NinjaTrader Group, a global specialist in clearing, brokerage and technology solutions for active traders through its subsidiaries NinjaTrader and Tradovate, is among the first to offer the new Nano Bitcoin futures (BIT) contract just launched by Coinbase Derivatives Exchange.
The cryptocurrency futures contract can be traded via NinjaTrader or Tradovate without any commissions or market data fees.
Each Nano Bitcoin futures contract is sized at 1/100 the price of a bitcoin, representing the smallest size cryptocurrency futures contract available today. The contract enables traders to go long or short bitcoin, providing an opportunity to take advantage of the markets going in either direction. Those who have an existing crypto position can use the new Nano Bitcoin contract to hedge against that position, and others who may have been reluctant to invest in bitcoin directly can participate in the movement of the price for a much smaller investment.
