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Brendon Lim
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Coinhako Partners with BIT Exchange as market maker for World’s First Filecoin (FIL) Options Offering

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Coinhako Partners with BIT Exchange as market maker for World’s First Filecoin (FIL) Options Offering

Since the launch of our institutional arm, our priority has been to provide institutional grade cryptocurrency services for our clients. That includes establishing trust and assurance so our clients know they’re in good hands – Coinhako has obtained renowned certifications such as the ISO 27001 and SOC 2 and a Major Payment Institution (MPI) license to provide Digital Payment Token (DPT) services in Singapore.

On top of these, we’re always looking for new opportunities and products to bring value to our clients — which is why we’re thrilled to announce our partnership with BIT Exchange, as a market-maker for altcoin options offerings, with the release of Filecoin (FIL) options

FIL Options Offering via Coinhako Institutional

Priding ourselves as a trusted gateway to the crypto-economy, Coinhako has facilitated spot trading for cryptocurrencies on a over-the-counter (OTC) basis for countless renowned institutions in Singapore, and we actively looking to expand our institutional capabilities; such as our foray into the world of options with this latest offering.

Our institutional clients can now request for FIL options prices to settle on for their trading activities via the Coinhako institutional arm.

What is Filecoin (FIL)?

Filecoin is a cryptocurrency and decentralized storage network designed to create a more efficient and secure way to store and retrieve data. It was developed by Protocol Labs and launched in 2020. Filecoin is built on blockchain technology, specifically using the InterPlanetary File System (IPFS) as a foundation.

How to access the FIL options?

Crypto options trading is also a cost-effective way that allows traders to control their exposure to digital assets, and we are certain this offering will delight our institutional clients.

For those looking to jump in immediately — our FIL options were launched back on 22 September 2023. If you’re an existing Coinhako Institutional client, our RMs are more than happy to assist you with your interest — please feel free to reach out to them for any queries.

Who can access this?

The FIL options are currently available exclusively to Coinhako Institutional clients. To find out if you’re eligible for Coinhako Institutional, simply fill out the form here.


What benefits do Coinhako Institutional clients receive?

  1. Optimized trading for maximized liquidity

Experience our white glove service with a dedicated and experienced sales and trading desk and take control of your trade with Coinhako’s broad network of counterparties that provide deep liquidity for your over-the-counter (OTC) needs.

Trade over 60+ listed assets with SGD, USD, and other digital assets pairs with 0% fees for trades more than S$200K.

2. Structured Products

Our structured products provide a customizable solution for greater risk adjusted returns. Tailor your investments to suit your risk appetite and financial objectives.

3. Optimal asset protection & risk management

Coinhako’s top-notch blockchain custody technology provides the best digital asset protection, supported by various robust governance frameworks in compliance with high regulatory standards and bankruptcy remote plans designed to manage counterparty concerns.

4. Identifying risks & opportunities with expert analysis

Proprietary market research and commentary from our team of trading analysts to help identify market risks and opportunities for our clients.


Disclaimer: All writers’ opinions are their own and do not constitute financial advice. As a company, we do our best to provide information that is accurate and valuable. The contents of this blog post are intended for educational purposes only. Individuals are advised to perform due diligence before purchasing any cryptocurrencies as these assets are subject to high volatility, and understand the risks associated with trading cryptocurrencies.

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