Tyrell Dickey
26 November 2024 at 09:12
BitMEX has introduced the XBTF25 Bitcoin futures contract, which is now available for trading. This new contract, underlined and margined in Bitcoin, went live on November 26, 2024.
BitMEX, the leading cryptocurrency exchange, has announced the launch of its new Bitcoin (BTC) futures contract, XBTF25. This contract became available for trading on November 26, 2024, at 04:00 UTC, according to BitMEX. The XBTF25 contract and its margins are underlined in Bitcoin, offering traders the opportunity to participate in futures trading using an established cryptocurrency.
XBTF25 contract details
The XBTF25 futures contract is part of BitMEX's lineup of Bitcoin futures products, which are settled in Bitcoin. The contract has begun trading on the BitMEX platform, providing a new way for traders to speculate on future Bitcoin price movements against the US Dollar (USD). The settlement date for XBTF25 is set for January 31, 2025.
Current futures contracts on BitMEX
Besides the newly launched XBTF25 contract, BitMEX continues to offer a range of other Bitcoin futures contracts. These include XBTX24, XBTZ24, XBTH25, XBTM25, and XBTU25, each with distinct listing and settlement dates. For example, XBTX24 was listed on September 24, 2024, and is scheduled to be settled on November 29, 2024, while XBTZ24, listed on March 12, 2024, will be listed on December 27, 2024.
Implications for traders
The introduction of XBTF25 adds to the diverse trading options available on BitMEX, catering to both short-term and long-term traders interested in Bitcoin futures. By expanding its futures offerings, BitMEX aims to provide more flexibility and opportunities for traders to hedge their positions or speculate on Bitcoin price movements.
For more information about the XBTF25 contract and other trading options, traders are advised to visit the official website BitMEX Advertisement page.
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