In the latest episode of the Bitcoin.com Podcast, our host Zach Doty sat down with Crypto Facilities CEO Timo Schlaefer. Zach and Schlaefer discuss his company, and its goal of bringing derivatives trading to the bitcoin markets.
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About Crypto Facilities
Crypto Facilites is one of the few insured bitcoin exchanges at present, and offers trading services with up to 50x leverage.
The exchange also offers a futures contract, a new concept to bitcoin trading, with “pretty conservative leverage,” as well as a futures product with higher leverage, which Schlaefer says is “more suited to short-term speculation.”
From the Crypto Facilities website:
“Crypto Facilities is a London-based financial services firm and provides risk management and trading solutions around digital assets such as bitcoin. Our management has extensive financial markets expertise from top investment banks, and we apply high standards of compliance, reporting and risk management across our whole business.”
About Timo Schlaefer
Schlaefer comes from a background of mainstream finance, previously working at Goldman Sachs as an Executive Director in credit quantitative modeling. Prior to that position, Schlaefer says he worked in Mergers and Acquisitions and Goldman Sachs in Frankfurt,