Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Galaxy on September 04, 2020, 09:24:18 PM
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BitMEX said early Friday morning it plans to introduce futures markets for two cryptocurrencies, the first new coins to appear on the exchange in over two years.
The stalwart cryptocurrency derivatives exchange announced new futures markets for chainlink (LINK) and tezos (XTZ), two cryptocurrencies with triple-digit year-to-date returns, in addition to new contracts for eos (EOS) and cardano (ADA), two coins already traded in futures markets on BitMEX.
Info link: https://www.coindesk.com/bitmex-to-list-futures-for-new-crypto-coins-for-first-time-in-over-2-years
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BitMeX has listed a cryptocurrency for the first time since Tron's (TRX) listing in 2018, BitMeX is known for its selective attitude in this regard.With an average 24-hour transaction volume of close to $ 5 billion, BitMEX seems not to be indifferent to the interest in Chainlink.
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The new altcoin futures will trade against tether (USDT) ins ;)tead of bitcoin (BTC). In Friday's announcement, BitMEX said the reason for this is because “USDT pairs account for over 60% of overall altcoin volume.” By listing tether pairs, “we are providing users with the trading options to better meet their needs,” BitMEX said.