Coin Market Cap Trickery data and charts
UK Trading Platform Crypto Facilities Launches Bitcoin Cash Derivatives
Crypto Facilities has added BCH/USD future contracts to its list of crypto investment products.
UK-based virtual currency futures exchange Crypto Facilities has added Bitcoin Cash (BCH) to its list of derivative offerings. According to Bitcoin Capitalisation Chart
, the USD-denominated service went live on Friday, allowing traders to long or short futures contracts that have BCH as the underlying collateral. The contracts join a list of derivatives currently offered by Crypto Facilities, which includes Bitcoin (BTC), Ripple (XRP), Ethereum (ETH) and
“We are pleased to be expanding our cryptocurrency derivatives offering with the launch of BitcoinCash futures. BCH is a top five coin with a market capitalisation of around $10 billion [according to CoinMarketCap data] and we expect our new contracts to spur the evolution of the crypto markets by bringing greater liquidity and transparency to the digital asset class,”
Bitcoin Capitalisation Chart , an adviser at Bitcoin Cash Association, also made an upbeat comment that the derivative listing is “another example of how BitcoinCash is proving itself to be one of the most innovative and useful cryptocurrencies in the world.”
Bitcoin Cash celebrated its first year of existence at the beginning of this month. Over this relatively short period of time, the coin has managed to list among the Top 10 cryptocurrencies by market capitalization. Currently, BCH is holding the number four spot on the chart, with a market cap of $9.8 billion. With a 1.11% drop in the last 24 hours, the coin has managed to list among the Top 10 cryptocurrencies by market capitalization. Currently Bitcoin Capitalisation Chart
Founded in 2015 and headquartered in London, Crypto Facilities is authorized and regulated by UK’s Financial Conduct Authority (FCA). The company also provides support to US CME Group commodities exchange, which launched its own BTC futures in December.
Earlier this year, Schlaefer said in an interview with industry news outlet CCN that the platform has seen strong growth in 2018 despite the bear market. He revealed that volume had increased 84% between the final quarter of 2017 and the first three months of 2018. The CEO also shared a positive outlook regarding the second quarter of the year, with volume expected to double that of the prior fiscal period.
Stay up to date with market trends and exclusive crypto news!
Regulatory Uncertainty Proves Biggest Barrier for Blockchain – PwC Survey
Hong Kong OKEx Introduces Administrative Changes to Adjust to Beijing
Charlie Lee Won’t Buy Back Litecoins at All Due to Conflict of Interest
Token Talk: Foam ICO and Noia ICO Review (Developeo ICO gets honourable mention)
Bitcoin Technical Analysis: BTC Looking Bullish Over This Month
Crypto News Weekly - IMF, India, Ripple & More in Weekly Roundup 08.06.18
Stay up to date with market trends and exclusive crypto news!
You're one step away from getting industry's latest news and updates.Please check your inbox/spam for a confirmation email and click on the link to confirm your subscription.
This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.
Stay up to date with market trends and exclusive crypto news!
No comments:
Post a Comment