Citigroup Launches US Bitcoin Futures Trading

Financial conglomerate Citigroup is awaiting regulatory approval to begin trading futures on digitalgold on the Chicago Mercantile Exchange (CME). This was reported by CoinDesk, citing its own sources.

One of the publication’s interlocutors noted that the bank recorded a surge of interest in cryptocurrency from clients against the backdrop of the recent rise in the price of Bitcoin to $50,000.

Citigroup is actively recruiting for the London-based digital asset group, according to another unnamed source.

"The team is likely to get approval to start trading bitcoin futures on the CME, and then on cryptocurrency-based exchange notes."- he added.

In June, Citigroup announced the creation of a digital currency group within its asset management business, Citi Global Wealth Investments.

In May, Citigroup's head of foreign exchange operations, Itai Takman, said that the bank was considering launching services for trading and storing cryptocurrencies.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Huobi	https://huobi.com	7.4
3	Exmo	https://exmo.me	6.9
4	OKEx	https://okex.com	6.5
5	Bybit	https://bybit.com	6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Additional features and services— futures, options, staking, NFT marketplace.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• final grade– the average number of points for all indicators determines the place in the ranking.

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