Bitcoin Monthly Contracts Will Be Coming To KuMEX!

in #crypto • 5 years ago

Bitcoin futures is a type of trading that is used by traders who wants to hedge their other investments when trading in volatile markets. And there are benefits to this type of trading like investors can mitigate the risk of a falling price by simultaneously taking a "short" future position on the asset in question. They can speculate the direction of the market and with speculation comes stability on the price flunctuations.

Michael Gan, the CEO of KuCoin Exchange where KuMEX came from announced that the platform will launching a bitcoin monthly futures in just weeks. See this news: https://www.fxstreet.com/cryptocurrencies/news/kucoins-kumex-to-launch-bitcoin-monthly-contracts-201910170359

5 years ago in #crypto by
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