Micro Bitcoin Futures is a product suitable for small-scale investors due to its smaller contract size, which offers lower risk exposure. Users who purchased MBT have the financial obligation to buy or sell the underlying asset at an agreed-upon price on a predetermined date.
Can you trade Bitcoin futures?
Following the concept of trading regular assets like commodities and stocks as futures contracts, you can also trade bitcoin futures. In simple words, bitcoin futures involve two parties and a contract to buy or sell bitcoin at a specific future price and date. In late 2017, the CME Group introduced bitcoin futures contracts.
What is the difference between long and short bitcoin futures?
In a futures contract, you can enter a long or short position. Long is when a party promises to buy the asset at a specific date and a certain time, while short is when a party aims to sell the asset at a specific date and price. What are bitcoin futures?
What is the minimum price fluctuation for bitcoin futures?
The minimum price fluctuation for an outright futures position is $5.00 per Bitcoin, equivalent to $0.50 per contract. An outright futures position refers to the investors’ actions of going long or short without hedging market risks. The minimum price fluctuation for calendar spreads is $1.00 per Bitcoin, equivalent to $0.10 per contract.
