RATE Group | Bitfinex launches cryptocurrency options in the first quarter of 2020
68554
post-template-default,single,single-post,postid-68554,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitfinex launches cryptocurrency options in the first quarter of 2020

14 Nov Bitfinex launches cryptocurrency options in the first quarter of 2020

Posted at 02:32h in Cryptocurrency News by

[ad_1]

  • Bitfinex aims to expand the list of available instruments.
  • Cryptocurrency-based options may be launched as early as in the first quarter of 2020.

The Hong Kong-based cryptocurrency exchange Bitfinex has plans to launch options in the first quarter of 2020 and issue its gold-backed stablecoin Tether Gold, according to the chief technical officer of Bitfinex and Tether Paolo Ardoino.  

This summer Bitfinex launched cryptocurrency derivatives which were rather costly, Ardoino confessed in the recent interview with The Block.

” That was a big project. It each require a few months of full-time development,” he said. 

Currently, apart from the options, the team is working on legal compliant basket futures and well, basket perpetual swaps

“I see that some other competitor is now rolling out tighter based perpetual swaps and futures market. That is a really big weakness for us because it gives more trust, more and more spread to tether, even farther. And these…

[ad_2]

Source link

Tags:
, , , , ,