Bitcoin is an innovative electroniccurrency. It is created by decentralized computer network system and governed by advanced algorytms.
The second major security based on bitcoin is operating to trade on the Chicago Mercantile Exchange.
The CME Group, one of the US's largest exchanges of options and futures ,opened up bitcoin futures contracts for trading at 6 p.m. EST Sunday. The initial price for bitcoin futures was $20,650, and the crypto currency was trading at $20,135 at 6:08 p.m. EST.
The digital currency has increased in popularity and gain this year whilst drawing doubts regarding its volatility.
The CME bitcoin options contracts, like the bitcoin futures that now trade on the Chicago Board Options Exchange, do not need tangible bitcoin. They will track an index of bitcoin price. Each contract will be for 5 bitcoin.
Trading contracts for difference with 24option is a great way to invest in Bitcoin and Ethereum. Using its variety and low minimum account balance of $100, 24option offers a wide assortment of investments to develop a solid investment strategy around, litecoin CFDs and alongside bitcoin. Here is how to open a merchant account and get started trading in BTC/USD and LTC/USD..
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