Cryptocurrency Exchange Coinfloor Is Going To Launch Bitcoin Futures
Representative of London cryptocurrency exchange Coinfloor said that the operator is going to launch bitcoin futures contracts next month:
CoinfloorEx to launch world's first physically delivered bitcoin futures. So proud of everyone at @Coinfloor for this exciting launch.
The CoinfloorEX exchange focused mainly on hedge funds and private trading firms, as well as representatives of the mining industry.
It was traders and large investors who began to criticize the settlement (non-deliverable) futures contracts for bitcoin. They convince that the underlying asset in this case may be subject to manipulation by unscrupulous market players.
The launch of futures for CoinfloorEX is scheduled for April.
Earlier, bitcoin futures trading started on the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME Group).