Wednesday, October 27, 2021
HomeNewsErisX Launches Physically-Settled Bitcoin Futures Contracts

ErisX Launches Physically-Settled Bitcoin Futures Contracts

ErisX received approval from the United States Commodity Futures Trading Commission (CFTC) and will offer these Bitcoin futures contract together with its regular spot trading, which currently supports four assets.

The ErisX website specifies that when it’s time for settlement the buyer of the futures contract will receive crypto, while the seller will receive US dollars. However, members are only welcome if they have $10,000 as a minimum balance.

Image Credits: ErisX Medium

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