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BitMEX delists six altcoin futures to free up trade engine capacity

BitMEX, the bitcoin and cryptocurrency derivatives exchange company announced to customers that on Friday, March 30th they will be making the following changes to altcoin products.

First, the 0.25% settlement fee will be removed from futures products. BitMEX hopes this will bring greater liquidity by removing barriers to entry and exit. Also, the company will be removing the DASH, ETC, NEO, XMR, XLM, and ZEC futures contracts.

The decision was made to free up trading engine capacity on its more popular contracts. Later on, after certain optimizations are made, BitMEX said they may re-list them.

Futures that will remain are the ADA, BCH, ETH, LTC, and XRP contracts and they have already been re-listed for another quarterly:

BitMEX Cardano / Bitcoin 29 June 2018 futures contract (ADAM18)
BitMEX Bitcoin Cash / Bitcoin 29 June 2018 futures contract (BCHM18)
BitMEX Ether / Bitcoin 29 June 2018 futures contract (ETHM18)
BitMEX Litecoin / Bitcoin 29 June 2018 futures contract (LTCM18)

Source:BitMEX

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