,000. - LNM Umbrel app update with a minimalist approach to simplify further releases."
