Since its launch in early May, 1 million Micro Bitcoin Futures (MBT) contracts, making it one of the most successful product launches in Bitcoin history. EMC group. Micro Bitcoin futures continue to attract both active futures and crypto traders looking to capitalize on the Bitcoin market at a fraction of the cost.
“The addition of Micro Bitcoin futures has further opened the door for active retail traders of all asset classes to enter the futures market,” said Martin Franchi, CEO of NinjaTrader Group, LLC. “We have found that the growing popularity of this new micro-contract within the NinjaTrader user community correlates with the growing demand from crypto traders interested in the opportunity to diversify and leverage professional tools in their trading.”
Micro Bitcoin futures contracts are settled in cash at the Bitcoin CME CF benchmark rate, which serves as the daily benchmark rate for the USD price of Bitcoin.
There are many advantages to trading Micro Bitcoin futures over the Bitcoin spot market, including:
- Reduced financial commitment : Micro Bitcoin futures (MBT) are 1/10th of Bitcoin and 1/50th of the standard Bitcoin futures contract. The smaller contract size allows for greater flexibility and lower margin requirements.
- Go long or short Futures: MBT futures contracts, like all other futures contracts, can be traded on both the long side and the short side without any restrictions. This is very convenient for traders compared to the Bitcoin spot market, which can only be traded on the long side.
- Transparent pricing : MBT futures contracts are traded on CME’s Globex electronic trading system, a highly secure trading system. All merchants see the same price, bid, and offer, which means greater transparency.
- Liquidity : CME’s liquidity pool is large and global and concentrated in a single order book. In addition to active participants from around the world, many market makers are adding depth and size to the order book.
- regulated market : MBT Futures contracts are traded on the CME Group and cleared on the CME Clearinghouse, which offers significant guarantees and stability compared to unregulated and non-clearinghouse markets.
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