Bitfinex Derivatives, a derivatives platform accessible via crypto alternate firm Bitfinex, right this moment introduced the launch of a perpetual contract for ethereum/bitcoin.
Formally dwell as of 22/12/20 at 10:00 AM UTC, every contract will provide customers as much as 100x leverage and shall be settled in bitcoin (BTC)
Paolo Ardoino
“We’re delighted to be the primary main alternate to supply an ethereum/bitcoin perpetual contract. We anticipate nice curiosity, significantly amongst funds {and professional} buyers for hedging functions and to handle forex threat.”
– Paolo Ardoino, CTO at Bitfinex Derivatives
Bitfinex Derivatives platform and merchandise are solely out there in eligible jurisdictions, and are unique to verified customers. The derivatives platform is supplied by iFinex Monetary Applied sciences Restricted. References to Bitfinex Derivatives on this press launch are references to iFinex Monetary Applied sciences Restricted.