Terrill Dickey
November 26, 2024 09:12
BitMEX has introduced the XBTF25 Bitcoin futures contract, now tradable. This new contract, underlined and margined in Bitcoin, came into effect on November 26, 2024.
Leading cryptocurrency exchange BitMEX announced the launch of a new Bitcoin (BTC) futures contract, XBTF25. According to BitMEX, this contract will become available for trading on November 26, 2024 at 04:00 UTC. The XBTF25 contract is underlined and margined in Bitcoin, giving traders the opportunity to engage in futures trading with the well-established cryptocurrency.
Details of the XBTF25 contract
The XBTF25 futures contract is part of BitMEX’s lineup of Bitcoin futures products that are settled in Bitcoin. The contract began trading on the BitMEX platform, providing a new way for traders to predict future price movements of Bitcoin against the United States Dollar (USD). The settlement date for XBTF25 is set to January 31, 2025.
Current futures contracts on BitMEX
With the newly launched XBTF25 contract, BitMEX continues to offer a variety of Bitcoin futures contracts. These include XBTX24, XBTZ24, XBTH25, XBTM25 and XBTU25, each with their own listing and settlement dates. For example, XBTX24 was listed on September 24, 2024 and is scheduled to be settled on November 29, 2024, and XBTZ24, listed on March 12, 2024, is scheduled to be settled on December 27, 2024.
Implications for traders
The introduction of XBTF25 adds to the variety of trading options available on BitMEX, making it suitable for both short-term and long-term traders interested in Bitcoin futures. By expanding its futures products, BitMEX aims to provide traders with more flexibility and opportunities to hedge their positions or speculate on Bitcoin price movements.
For more information about the XBTF25 contract and other trading options, please visit the official BitMEX announcement page.
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