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Bitfinex Derivatives To Launch Silver (XAGF0:USTF0) Perpetual Swap

Date 26/10/2020

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 Silver (XAGF0:USTF0).

Silver (XAGF0:USTF0) went live on 26/10/20 at 9:00 AM UTC. The contract will offer users up to 100x leverage and will be settled in Tether (USDt) tokens.

“As the second precious metal offering, we anticipate a ready uptake for this silver perpetual contract,” said Paolo Ardoino, CTO at Bitfinex Derivatives. “This offering is available to sophisticated traders for the purposes of hedging and managing 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.