Cryptocurrency Exchange EQONEX has launched BTC Dated Futures with physical settlement allowing traders to use commonly deployed derivatives trading strategies in cryptocurrency markets.
This latest launch by EQONEX follows the introduction of Cross Collateral functionality, ether (ETH) Perpetual Futures, and BTC Perpetual Futures in 2021. Dated Futures for additional cryptocurrencies including ETH will also be available on EQONEX in the coming months.
A Dated Futures contract enables users to enter into a binding agreement to buy or sell the underlying asset, in this case BTC, at a predetermined price at a specified date in the future. Futures contracts are commonly used to speculate on the direction of an underlying asset using leverage, and hedge against price movements.
