> For the complete documentation index, see [llms.txt](https://gitbook.bitopex.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gitbook.bitopex.io/overview/why-bitopex.md). # Why BitOpex? The rise of cryptocurrency trading has brought with it an increase in derivatives trading, with cryptocurrency derivatives trading currently outstripping spot volume by a staggering 300%. However, this growing market faces several challenges that hinder its progress. Many exchanges offering these services are unregulated, leading to a lack of trust and credibility. The few exchanges that are regulated often have limitations on their derivatives products, reducing their appeal to experienced traders and institutions. The lack of a direct fiat gateway for derivatives trading adds another layer of complexity and friction, which discourages participation. Traders also face 'source of funds' issues due to regulatory hurdles. Additionally, the limited availability of user-friendly cryptocurrency derivatives exchanges poses a significant obstacle for new participants. All these factors combined present an untapped opportunity for a regulated European cryptocurrency derivatives exchange that can address these issues, offer a seamless trading experience, and act as a reliable entry-point for institutional traders. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://gitbook.bitopex.io/overview/why-bitopex.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.