NinjaTrader Group, a clearing, brokerage, and expertise supplier for energetic merchants by means of its subsidiaries NinjaTrader and Tradovate, at present introduced that its companies are among the many first to supply the brand new Nano Bitcoin futures (BIT) contract launched by the Coinbase Derivatives Alternate.
Every Nano Bitcoin futures contract is sized at 1/100 the value of a bitcoin, representing the smallest dimension cryptocurrency futures contract obtainable. The contract allows merchants to go lengthy or brief bitcoin, offering a chance to benefit from the markets entering into both route.
Those that have an current crypto place can use the brand new Nano Bitcoin contract to hedge towards that place, and others who could have been reluctant to spend money on bitcoin immediately can take part within the motion of the value for a a lot smaller funding.
