RATE Group | Crypto Derivatives Exchange FTX Launched Bitcoin Options Trading
75484
post-template-default,single,single-post,postid-75484,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
 

Crypto Derivatives Exchange FTX Launched Bitcoin Options Trading

12 Jan Crypto Derivatives Exchange FTX Launched Bitcoin Options Trading

Posted at 16:13h in Cryptocurrency News by

[ad_1]

Cryptocurrency derivatives exchange FTX has launched Bitcoin (BTC) options trading on Jan. 11.

FTX CEO Sam Bankman-Fried announced in a tweet yesterday that options were listed on the trading platform. Furthermore, later the same day he also claimed that options trading volume on the exchange reached $1 million in about 2 hours.

Noteworthy volume

While the announcement does not specify which crypto assets are supported by the options just launched on the platform, the website only shows Bitcoin-based options. According to cryptocurrency data website CoinGecko, FTX is the eighth top crypto asset exchange based on volume, with $277,8 million traded over the last 24 hours.

FTX was founded in early 2019 and provides professional derivative trading products, including quarterly and perpetual contracts on various crypto assets, leverage tokens and over-the-counter (OTC) services. The trading platform has also recently seen an investment from major crypto exchange Binance, as Cointelegraph

[ad_2]

Source link

Tags:
, , , , , , ,