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Joerg Hiller Nov 18, 2024 05:40
BitMEX has introduced the XBTU25 Bitcoin futures contract, available for trading from November 18, 2024. The contract is margined in Bitcoin and will expire on September 26, 2025.
BitMEX, the prominent cryptocurrency exchange, has announced the launch of its latest Bitcoin futures contract, XBTU25, which went live on November 18, 2024, at 04:00 UTC. This new offering is underlined and margined in Bitcoin, with an expiration date set for September 26, 2025, according to BitMEX.
The XBTU25 futures contract allows traders to engage in monthly Bitcoin futures trading, providing opportunities to hedge or speculate on the price movements of Bitcoin against the US dollar. The contract is part of BitMEX’s suite of futures products, known for their high leverage and liquidity.
BitMEX continues to offer a variety of futures contracts with different settlement dates, catering to diverse trading strategies. The current lineup includes:
The introduction of the XBTU25 futures contract is anticipated to attract significant attention from traders seeking to leverage Bitcoin’s volatility. BitMEX’s robust trading platform and the appeal of Bitcoin as an asset class continue to make it a popular choice among cryptocurrency investors.
For further information on the XBTU25 contract or other trading products, traders are encouraged to visit BitMEX’s official website or contact their support team for assistance.
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