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Bitcoin trading is one thing but now the just like other assets like oil, bitcoin futures are being launched around the world. While these futures may not aid in the development or acceptance of bitcoin in the masses, it will bring a valuable mode of investment for those who don’t want its extreme volatile nature to affect their investments. That is the whole idea of these so-called derivatives of bitcoin.
Now futures are being launched around the world and people can now trade in them rather than trading in bitcoin itself. They will also bring much-needed stability to the cryptocurrency charts which is necessary in order to fully qualify them as currencies and not just digital assets that can be transferred from one person to another. What we have around us are cryptocurrency exchanges that deal directly in cryptocurrencies and not their derivatives and neither are they equipped or designed to do so.
This leaves a gap for others to fill. Quedex has launched a new Bitcoin Futures and Options Market in anticipation with the worldwide interest in bitcoin futures. These bitcoin derivatives were previously being traded on platforms like CME and OBE that are practically fiat exchanges. With Quedex, the cryptocurrency world will get its first bitcoin-centric futures trading platform.
The main idea with Quedex is that it is much better aligned for crypto traders and offers them an opportunity to make additional gains on top of the growth of the price in bitcoin. There is also the risk associated with short CME futures positions. Quedex short sellers on the other hand will never get margin when fully collateralized. Quedex is also suited for the cryptocurrency world because it operates 24/7 rather than 9-5 5 days routine of the usual futures market.
Crypto traders aren’t used to a short exchange-open period which is followed by expected volatility. The futures market opens a new set of possibilities for active traders. Now any market scenario can be envisioned with the help of comprehensive positions. According to Matt Wywial, the co-founder of Quedex:
“It is very important that the options are consistent with the prevailing inverse futures standard. Only that way active traders can easily hedge their option positions with futures or apply put-call parity in options arbitrage. Quedex is the first one to offer bitcoin-denominated futures and options consistently, each with $1 notional amount”
Any investor or trader can easily add the new trading instruments to their portfolio and hedge the options with the help of Quedex futures. Since both of these options can be settled in Bitcoin and no fiat deposits are necessary, users can profit immensely from the new platform without having the requirement to convert from crypto to fiat and vice-versa all the time.
The Quedex platform has been developed with ultimate security as a long-term goal. The risk management is done in such a way that market manipulations, cascading margin calls and flash crashes are avoided. Investors’ funds are stored in cold storage which gives them an additional layer of protection. All trading activity between the client and the platform is protected by end-to-end PGP protection encryption and authentication is done with the help of private-public key digital signatures.
This no-nonsense approach to security will appeal to users. The platform is registered in Gibraltar, UK overseas territory and the law is very blockchain and bitcoin-trading friendly over there. Setting up an account on Quedex takes less than one minute!
Visit the Quedex Bitcoin Derivatives Exchange: https://quedex.net/
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