Cryptocurrency
UK Crypto Futures Exchange Adds Bitcoin Cash Contract via @coindesk
As reported by Coindesk, “Crypto Facilities, the U.K-based crypto futures exchange and CME Group partner, is adding a bitcoin cash product to its offerings. “The firm announced Friday that it was launching the contract on its platform, which is regulated by the U.K. Financial Conduct Authority. Trading of the bitcoin cash future will begin at […]
As reported by Coindesk, “Crypto Facilities, the U.K-based crypto futures exchange and CME Group partner, is adding a bitcoin cash product to its offerings.
“The firm announced Friday that it was launching the contract on its platform, which is regulated by the U.K. Financial Conduct Authority. Trading of the bitcoin cash future will begin at 4 p.m. British Standard Time (BST).
“The contract joins the company’s existing bitcoin, ethereum, XRP and litecoin futures contracts. Investors can take long or short positions on bitcoin cash, ‘allowing them to broaden investment opportunities and hedge risk more effectively,’ according to the company.
“Crypto Facilities CEO Timo Schlaefer told CoinDesk that ‘bitcoin cash is a top-five cryptocurrency by market cap so it was a logical next step to add BCH to our BTC, ETH, XRP and LTC futures offering.'”