Bitfinex launches UK crude, palladium and platinum perpetual contracts
Bitfinex Derivatives has launched a range of perpetual contracts providing access to some of the largest and most popular global commodity indices. Contracts are now available for UK crude oil, palladium, and Platinum.
The launch of the commodity contracts will allow Bitfinex Derivatives customers to trade products that are usually found on traditional financial exchanges, but subject to restricted trading hours. On Bitfinex Derivatives, they will be available to trade 24-hours a day, seven days a week.
The commodities join Bitfinex Derivatives’ expanding perpetual trading portfolio of more than 60 crypto perpetuals, as well as silver perpetuals (XAG-Perp), tether gold perpetuals (XAUT-Perp) and FX perpetuals on euro, yen and sterling (EUR-Perp, JPY-Perp, and GBP-Perp).
The new contracts went live on 15 March at 10:30 AM UTC, and will offer users up to 100x leverage, settled in tether tokens (USDt).