Bitfinex Derivatives* offers a derivatives platform accessible through Bitfinex, a state-of-the-art digital token trading platform. Bitfinex Derivatives has today announced the launch of a perpetual contract for Ethereum/bitcoin (ETHF0:BTCF0).
ETHF0:BTCF0 went live on 22 December 20 at 10:00 AM UTC. Each contract will offer users up to 100x leverage and will be settled in bitcoin (BTC).
“We’re delighted to be the first leading exchange to offer an Ethereum/bitcoin perpetual contract,” said Paolo Ardoino, CTO at Bitfinex Derivatives. “We anticipate great interest, particularly among funds and professional investors for hedging purposes and to manage currency risk.
”Bitfinex Derivatives platform and products are only available in eligible jurisdictions, and are exclusive to verified users.
* The derivatives platform is provided by iFinex Financial Technologies Limited. References to Bitfinex Derivatives in this press release are references to iFinex Financial Technologies Limited.
*All deposits, activities, and users are subject at all times to all of the terms of service in effect on Bitfinex. U.S. persons are not permitted to use Bitfinex or any of its services.