When will bitcoin futures be available?
![avatar](https://download.bydfi.com/api-pic/images/avatars/0kDYG.jpg)
Can you provide some information on when bitcoin futures will be available for trading?
![When will bitcoin futures be available?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/96/cca73fa4999b78bf233c6003b398d5ed00930c.jpg)
3 answers
- As of now, bitcoin futures are already available for trading on several major exchanges. CME Group and CBOE Global Markets were the first to introduce bitcoin futures contracts in December 2017. Since then, other exchanges such as Bakkt and ErisX have also launched their own bitcoin futures products. These futures contracts allow traders to speculate on the future price of bitcoin without actually owning the underlying asset. It's important to note that trading futures involves a certain level of risk and should be approached with caution.
Feb 19, 2022 · 3 years ago
- Bitcoin futures have been available for trading since December 2017. The introduction of bitcoin futures marked a significant milestone for the cryptocurrency industry, as it provided institutional investors with a regulated way to gain exposure to bitcoin. The availability of bitcoin futures has also contributed to increased liquidity in the market and has helped to legitimize bitcoin as an asset class. It's worth noting that the availability of bitcoin futures may vary depending on the exchange and jurisdiction you are in, so it's always a good idea to check with your preferred exchange for the most up-to-date information.
Feb 19, 2022 · 3 years ago
- According to BYDFi, a leading cryptocurrency exchange, bitcoin futures are already available for trading on their platform. BYDFi offers a range of futures contracts, including bitcoin futures, which allow traders to speculate on the future price of bitcoin. Trading bitcoin futures can be a lucrative opportunity for experienced traders, but it's important to understand the risks involved. It's always recommended to do thorough research and seek professional advice before engaging in futures trading. Remember, the cryptocurrency market is highly volatile and can be subject to sudden price fluctuations.
Feb 19, 2022 · 3 years ago
Related Tags
Hot Questions
- 93
What is the future of blockchain technology?
- 90
How can I protect my digital assets from hackers?
- 77
What are the best digital currencies to invest in right now?
- 72
What are the advantages of using cryptocurrency for online transactions?
- 69
How can I buy Bitcoin with a credit card?
- 64
How can I minimize my tax liability when dealing with cryptocurrencies?
- 50
What are the best practices for reporting cryptocurrency on my taxes?
- 21
What are the tax implications of using cryptocurrency?