British trading platform digital assets, Crypto Facilities has launched a perpetual futures contracts in pairs XBT/USD, ETH/USD BCH/USD, XRP/USD, LTC/USD and XRP/XBT.

We have just launched Perpetual Futures on the XBT/USD.

And world’s first Perpetual BCH/USD, ETH/USD, XRP/USD, LTC/USD and XRP/XBT contracts

Use Bitcoin, Ether, Litecoin, XRP & BitcoinCash as collateral to trade 24/7!

Sign up and trade within 60 seconds:

— Crypto Facilities (@CryptoFLtd) August 31, 2018.

Trades on the platform Crypto Facilities are maintained 24/7, as a collateral you can use of Bitcoin, Ether, Litecoin, XRP and Bitcoin Cash. For comparison, competitor BitMEX as security may be the only bitcoin.

Early on Crypto Facilities were traded only standard monthly/quarterly futures on bitcoin, Ethereum, Litecoin, Bcash, XRP paired with the us dollar, as well as the contract XRP/XBT.

Some time after the launch of the new instruments, representatives of the Crypto Facilities said that the trading volume of the indefinite futures significantly exceeded the similar indicator for traditional derivatives traded on this platform:

Our XBT:USD perpetual contract now making up the majority of the volume traded on Bitcoin-Dollar Futures on the platform.

Learn more about Perpetual Futures Contract specs here:

Join our Telegram to chat if you have any questions

— Crypto Facilities (@CryptoFLtd) September 2, 2018

A perpetual futures contract is a type of financial derivatives. This derivative is similar to a traditional futures, but has several differences:

  • it has no expiry or execution;
  • such futures contracts are traded at the price level of the underlying asset since margin mimic the market spot.

Recall, the Chicago Board options exchange (CBOE) to the end of the year it intends to launch futures trading on Ethereum.

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