Thursday April 15, 2021
Bitcoin (BTC) $62,164.00   Ether (ETH) $2,423.03
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Crypto Exchanges

BTSE launching new leveraged bitcoin futures product

Published by CryptoNinjas.net
05/21/2019
BTSE launching new leveraged bitcoin futures product

BTSE, a UAE crypto asset exchange, today announced the launch of a new futures trading platform, BTSE Futures, along with its 100x leveraged Bitcoin futures product. BTSE Futures is scheduled to begin trading in June 2019.

The new BTSE Futures platform supports fiat and cryptocurrency as margin collateral. Traders can post margin using a combination of both fiat and crypto when they trade USD-settled Bitcoin or Tether futures, without the need to make currency conversions.

BTSE supports 7 major fiat currencies, including USD, EUR, JPY, and GBP, and 4 major cryptocurrencies, including BTC, ETH, LTC, and USDT.

Linear US Dollar Settled Futures

Although commonplace in the cryptocurrency space, inverse futures contracts, non-linear in nature, result in a complex mechanism of deriving profit and loss. Conversely, traditional futures contracts embrace a linear design. Every price movement of a contract translates directly into profit-and-loss proportionally.

BTSE Futures platform embraces a simple linear design, where profit and loss are settled in US Dollar. Users can convert profits into native currencies of choice with one click through the platform’s multi-currency spot wallet or purchase USDT using the all in one order book.

[perfectpullquote align=”full” bordertop=”false” cite=”Jonathan Leong, CEO of BTSE” link=”” color=”” class=”” size=””]”BTSE Exchange aims to become a leader in providing a suite of liquidity products to cryptocurrency traders and investors. Our multi-collateral futures platform bridges a gap between traditional fiat-based traders and coin holders. Additionally, our multi-currency order book enables global users to trade in an aggregated order book with thick liquidity.”[/perfectpullquote]

For those interested, a testnet of the futures product is currently available.

14
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Taiwan crypto exchange BTSE to improve market pricing through Wootrade
Crypto Exchanges

Taiwan crypto exchange BTSE to improve market pricing through Wootrade

02/02/2021
Crypto derivatives exchange BTSE goes live with new consolidated order book
Crypto Exchanges

BTSE now offers multi-asset margin and settlement for bitcoin (BTC) dominance futures

07/21/2020
Crypto derivatives exchange BTSE goes live with new consolidated order book
Crypto Exchanges

BTSE launches new OTC RFQ with 18 options of instant fiat, crypto and stablecoin trading

04/23/2020
Crypto derivatives exchange BTSE adds deposit support for GBP Faster Payments
Crypto Exchanges

Crypto derivatives exchange BTSE adds deposit support for GBP Faster Payments

03/16/2020
Crypto derivatives exchange BTSE goes live with new consolidated order book
Token Offerings/Listings

BTSE to conduct its own exchange token sale on Blockstream’s Liquid Network

02/25/2020
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Crypto trading app Orion Terminal expands to Polkadot with Moonbeam integration

Crypto trading app Orion Terminal expands to Polkadot with Moonbeam integration

04/14/2021
BSCstarter unveils 12 community-selection projects for Binance Smart Chain

BSCstarter unveils 12 community-selection projects for Binance Smart Chain

04/14/2021
ShapeShift adds decentralized native bitcoin trading through integration with THORChain

ShapeShift adds decentralized native bitcoin trading through integration with THORChain

04/14/2021
Token of Bitcoin-based protocol Sovryn (SOV) begins trading after $9M investment

Token of Bitcoin-based protocol Sovryn (SOV) begins trading after $9M investment

04/14/2021
Bitcoin ATM machine company CoinFlip enters Washington State with 13 new locations

Bitcoin ATM machine company CoinFlip enters Washington State with 13 new locations

04/14/2021
Japan crypto exchange bitbank AUM reach 289.8 billion yen

Japan crypto exchange bitbank AUM reach 289.8 billion yen

04/15/2021
Sommelier gets $1M R&D grant from The Graph to deliver blockchain market data improvements

Sommelier gets $1M R&D grant from The Graph to deliver blockchain market data improvements

04/15/2021
DeFi platform Sheesha Finance and aggregator Plasma Finance team up to improve asset management

DeFi platform Sheesha Finance and aggregator Plasma Finance team up to improve asset management

04/15/2021
Crypto derivatives exchange BitWell adds Alchemy Pay gateway

Crypto derivatives exchange BitWell adds Alchemy Pay gateway

04/15/2021
FDT onboards Fireblocks to improve crypto-asset security for Asian market

FDT onboards Fireblocks to improve crypto-asset security for Asian market

04/14/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version