Since its launch in early Might, over 1 million Micro Bitcoin futures (MBT) contracts have been traded making it some of the profitable product launches in CME Group historical past. Micro Bitcoin futures continues to draw each lively futures & cryptocurrency merchants trying to capitalize on the Bitcoin market at a fraction of the associated fee.
“The addition of Micro Bitcoin futures has additional opened the door for lively retail merchants throughout asset courses to enter the futures market,” stated Martin Franchi, CEO of NinjaTrader Group, LLC. “We’ve seen the quick rise in recognition of this new micro contract among the many NinjaTrader person neighborhood correlate with rising demand from cryptocurrency merchants within the alternative to diversify and leverage skilled instruments of their buying and selling.”
Micro Bitcoin futures are cash-settled to the CME CF Bitcoin Reference Fee, which serves as a once-a-day reference fee of the U.S. greenback worth of Bitcoin.
There are a lot of advantages to buying and selling Micro Bitcoin futures vs the Bitcoin spot market together with:
- Lowered Monetary Dedication: Micro Bitcoin futures (MBT) are 1/tenth of 1 Bitcoin and 1/fiftieth of the usual Bitcoin futures contract. The smaller contract dimension permits for larger flexibility and diminished margin necessities.
- Commerce Lengthy or Quick: MBT futures, like all different futures contracts, will be traded from each the lengthy and brief facet with out restrictions. That is very handy for merchants in comparison with the spot Bitcoin market which may solely be traded from the lengthy facet.
- Clear Pricing: MBT futures commerce on the CME’s Globex digital buying and selling system, a extremely safe buying and selling system. All merchants see the identical worth, bid and supply which suggests larger transparency.
- Liquidity: CME’s liquidity pool is huge and world and is concentrated in a single order guide. Along with lively individuals from all over the world, there are numerous market makers that add depth and dimension to the order guide.
- Regulated Market: MBT futures are listed at CME Group and clear on the CME Clearinghouse which presents important safeguards and stability in comparison with unregulated markets with no clearinghouse.
Begin Buying and selling Micro Bitcoin with NinjaTrader
Open your NinjaTrader futures buying and selling account right this moment and begin buying and selling Micro Bitcoin futures.
NinjaTrader helps greater than 100,000 merchants worldwide with a strong and user-friendly buying and selling platform, deep low cost commissions and world-class help.
NinjaTrader is at all times free to make use of for superior charting, technique backtesting and an immersive sim buying and selling expertise.