Akash (AKT) is a cryptocurrency platform and token designed to serve as a global platform for digital asset exchanges and complex financial services. It enables digital assets to be securely stored, exchanged and transferred in a safe, transparent and distributed manner. The Akash platform uses a variety of technologies to secure users’ data and transactions, including cryptography and distributed ledger technology.

The Akash token, AKT, is a utility token that is used for paying transaction fees and exchange fees on the Akash platform. It is also used for the issuance of other tokens issued on the Akash platform, such as security tokens or other digital assets. There are various benefits of using the AKT token such as low transaction costs, access to a large variety of digital assets, and the security of transactions through the use of distributed ledger technology.

The Akash platform also provides users with the option to trade in a range of derivatives including options and futures. Options are financial derivatives that grant the purchaser the right, but not the obligation, to buy or sell an underlying asset at an agreed-upon price at a certain point in time. Options are a popular tool used by traders to hedge their positions or to speculate on the market.

Futures are financial derivatives that enable traders to buy or sell a fixed quantity of an underlying asset at a predetermined price and delivery date. Futures are used to minimize risk when the future price of an asset is uncertain.

The Akash platform is designed to provide a safe, transparent, and secure platform for the exchange of digital assets. The use of the AKT token allows users to benefit from low transaction fees, access to a wide variety of digital assets, and the security of transactions through distributed ledger technology. The availability of options and futures provides traders with the ability to hedge their positions and speculate on the market. Overall, Akash is a promising platform that provides users with a secure, transparent, and affordable means of trading digital assets.