CRYPTO NEWS
Eqonex launches bitcoin dated futures The Eqonex BTC Dated Futures are denominated in the USD Coin stablecoin (USDC) and are linear in that the price of the futures increases as the price of BTC increases against USDC.
Eqonex launch bitcoin dated futures The Eqonex BTC Dated Futures are denominated in the USD Coin stablecoin (USDC) and are linear in that the price of the futures increases as the price of BTC increases against USDC. The expiry of the dated future will occur at 08:00 UTC on the final Friday of the expiry month. Users can trade Eqonex BTC Dated Futures on a margin up to 125x leverage. Physical settlement occurs automatically on the expiry date, removing some hedging risks compared to cashsettled contracts. The launch of Eqonex BTC Dated Futures with physical BTC settlement is part of the Nasdaq company’s plans to bring traditional finance strategies to crypto. It follows the introduction of Cross Collateral trading, Ethereum Perpetual Futures, and BTC Perpetual Futures in 2021.
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‘We still see a gap in the exchange marketplace to better serve traders who are looking for safe access to products and strategies from traditional finance to exploit and hedge against the volatility of crypto market trading,’ said Andrew Eldon (pictured), interim CEO of Eqonex.
Valour launches Polkadot and Cardano ETPs in Frankfurt Valour, a wholly-owned subsidiary of DeFi Technologies, has started trading two new exchange-traded products (ETPs) in Frankfurt: Valour Polkadot (DOT) EUR and Valour Cardano (ADA) EUR. The new ETPs will enable both retail and institutional investors to gain exposure to the native tokens of the Polkadot and Cardano networks via their bank or broker.
