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.
What is the minimum price fluctuation for bitcoin futures?
As mentioned previously, the contract unit is 0.10 Bitcoin. 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.
What are the contract specs for CME bitcoin futures?
Here is a brief look at the contract specs for CME Bitcoin futures: From a practical standpoint, CME full-sized BTC futures are relatively expensive to trade. The significant tick value of $25.00 restricts many retail participants from becoming involved with the full-sized contract.
How do I start trading CME Group micro bitcoin futures?
If you already have Futures trading permission, you can begin trading CME Group Micro Bitcoin Futures. If you do not already have Futures trading permission, log in to Client Portal and request Futures trading permission via the Settings > Account Settings > Trading Experience & Permissions menu item.
