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FalconX launches automated liquidation service for crypto miners in Asia Pacific

FalconX launches automated liquidation service for crypto miners in Asia Pacific

CointimeCointime2024/10/15 08:21
By:Cointime

FalconX, a leading digital asset prime broker, has launched an automated clearing service aimed at improving capital efficiency for cryptocurrency mining companies in the Asia-Pacific region. The service is part of FalconX's broader platform for the industry, designed to help mining companies operating in capital-constrained environments manage liquidity more effectively. FalconX revealed that its service can automatically convert cryptocurrency mining rewards, including Bitcoin, Litecoin, and other proof-of-work tokens, into US dollars.

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