Bitfinex Derivatives, a derivatives platform accessible through the Bitfinex digital token trading platform has launched of a perpetual contract for Ethereum/bitcoin.
Each contract offers users up to 100x leverage and will be settled in bitcoin (BTC).
“We’re delighted to be the first leading exchange to offer an Ethereum/bitcoin perpetual contract,” say Paolo Ardoino, CTO at Bitfinex Derivatives. “We anticipate great interest, particularly among funds and professional investors for hedging purposes and to manage currency risk.”
Bitfinex Derivatives platform and products are only available in eligible jurisdictions, and are exclusive to verified users.