Coinflex began trading in cryptocurrency futures in the Asian market

February 20, the Coinflex platform, providing futures for Bitcoin with physical delivery and credit shoulder up to 20X, announced

The fact that the platform website began work. Last month, it was reported that the trading platform plans to offer bitcoin futures contracts (BTC), Bitcash (BCH) and Ether (ETH), which will be traded against Tether (USDT).


Coinflex belongs to a consortium in which Trading Technologies International, a cryptocurrency trader Mike Komaransky and Dragonfly Capital Partners. Marketers B2C2, Global Advisors, Alameda Research, Amber Ai, Grapefruit Trading, Coinfloor and its subsidiaries also partially own Coinflex.


Coinflex platform is headed by Director General Mark Lamb (Mark Lamb), which has published on Wednesday

At Medium, which described in detail the differences between traditional futures and fewenet players for cryptocurrencies. He explained that traditional stock exchanges usually have a minimum of two, and often three or four levels of intermediaries between the stock exchange and the client. Traditional brokerage companies on futures and futures mediators also usually require the client to be an individual or professional trader with a high level of income and experience in financial markets.


 "I fell in love with Bitcoin, because it is open and transparent," Lamb said. "Everyone has the opportunity to make transactions on the same network. Anyone who has the appropriate tools can control the node, and I will not give up your proof-of-work, because you came from another country, do not speak my language or do not meet the "Capital Requirements" established by the Government. Cryptocurrency derivatives work similarly to Bitcoin. Virtually anyone can take part in transactions, regardless of their capital, geographical location or having a bank account. "

The first half of 2019 promises to be quite active for cryptocurrency futures contracts. At the end of November last year, Nasdaq stated that it plans to launch futures for Bitcoin in 2019. In addition, this year is expected

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