Crypto derivatives exchange Bybit launches quarterly Bitcoin futures

Crypto derivatives exchange Bybit launches quarterly Bitcoin futures

The contracts will offer traders a longer time horizon for speculating on the digital asset. Bybit announced Thursday that it will roll out a BTC/USD quarterly futures contract on Nov. 30. Two contracts will be offered at launch — BTCUSD1225, settling on Dec. 25, 2020, and BTCUSD0326, which will be settled on March 26, 2021. Bybit says the new futures contracts have no funding fee, which means traders can hold the position without charge as long as the contracts are still in effect. Like traditional futures contracts, Bitcoin (BTC) futures allow traders to buy and sell the digital currency....


Related News

Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy

The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant to “improve security compliance for all traders.” Bybit Says Companies and Individual Clients Mandated to Complete Systematic KYC Policy by July 12 The cryptocurrency derivatives exchange Bybit plans to introduce a systematic KYC element to the platform by July 12. The exchange is letting customers....

Japan’s Top Financial Watchdog Sends a Warning Crypto Derivatives Exchange Bybit

The Japanese government’s Financial Services Agency (FSA) has issued a warning to the crypto derivatives exchange Bybit claiming that the trading platform is allowing residents of Japan access to the exchange. The news follows the Bank of Japan Governor Haruhiko Kuroda criticizing digital currencies for speculation. Japan’s FSA Warns Bybit Fintech Limited Japan’s top regulator that handles banking, securities and exchange, and insurance sectors within the economy has recently issued a warning to Bybit Fintech Limited. Bybit is a crypto derivatives exchange that offers....

Bitget CEO Sandra: Decentralized Derivatives Exchanges are not Likely to Disr...

By Bitget CEO Sandra Derivatives products have been playing a significant role in the global finance market. As the concept of decentralization experienced rapid development and gradually gained wider recognition among users in recent years, decentralized derivatives trading has naturally become one of the most promising markets. So is it possible for decentralized derivatives exchanges to disrupt their centralized counterparts in the short to medium term? Here are some of my thoughts and I’d like to share them with you. In the traditional financial sector, derivatives are classified....

Bybit To Close All Accounts Registered To Chinese Phone Numbers On June 15th

Bybit, a popular crypto derivatives exchange that originated from China has announced it would be terminating all accounts registered with a Chinese phone number by June 15. Termination Is In Response To Chinese Authorities Crypto Crackdown Bybit, a prominent crypto derivatives exchange based in China, has announced that all accounts registered with a Chinese phone […]

Coinbase applies to trade crypto futures

If Coinbase gets approval from the National Futures Association, it will then need to register with the Commodity Futures Trading Commission to get the green light. Top U.S. crypto exchange Coinbase has submitted an application to become a registered Futures Commission Merchant (FCM) with the National Futures Association (NFA).Details are sparse, but according to the NFA website the pending application was submitted on Sept. 15 under the name “Coinbase Global Inc.”Coinbase highlighted the move via Twitter on Sept. 16 and stated that “this is the next step to broaden our offerings and offer....