September 28, 2022

Bakkt Launches Two New Trading Options

Bakkt Launches Two New Trading Options

On December 9, Bakkt Exchange launched two new trading services: options for bitcoins (USD) and settlement futures Bitcoin contracts.

Last month, the Bakkt platform announced plans to offer cash-based Bitcoin futures, not just a physically sound product.

Following Bakkt's announcement of two new servicesmost members of the crypto community expressed their skepticism about them, suggesting that these cash-settled options are responsible for manipulating markets and artificially lowering prices.

However, it is still unclear whether there were futuresMarkets are responsible for the collapse of BTC prices in 2018. Despite all the accusations, futures trading remains popular, the total volume of contract trading increased significantly in 2019. CME sells only bills, but Bakkt offers a wider range of services.