HUOBI HAS LAUNCHED A PLATFORM FOR TRADING BITCOIN DERIVATIVES

The crypto currency exchange Huobi has opened the platform to trade bitcoin futures. Weekly, two-week and quarterly contracts denominated in US dollars are available for purchase. The cost of one bitcoin derivative on the platform is $100, for other contracts-$10.

The cryptocurrency exchange Huobi has launched the Huobi DM platform for trading derivative financial instruments in beta mode. Now on the site are available for purchase weekly, two-week and quarterly contracts denominated in US dollars.

The cost of one bitcoin derivative on the platform is $100, for other contracts-$10. The platform also offers leverage of 5x, 10x or 20x.

Meanwhile, today a representative of the UK financial regulator announced plans to ban some crypto-derivatives, such as contracts for difference, options, futures and marketable securities.

At the end of October, the world’s leading investment firm Goldman Sachs opened bitcoin derivatives trading.