18 Sep 2018 A Bitcoin futures contract is a contract that helps you to buy Bitcoin at an present market leader), Crypto Facilities, Deribit, OKCoin, Coinpit. 22 Nov 2018 No matter what the actual market price is when the contract executes, the futures on cryptocurrency exchanges like BitMEX and OKCoin. 16 Jun 2017 However, futures trading will be done on OKEX. Today, OKEX picks up where OKCoin left off. You can trade bitcoin and Litecoin contracts, for 14 Nov 2016 value of bitcoin could be used as building blocks for futures contracts exchanges, including the international arm of China-based OKCoin, 22 Apr 2015 This post will explain the process on BitMEX, Bitfinex, and OKCoin. If you wish to open 100 Bitcoin worth of futures contracts, you must 29 Sep 2017 In a statement to Reuters, OKCoin said it “never artificially inflated bought a futures contract on OKCoin's Hong Kong exchange, betting the
OKCoin’s futures trading platform allows traders to enter into contracts to buy or sell bitcoin at a later date and at a specified price. The contract can be used by conservative traders as a hedge against volatility, while more aggressive traders can pursue larger gains through such activities.
A review of the history, founding, and development of OKCoin exchange. of the OK Group, which also operates OKEx a digital asset futures trading exchange that OKCoin violated the terms of a contract for work on the website Bitcoin.com. 11 Sep 2019 PDF | In the Bitcoin futures markets, the dominating contracts are inverse such as Bitfinex, Gemini, Coinbase, Bitstamp, OKCoin and Kraken. OKCoin.com Review A futures contract is a forward contract with which commodities or financial products are traded at a predetermined price at a specific 22 Aug 2014 Earlier this month, Chinese cryptocurrency exchange OKCoin announced it was launching Bitcoin Futures trading. It is one of many financial 4For example, OrderBook, OKCoin and BITVC Figure 2: Bitcoin futures quotes and spot prices for futures contracts expiring March 2014 and September 2014 30 May 2018 CoinfloorEX will offer for the first time ever physically delivered cryptocurrency futures contracts, created to protect investors and traders against
A Bitcoin futures guide is really all about understanding the contracts and how to mitigate risk by hedging positions. Let’s take a quick look at the brokers that allow Bitcoin futures trades: BitMEX – no minimum deposit, lots of features and leverage of 1:100; however, it has high withdrawal fees and is generally not recommended for beginners.
OKCoin deals in futures, which are contracts for exchange of BTC for USD (or other fiat-currencies) that are settled periodically, for example once a month. Traders can go long or short in these contracts and for each trader having a losing position, an equivalent winning position is had by the counterparty or counterparties. Futures are financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, such as a commodity or financial instrument, at a predetermined future date and price
OKCoin Futures Trading Example. The bitcoin price is currently $400 USD and I think it will go up to $450. If I deposit 1 bitcoin as collateral, I can trade with up to $8000. With that $8000 I can ‘Long’ 80 Bitcoin Futures Contracts, the equivalent to 20 Bitcoins at $400. If price goes up to $450 my contracts are worth $9000.
Okex has promised to roll back futures transactions after irregular activity saw bitcoin plunge to under $4,800. The incident triggered massive liquidations, wiped out hundreds of contracts, and saw one trader threaten to commit suicide in front of Okex’ Hong Kong offices. This is the reason why OKCoin doesn’t allow US traders to buy and sell futures contracts any longer, Buntinx says. While OKCoin took certain steps earlier to prevent US citizens from futures trading, some ways still remained to circumvent these regulations. In doing so, traders ensure they can handle any type of price change that will occur at any given time. Considering bitcoin can be somewhat volatile at times, there will be brief dips and peaks, and OKCoin allows traders to take advantage of all of these changes whenever they want to. An interesting take on things, Futures Account is used for futures trading and shows the assets of a user for futures trading. Our futures contracts are USDT-margined, or coin-margined. Futures contracts of different underlying currencies have independent Futures Account,the yield and risk in each account are separately calculated. The most common futures contract structure in Bitcoin is worth a fixed amount of USD and pays out in Bitcoin. BitMEX, OKCoin, BitVC, and ICBIT all have futures contracts using this structure. BitMEX offers a XBU chain where each contract is worth $100 in Bitcoin, and quoted in USD.
4For example, OrderBook, OKCoin and BITVC Figure 2: Bitcoin futures quotes and spot prices for futures contracts expiring March 2014 and September 2014
18 Sep 2018 A Bitcoin futures contract is a contract that helps you to buy Bitcoin at an present market leader), Crypto Facilities, Deribit, OKCoin, Coinpit. 22 Nov 2018 No matter what the actual market price is when the contract executes, the futures on cryptocurrency exchanges like BitMEX and OKCoin.