Waves CEO calls futures markets ‘breeding ground for FUD,’ requests exchanges disable trading
Waves (WAVES) founder Sasha Ivanov has begged all centralized exchanges to disable the futures markets for the digital asset in a Dec. 21 tweet.The Waves CEO tagged the social media handle of several crypto exchanges including Binance, OKX, Huobi, Kraken, and others in his tweet.
According to Investopedia, a futures market allow participants to buy and sell an asset at a predetermined future date and price. Meanwhile, when Ivanov was advised to buy more spot WAVES tokens to squeeze the short sellers, he revealed that he does not trade and the only asset he holds is the embattled token.
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