‘High Interest’ Prods Ukraine to Launch Bitcoin Futures Trading
The Ukraine Stock Exchange has announced it will start selling Bitcoin futures due to “quite high interest” in the country. Ukraine Trades Brent & Bitcoin. Trading authorities made the statement along with news that Brent crude futures will also be offered. Trading will begin December 19. “This became possible after the National Securities and Stock Market Commission registered specifications of futures contracts and exchange in the stock market legislation,” a statement quoted by local news resource Unian reads. Commenting on the introduction of Bitcoin futures, stock exchange traders....
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Ukraine is the first country to launch sanctioned bitcoin futures trading on a national exchange. Every part of the world can benefit greatly from bitcoin and blockchain technology. Ukraine seems to be warming up to both concepts as of late. In fact, the region has seen significant bitcoin investment increases. That is quite a significant development and a positive sign of what the future may hold. An intriguing development to keep an eye on, that much is certain. Ukraine is Big on Bitcoin and Blockchain. It is quite interesting to see bitcoin investments in the Ukraine going up. It is....
Chinese exchange OKCoin announced today it will add futures trading to its platform, saying it is one of the first major exchanges in the world to offer users the chance to trade futures denominated in bitcoin. OKCoin's futures trading, which will be in beta for the next two weeks before going live, partly solves bitcoin's price volatility problem and reduces risks by allowing bitcoin earners to 'lock in' a future price. More advanced traders can use futures to utilize higher leverage opportunities for price speculation. Trading of derivatives like futures also serves to move volatility....
Bitcoin has been highly volatile in recent weeks, but the futures market’s open interest indicates that traders should brace themselves for a big move. Bitcoin (BTC) has been highly volatile in recent weeks, rallying above $16,000 for the first time in three years. But the futures market’s open interest indicates that a large volatility spike is likely very close.The term “open interest” refers to the total sum of contracts that are actively open in the futures market. If the open interest is high, it means there is a high number of traders betting on Bitcoin price action.Bitcoin futures....
Digitex LTD, a zero-fee cryptocurrency futures exchange has recently announced the much-awaited launch of its zero-fee spot markets. The exchange is well known for being a high-frequency, futures platform also known as the scalper’s paradise, allowing users to pursue trading strategies that otherwise would not be possible on fee-charging exchanges. The Digitex exchange, with its […]
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