Stay in the Loop

We are thrilled to extend a warm welcome to you as a valuable member of our vibrant crypto community! Whether you're an experienced trader, a crypto enthusiast, or someone who's just getting started on their digital currency journey, we're excited to have you onboard.

Read & Get Inspired

We're delighted to have you here and embark on this exciting journey into the world of Wikibusiness. Whether you're a newcomer or a seasoned explorer in this realm, we're dedicated to making your experience extraordinary. Our website is your gateway to a treasure trove of knowledge, resources, and opportunities.

PrimeHomeDeco

At PrimeHomeDeco, we believe that your home should be a reflection of your style and personality. Our upcoming website is dedicated to bringing you a curated selection of exquisite home decor that will transform your living spaces into elegant sanctuaries. Whether you're looking to revamp your living room, add a touch of sophistication to your bedroom, or create a cozy and inviting ambiance in your dining area, we have just the right pieces for you.

Coinbase Derivatives Exchange to make nano bitcoin futures available through leading brokers | by Coinbase | Jun, 2022


Tl:dr:

  • Coinbase Derivatives Exchange (formerly FairX) will launch its first listed crypto derivatives product on June 27, 2022: Nano Bitcoin futures contract (BIT), with each contract sized at 1/100th of a bitcoin.
  • Upon the June 27th launch, BIT futures will be accessible for trading via several leading third-party retail brokers and clearing firms.
  • Coinbase Financial Markets is awaiting approval for its license to operate a futures commission merchant (“FCM”) to be able to offer futures directly to our clients.

By Boris Ilyevsky, Head of Coinbase Derivatives Exchange

Coinbase Derivatives Exchange, a CFTC regulated Designated Contract Markets (DCM) futures exchange, will launch its first listed crypto derivatives product on June 27: Nano Bitcoin futures (BIT). Initially, BIT futures will be available for trading via several leading broker intermediaries, including retail brokers EdgeClear, Ironbeam, NinjaTrader, Optimus Futures, Stage 5, and Tradovate, and clearing firms ABN AMRO, ADMIS, Advantage Futures, ED&F Man, Ironbeam and Wedbush. Coinbase is awaiting regulatory approval on its own futures commission merchant (FCM) license so we can offer margined futures contracts directly to our clients.

Transforming FairX into Coinbase Derivatives Exchange married a world-class team with deep expertise across product development, market structure, compliance, market-leading exchange technology and a proven ability to deliver listed futures, with Coinbase’s commitment of building products that are easy-to-understand, fair, accessible, efficient, and transparent.

Around-the-clock trading, lower upfront investment, leverage and the ease of going long and short are some reasons why futures are a popular product for traders. Our BIT Futures contract will offer the same benefits but is built with the retail trader in mind. At 1/100th of the size of a Bitcoin it requires less upfront capital than traditional futures products and creates a real opportunity for significant expansion of retail participation in US regulated crypto futures markets.

The crypto derivatives market represents $3Tn* in volume worldwide and we believe that additional product development and accessibility will unlock significant growth. It’s more important than ever to bring the benefits of futures to a broader market so that all types of traders can access regulated U.S. crypto derivatives markets to express their views or hedge their underlying crypto assets.

To become one of our supporting brokers, market makers, clearing firms, or vendors, please email futures.sales@coinbase.com.

*January 2022, https://www.ft.com/content/364dee59-fb51-400b-acd2-808d4ec41ab3



Source link

Related articles

Crypdrone – ICO Crypto Landing & Cryptocurrency Website​ with whmcs Template

LIVE PREVIEWBUY FOR $19 Crypdrone is a Multipurpose Responsive Cryptocurrency, VPN, Money Exchange, Virtual Credit/Debit Card, Web Hosting with WHMCS Template. It’s based on the Bootstrap 4.x. Also included WHMCS Template based on WHMCS v8.10.x...

Tesla CEO Elon Musk confirms time spent with DOGE will drop ‘significantly’

During a recent investor call, Elon Musk reportedly hinted at a major valuation adjustment for his artificial intelligence startup, with the Tesla and SpaceX CEO stating that he was looking to put a...

Watch Now: La Fouine & Ninho’s Epic “État des lieux” Clip Hits Hard

La Fouine & Ninho – “État des lieux Part. 1 & 2 (Official Music Video)” – A Raw and Powerful Rap Story French rap continues to rise with bold storytelling and emotional depth, and La...

Watch Now: Eternity 2 ft. DMX, Snoop Dogg, Dr. Dre, Xzibit (Biu Murati Visual)

DMX ft. Snoop Dogg, Dr. Dre & Xzibit – Eternity 2 (Official Music Video) | A Timeless Tribute by Biu Murati In a jaw-dropping collaboration that echoes the golden age of West Coast and East...
[mwai_chat model="gpt-4"]