April 25, 2024

Ethereum futures trading started on CME

Ethereum futures trading started on CME

Tim McCourt, Managing Director of the Chicago Stock Exchange (CME), spoke about the stunning results of the first daytrading in ether futures.

According to him, the session ended with the implementation of 388contracts under the ticker ETH. We are talking about the equivalent of 19,400 ETH coins for a total amount of up to $33 million — These are stunning results, McCourt said.

Let us remind you that last Thursday, February 8, ether futures became available to investors on the Chicago Stock Exchange.

Before the start of trading, altcoin suddenly startedfall in price, but the day before it was able to return to growth. Today the ether rate has exceeded $ 1800. Cryptocurrency capitalization per day increased by 10% to $ 206.731 billion.

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One contract is equivalent to 50 ETH. The minimum trading threshold is five contracts.

Note that CME launched bitcoin futuresback in December 2017. Now such a product is also available to users of the Binance, Kraken, Bybit, Bitfinex, BitMEX, Bakk, OKEx, FTX, Huobi, Deribit and CoinFlex platforms.

According to Skew, open interest in BTC futures reached a record high this week (over $ 15 billion).

Ethereum futures trading started on CME

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

For a safe and convenient purchase of cryptocurrency, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that supportDeposit and withdrawal of funds inrubles, hryvnias, dollars and euros.

The most reliable platforms with the largest cash turnover have been for several yearsthe largest cryptocurrency exchange in the world is Binance.Binance is the most popular crypto exchange in the CIS, as it hasmaximum trading volumes 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?

# Cryptocurrency exchange Official site Site evaluation
1 Binance (Editor's Choice) https://binance.com 9.7
2 OKEx https://okex.com 7.4
3 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5
5 Yobit https://yobit.net 6.3

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

  • Work reliability&#8212; 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.
  • 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.
  • Platform Features– availability of additional features &#8212; futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Ethereum futures trading started on CME

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