Bitfinex Derivatives Launches Bitcoin Dominance Perpetual Swaps

[newshunter]

Bitfinex Derivatives Launches Bitcoin Dominance Perpetual Swaps

The derivatives platform for Bitfinex cryptocurrency exchange is launching a new perpetual swaps product today that enables traders to speculate on Bitcoin dominance.

Source: Bitfinex Derivatives Launches Bitcoin Dominance Perpetual Swaps

Would appreciate your opinion about this

[Leonardo]

The problem with Bitfinex is that it's being lack of volume. Being based on 7 altcoins/BTC pairs makes Bitcoin Dominance Perpetual unpredictable and less volitle. This is such a good thing but Bitfinex is losing its glories and lost market share to Binance or OKex. Hopefully this perpetual swaps will  help take its place back.

[bigcash2011]

No doubt it is a unique and competetive product from bitfinex but i agree with the fact that most of bitfinexes userbase and volume has been attracted by binance which is troubling many exchange platforms including bitfinex.

[ShadowCrypto]

Bitfinex was so good 2+ years ago, meybe they are doing some right decisions, development can't stop, there is aways something new to do.