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BitMEX Launches New Bitcoin (XBT) Futures Contract XBTG25
BitMEX has announced the introduction of a new Bitcoin (XBT) futures contract, named XBTG25. The contract became available for trading on December 24, 2024, at 04:00 UTC, and is marginally settled in Bitcoin.
The newly launched XBTG25 contract is set to expire on February 28, 2025, providing traders with a fresh opportunity to engage with Bitcoin futures. This expansion is part of BitMEX’s ongoing efforts to broaden its range of financial products and cater to the diverse trading strategies and preferences of its users.
The XBTG25 contract offers traders the ability to speculate on the future price of Bitcoin against the US dollar, with settlement dates clearly outlined for efficient trading. Notably, this contract is one of several available, including XBTZ24, XBTF25, and XBTH25, each featuring distinct listing and settlement dates.
In its comprehensive portfolio of futures contracts, BitMEX aims to provide a diverse range of options, allowing traders to select the best possible matches for their market outlook and risk management strategies. The introduction of XBTG25 is expected to enhance liquidity and offer more dynamic trading opportunities on the BitMEX platform.
By expanding its offerings in this manner, BitMEX seeks to attract a broader range of investors, from retail traders to institutional players, who are interested in gaining exposure to Bitcoin’s price movements through futures contracts. This development aligns with the broader trend within the cryptocurrency markets where exchanges are increasingly offering sophisticated financial instruments to meet growing demand.
Traders can access XBTG25 directly on the BitMEX platform.
Source: Blockchain.News
