Bitnomial Launches Margined, 'Physically' Settled Bitcoin Futures In The US
The US-based futures with a 35% margin are settled in actual bitcoin instead of cash, eliminating the need for bilateral trades.Bitnomial has launched U.S.-based, "physically" settled bitcoin futures with a 35% margin.The contracts allow for efficient basis trading, eliminating the need to execute bilateral trades to unwind positions.The new offering also enables lenders and miners to hedge at scale. Bitcoin derivatives exchange Bitnomial has launched U.S.-based, "physically" settled bitcoin futures with a 35% margin, the company announced in a release on November 15. The contracts....
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