Home Finance Micro bitcoin futures on the rise

Micro bitcoin futures on the rise

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Since its May 3 launch, 306k . more than Micro Bitcoin Futures (MBT) The contracts have been traded, accounting for over $1 billion in fictitious bitcoin value. Average daily volume was over $25k with an equally balanced mix of trading during regular trading and overnight trading hours.

till now, micro bitcoin futures Attracted over 2,000 active individual traders and saw a record volume day on 17 May when 52,543 contracts were traded.

You can now participate in bitcoin price action without owning the underlying currency, MBT Futures offer many different advantages to futures and crypto traders.

Advantages of Micro Bitcoin Futures (MBT)

  • low financial commitment – At 1/10th the size of a standard bitcoin contract and 1/50th the size of a larger bitcoin futures contract, Micro Bitcoin Futures (MBT) provide an efficient, cost-effective new way to recover bitcoin exposure and grow your trading We do. Strategies.
  • Price discovery and transparency – Unlike current crypto exchanges, traders now have access to transparent futures price discovery, where all participants receive equal prices and quotes.
  • increased flexibility – Futures traders can bet on the price of bitcoin using micro bitcoin (MBT) both long and short without any rules or short-selling restrictions.
  • regulated – Micro Bitcoin Futures are regulated by US Exchange, CME Group for greater risk control.

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