In mid-July, BlockFills released a statement that outlined our position of strength during a very chaotic moment in our industry’s history. Given the events dominating the news cycle and the associated market volatility, it is appropriate for us to reiterate that position today:
-BlockFills has no (zero) exposure to FTX or Alameda.
-Clients trading spot crypto experienced no (zero) delays in settlements, almost 100% of settlements occurring T+0.
-Clients experienced no (zero) withdrawal issues and most withdrawals were processed within minutes or hours, as per standard operating procedure.
-Derivatives clients had no (zero) issues with executions, margin requirements, or meeting margin calls.
-All trading systems performed optimally during recent market volatility.
Our liquidity continues to be a great non-exchange option. Market access remains available via FIX, GUIs, and our OTC desk. We are seeing solid and consistent engagement from clients with respect to trading and onboarding.
BlockFills has been a trusted name in the crypto space since our launch in 2018 and we continue to be a rock in these uncertain times. We would love to discuss further how we can help provide liquidity and trading services to you.
Contact Us: https://www.blockfills.com/contact/