BitMEX Launches New Monthly Bitcoin (BTC) Futures Contract XBTV24

The post BitMEX Launches New Monthly Bitcoin (BTC) Futures Contract XBTV24 appeared on BitcoinEthereumNews.com. Zach Anderson Aug 27, 2024 04:09 BitMEX has launched its new monthly Bitcoin (BTC) futures contract, XBTV24, which began trading on August 27, 2024. BitMEX has officially launched its new monthly Bitcoin (BTC) futures contract, XBTV24. The new contract began trading at 04:00 UTC on August 27, 2024, according to BitMEX Blog. Contract Details and Trading Information The XBTV24 contract is listed under the Bitcoin/USD pair and offers traders a new instrument for hedging and speculation. The listing date for XBTV24 is August 27, 2024, with a settlement date set for October 25, 2024. This contract joins other active futures on the platform, including XBTU24, XBTZ24, and XBTH25, each with their respective settlement dates later in the year or in early 2025. Current Futures Contracts BitMEX has provided a detailed table outlining the listing and settlement dates for all current futures contracts: Code Pair Listing Date Settlement Date XBTU24 Bitcoin / USD 12 December 2023 27 September 2024 XBTV24 Bitcoin / USD 27 August 2024 25 October 2024 XBTZ24 Bitcoin / USD 12 March 2024 27 December 2024 XBTH25 Bitcoin / USD 11 June 2024 28 March 2025 Market Impact and Strategic Importance The introduction of XBTV24 is part of BitMEX’s broader strategy to provide diversified trading instruments to its user base. These contracts are crucial for traders seeking to manage risk associated with Bitcoin’s volatile price movements. Futures contracts like XBTV24 allow traders to speculate on the future price of Bitcoin or hedge against potential losses in their spot holdings. Future Prospects and Industry Context As the cryptocurrency market continues to mature, the demand for sophisticated trading instruments such as futures contracts is expected to grow. BitMEX’s addition of XBTV24 aligns with industry trends, where exchanges are increasingly offering a variety of derivatives to cater to both retail and…

Aug 27, 2024 - 06:00
 0  1
BitMEX Launches New Monthly Bitcoin (BTC) Futures Contract XBTV24

The post BitMEX Launches New Monthly Bitcoin (BTC) Futures Contract XBTV24 appeared on BitcoinEthereumNews.com.

Zach Anderson Aug 27, 2024 04:09 BitMEX has launched its new monthly Bitcoin (BTC) futures contract, XBTV24, which began trading on August 27, 2024. BitMEX has officially launched its new monthly Bitcoin (BTC) futures contract, XBTV24. The new contract began trading at 04:00 UTC on August 27, 2024, according to BitMEX Blog. Contract Details and Trading Information The XBTV24 contract is listed under the Bitcoin/USD pair and offers traders a new instrument for hedging and speculation. The listing date for XBTV24 is August 27, 2024, with a settlement date set for October 25, 2024. This contract joins other active futures on the platform, including XBTU24, XBTZ24, and XBTH25, each with their respective settlement dates later in the year or in early 2025. Current Futures Contracts BitMEX has provided a detailed table outlining the listing and settlement dates for all current futures contracts: Code Pair Listing Date Settlement Date XBTU24 Bitcoin / USD 12 December 2023 27 September 2024 XBTV24 Bitcoin / USD 27 August 2024 25 October 2024 XBTZ24 Bitcoin / USD 12 March 2024 27 December 2024 XBTH25 Bitcoin / USD 11 June 2024 28 March 2025 Market Impact and Strategic Importance The introduction of XBTV24 is part of BitMEX’s broader strategy to provide diversified trading instruments to its user base. These contracts are crucial for traders seeking to manage risk associated with Bitcoin’s volatile price movements. Futures contracts like XBTV24 allow traders to speculate on the future price of Bitcoin or hedge against potential losses in their spot holdings. Future Prospects and Industry Context As the cryptocurrency market continues to mature, the demand for sophisticated trading instruments such as futures contracts is expected to grow. BitMEX’s addition of XBTV24 aligns with industry trends, where exchanges are increasingly offering a variety of derivatives to cater to both retail and…

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow