BBOD Company

BBOD Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

BBOD, which stands for Blockchain Board of Derivatives, was founded in 2017. The company emerged as a response to the growing demand for secure and efficient cryptocurrency trading platforms. With a focus on creating a hybrid trading environment that combines the benefits of centralized and decentralized systems, BBOD aims to provide users with a seamless trading experience in the cryptocurrency derivatives market.

Parent Company/Ownership Structure

BBOD operates under the registered entity name Trade the Future Holding Ltd. The company is structured as a private entity and is primarily owned by its founders and key investors who are committed to the vision of revolutionizing cryptocurrency trading.

Headquarters Location

The headquarters of BBOD is located in Cambridge, United Kingdom. This strategic location allows the company to tap into the vibrant tech and financial ecosystem of the region, fostering innovation and collaboration.

Global Business Scope

BBOD operates on a global scale, catering to both retail and institutional clients. The platform offers access to a wide range of cryptocurrency derivatives, enabling users from various regions to participate in the growing digital asset market.

Main Regulatory Bodies

While BBOD operates in a decentralized manner, it adheres to the regulatory standards set forth by various international financial authorities. The company is committed to compliance with regulations concerning anti-money laundering (AML) and know your customer (KYC) requirements, although specific regulatory bodies are not explicitly listed in the available information.

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2. Company History and Development

Key Milestones

Since its establishment, BBOD has achieved several key milestones. The platform launched its trading services in 2017, quickly gaining traction among cryptocurrency traders. In January 2017, BBOD conducted its initial coin offering (ICO), raising funds to support its development and expansion efforts.

Business Expansion Journey

BBOD's growth strategy includes continuous platform enhancements and the introduction of new trading features. The company has expanded its offerings to include a variety of perpetual futures contracts, allowing users to trade popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin without incurring trading fees.

Customer Base Growth

The platform has successfully attracted a diverse customer base, including both casual traders and professional investors. The zero-fee trading model has been particularly appealing, contributing to the rapid growth of its user community.

Platform Development History

BBOD's platform has undergone several iterations to improve functionality and user experience. The introduction of a low-latency matching engine developed by GMEX Group has significantly enhanced trading performance, ensuring that users can execute trades quickly and efficiently.

Important Awards or Recognitions Received

While specific awards and recognitions are not detailed in the available information, BBOD has been acknowledged in the cryptocurrency community for its innovative approach to trading and commitment to user security.

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3. Trading Services Offered

Forex Trading Options

BBOD primarily focuses on cryptocurrency derivatives trading rather than traditional Forex trading. As such, it does not offer a significant number of currency pairs typical of Forex platforms.

Stock Trading Options

BBOD does not provide stock trading options, as its services are centered around cryptocurrency derivatives.

CFD Trading Products

The platform specializes in cryptocurrency derivatives, including perpetual futures contracts. Users can trade contracts for Bitcoin, Ethereum, Litecoin, and other altcoins, all settled in TrueUSD (TUSD), a stablecoin designed to mitigate volatility.

Other Financial Instruments

BBOD offers a wide range of cryptocurrency trading options, including popular altcoins such as Ripple, EOS, and Chainlink. The platform's focus on derivatives allows users to hedge against market volatility effectively.

Special Services or Unique Advantages

BBOD's unique selling proposition includes:

• Zero-Fee Trading: Users can execute unlimited trades without incurring commissions, making it an attractive option for frequent traders.
• Non-Custodial Accounts: Users retain control of their assets through smart contract wallets on the Ethereum blockchain, enhancing security and privacy.
• Ultra-Fast Matching Engine: The platform's low-latency matching engine ensures quick execution of trades, catering to the needs of high-frequency traders.

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4. Regulatory and Legal Background

Detailed Regulatory Information

BBOD operates with a commitment to regulatory compliance, although specific regulatory bodies are not disclosed. The platform adheres to international standards for AML and KYC, ensuring that its operations align with best practices in the industry.

Legal Entity Structure by Region

BBOD operates as a private entity under the name Trade the Future Holding Ltd. Its legal structure allows it to engage with clients globally while maintaining compliance with local regulations.

Client Fund Protection Measures

The platform implements robust security measures, including the use of non-custodial wallets, ensuring that users' private keys and digital assets are not stored on the platform, thus reducing the risk of hacks and theft.

Countries/Regions Served

BBOD serves a global clientele, allowing users from various countries to trade cryptocurrency derivatives. However, specific restrictions may apply based on regional regulations.

Compliance History

BBOD has demonstrated a commitment to compliance, focusing on maintaining a transparent and secure trading environment for its users. The platform's dedication to regulatory adherence is evident in its operational practices.

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5. Competitive Landscape

3-5 Main Competitors

BBOD operates in a competitive landscape that includes several notable players in the cryptocurrency trading space. Main competitors include:

• Binance: One of the largest cryptocurrency exchanges globally, offering a wide range of trading options.
• BitMEX: A popular platform for cryptocurrency derivatives trading, known for its leverage options.
• Kraken: A well-established exchange that provides a variety of trading services, including futures contracts.

Positioning in the Industry

BBOD differentiates itself through its zero-fee trading model and non-custodial account structure, appealing to users who prioritize security and cost-effectiveness.

Market Differentiation Factors

Key differentiators for BBOD include:

• Zero-Fee Trading: Unlike many competitors, BBOD does not charge trading fees, attracting cost-sensitive traders.
• Decentralized Security Model: The non-custodial nature of accounts enhances user security and privacy, setting BBOD apart from traditional exchanges.
• Focus on Derivatives: BBOD's specialization in cryptocurrency derivatives trading positions it uniquely within the market, catering to traders looking for hedging options against volatility.

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Conclusion

BBOD Company stands out in the cryptocurrency trading landscape due to its innovative approach to derivatives trading, commitment to user security, and cost-effective trading model. As the cryptocurrency market continues to evolve, BBOD is well-positioned to meet the demands of both retail and institutional traders, providing a secure and efficient platform for trading digital assets.

For more information about BBOD, including trading services and platform features, please visit learn more.

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