Bitcoin Accepted by Futures Trading Brokerage via BitPay
U.S.-based brokerage house Straits Financial LLC will accept bitcoin via payment processor BitPay to become the first U.S.-based Futures Commission Merchant (FCM) to do so. Straits users will now be able to fund their investment and trading accounts with bitcoin. A boutique brokerage house, Straits’ acceptance of bitcoin will allow users to trade assets such as energy, precious metals, agricultural commodities and stock indexes in the multi-trillion dollar commodities market. The move is intended to appeal to cryptocurrency enthusiasts, wherein bitcoin will be converted into currencies,....
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Straits Financial LLC will be the first US Futures Commission to accept bitcoin through processing service BitPay. The firm has announced it will enable Bitcoin deposits for investments in commodity markets that include stocks and precious metals. Straits Financial US Futures Commission Clients Can Now Use Bitcoin. Singapore-based Straits Financial....
One of the world's largest Bitcoin exchanges, OKCoin, has just announced yet another service they will be adding for their Bitcoin traders - futures. Futures allow for traders to hedge their risk when dealing with high levels of volatility, which is one of the largest challenges Bitcoin faces at this time. Futures trading is something offered on most stock brokerage service such as E*Trade or TDM Ameritrade, and is now coming to the Bitcoin arena. OKCoin's futures trading allows traders to "lock in" future prices to buy their coins. Futures are legally binding agreements between two....
Ironbeam is a U.S. registered Futures Commission Merchant (“FCM”) which offers trading on crypto nano futures thanks to a partnership with Coinbase Derivatives. The brokerage charges no commission* on these Bitcoin and Ethereum contracts, as well as requiring low margin.
Trade Cryptocurrency Nano Futures Contracts
Headquartered at the Chicago Board of Trade, Ironbeam launched in 2010 as a technology-centric futures brokerage firm dedicated to providing technology solutions that cater to the needs of futures participants and the modern futures trader.
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Straits Financial now allows bitcoin holders to gain quick access to their futures trading platform. The ability to accept bitcoin payments was made possible by the introduction of digital bank WB21, which has integrated BitPay as a new payment option. BitPay believes their service can significantly reduce the amount of time it takes Straits customers to fund their accounts. “BitPay and WB21 will help customers to easily convert their bitcoin holdings into currencies that can be used to fund their futures trading accounts and will provide the bitcoin community easier access to an....
BitPay has confirmed there will be at least five bitcoin ATMs installed either at or around Tropicana Field for the upcoming Bitcoin St Petersburg Bowl to be held this December. Trucoin will debut a custom bitcoin ATM solution and serve as the "preferred provider" of bitcoin ATMs for the event. The Georgia-based bitcoin brokerage indicated it would showcase five units manufactured by Genmega (which also supplies ATM hardware to Genesis Coin) and retooled with the company's custom software and compliance features. Trucoin co-founder and president Chris Brunner stressed that Trucoin still....