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NinjaTrader Group, a clearing, brokerage, and expertise supplier for energetic merchants by way of its subsidiaries NinjaTrader and Tradovate, immediately introduced that its corporations are among the many first to supply the brand new Nano Bitcoin futures (BIT) contract launched by the Coinbase Derivatives Alternate.
Every Nano Bitcoin futures contract is sized at 1/100 the value of a bitcoin, representing the smallest measurement cryptocurrency futures contract obtainable. The contract permits merchants to go lengthy or quick bitcoin, offering a chance to make the most of the markets moving into both course.
Those that have an present crypto place can use the brand new Nano Bitcoin contract to hedge towards that place, and others who might have been reluctant to spend money on bitcoin immediately can take part within the motion of the value for a a lot smaller funding.
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