BitMEX to Launch EOS, LINK, XTZ, and ADA ‘Quanto’ Futures Contracts Soon
bitcoinschannel.com
The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). BitMEX will also provide quanto futures contracts for ADA and EOS, which already attract significant trading traffic on the exchange.
As a consequence, all margins are posted in XBT (BitMEX’s Bitcoin futures ticker), and traders ‘earn or lose XBT as the pairing’s exchange rate changes’. BitMEX offering new futures contracts may come as good news for traders looking to dabble in more altcoin derivatives.
Read in Full: bitcoinschannel.com