RATE Group | Bitcoin [BTC], XRP, Ethereum [ETH], Litecoin [LTC], and Bitcoin Cash [BCH] perpetual fut…
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Bitcoin [BTC], XRP, Ethereum [ETH], Litecoin [LTC], and Bitcoin Cash [BCH] perpetual fut…

02 Sep Bitcoin [BTC], XRP, Ethereum [ETH], Litecoin [LTC], and Bitcoin Cash [BCH] perpetual fut…

Posted at 11:32h in Ethereum News by

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Crypto Facilities, a Financial Conduct Authority-regulated trading platform, recently announced that they would be launching new futures contracts for Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC], Bitcoin Cash [BCH] and XRP. These contracts will also be perpetual, they stated.

Their announcement on Twitter said:

“We have just launched Perpetual Futures on 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!”

The pairs for the contracts are BTC/USD, ETH/USD, LTC/USD, BCH/USD, XRP/USD and XRP/BTC. All contracts except the XRP/BTC are inverse perpetual futures, with the remaining contract being a vanilla perpetual futures one.

To understand what a perpetual futures contract is, one must understand what a futures contract is. They are a kind of derivative product that are represented by a contract to trade a commodity or asset at a specified time…

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