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Bitfinex has launched derivatives contracts on bitcoin and ether

Cryptocurrency exchange Bitfinex has launched derivatives products for trading bitcoin and live in pairs with steilcoom USDT. Pair BTCF0/USDt0 and ETHF0/USDt0 were opened for trading after completion of technical works in this Monday, follows from the data exchange.

To get access to the tools, you need to go to the tab “Derivatives” in the main trading interface Bitfinex. They allow you to trade crypto-currencies with leverage up to 100x.

Bitfinex said that the main objective of a new product, hedging risks. Open-ended contracts Bitfinex available for residents of USA, Canada and Switzerland.

In addition, the parent company iFinex Bitfinex announced the launch of a new division of the Financial Technologies focused on enhancing trade opportunities for customers of the exchange. Technical Director Bitfinex Paolo Ardoino said:

“We welcome the opportunity to create a new, in the past unavailable products on its site. The new platform will expand our growing portfolio and will allow Bitfinex to gain a foothold as a leader of innovation in the market.”

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