CRYPTO FACILITIES TO LAUNCH BITCOINCASH-DOLLAR FUTURES

in #bch6 years ago (edited)

Crypto trading platform Crypto Facilities has added Bitcoin Cash (BCH) to its list of futures products, announcing in a press release that the product would go live at 4PM BST Friday, August 17.

https://www.cryptofacilities.com/cryptocurrency-news/bch-usd-futures

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Crypto Facilities, which rose to prominence when it partnered with CME Group on its first-of-its kind Bitcoin futures in December 2017, said the move reflected Bitcoin Cash’s status as a “top five coin” by market cap.

It will be interesting to see the market action as the launch of Bitcoin futures market the top in the rally. The platform already offers Bitcoin (BTC), Ripple (XRP), Ethereum (ETH) and Litecoin (LTC) futures.

Timo Schlaefer, CEO of Crypto Facilities, said:

“We are pleased to be expanding our cryptocurrency derivatives offering with the launch of BitcoinCash futures. BCH is a top five coin with a market capitalisation of around $10 billion* and we expect our new contracts to spur the evolution of the crypto markets by bringing greater liquidity and transparency to the digital asset class.”

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