Bitnormal start test trading with BTC Futures in USA
Also in the USA, the selection of BTC is growing Futures. Bitnominal scores now with one of the CFTC issued license for trading with such products.
US stock market starts in the increased Futures competition
Slowly grows and grows the ranks of the stock exchanges, the Futures on the price of Bitcoin in your Portfolio. The same applies to derivative instruments such as options or exchange-traded Fund in connection with Kryptwährungen such as Ethereum, and of course Bitcoin. For many industry observers, the gradual introduction of crypto-Futures is a significant indication of the increasing points of contact between the traditional financial world and the crypto market. Because of the international stock exchanges, Futures on products such as bonds or shares are for many years popular. Investors can speculate on future rate movements, with also of course betting is spoken. For crypto investors Futures could be an interesting tool to hedge their own Wallets content, to prevent premature sales and the loss.
In addition to Futures, BTC-options, tradable
In the United States customers had been often the Disadvantage in the case of Futures, since the competent authorities had concerns with the hoped-for approval. Meanwhile, there are several competitors that offer their customers in addition to the normal crypto trading Coins such as Litecoin or Ripple, also BTC Futures. Some providers also announced early more products in order to expand the scope of. While as I said some of the exchanges in the US, customers had to exclude from their new commercial models and regulatory conditions, can get the operator Bitnominal directly to the U.S. business. Thus, the company informs in a press release, it is a pleasure for the licensing by the competent Supervisory authority. These currencies, in this case, the Crypto last, often critical against the U.S. Commodity Futures Trading Commission (CFTC).
Trade execution directly and without the need for external services
According to the Bitnominal-founder Luke Hoersten of the 27.04.2020 as the start date for the first Futures-test is considered a phase. The authority, the provider Bitnominal, has now made the way literally for the new Bitcoin Futures on the US market. The stock market is at the same time also bring direct options as a new business field at the Start. For the Management of the extension of the crypto-offer is a logical step against the Background of General developments in the market. That from the beginning, U.S. investors have access to the two products, there is a certain peculiarity. Important to know for those interested: The Futures-processing is done on-chain, as it is called in the jargon. Is meant the direct processing without intermediate stations. Other providers, such as Binance that are more advanced and also offer Futures on other currencies such as the ADA.
Featured Image: Of Things | Shutterstock.com
