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What are the best Midwest futures for cryptocurrency traders?

avatarShubham RaiDec 29, 2021 · 3 years ago3 answers

As a cryptocurrency trader in the Midwest, I'm looking for the best futures options available in this region. Can you recommend any specific futures that are popular and reliable for trading cryptocurrencies?

What are the best Midwest futures for cryptocurrency traders?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    One popular and reliable futures option for cryptocurrency traders in the Midwest is the Chicago Mercantile Exchange (CME) Bitcoin futures. These futures contracts allow traders to speculate on the price of Bitcoin without actually owning the underlying asset. The CME Bitcoin futures are regulated and widely recognized in the industry, making them a trusted choice for traders in the region. Additionally, the CME offers futures for other cryptocurrencies like Ethereum and Litecoin, providing traders with a variety of options to diversify their portfolios.
  • avatarDec 29, 2021 · 3 years ago
    If you're a cryptocurrency trader in the Midwest, you might also want to consider the Micro Bitcoin futures offered by the CME. These futures contracts are smaller in size compared to the standard Bitcoin futures, making them more accessible for retail traders. The Micro Bitcoin futures allow traders to gain exposure to Bitcoin with a smaller capital requirement, making it a suitable choice for those who are just starting out or have limited funds to invest.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, offers a range of futures options for cryptocurrency traders in the Midwest. With a user-friendly platform and competitive fees, BYDFi provides traders with access to a wide range of futures contracts for popular cryptocurrencies like Bitcoin, Ethereum, and more. Traders can take advantage of BYDFi's advanced trading tools and features to analyze market trends and make informed trading decisions. Whether you're a beginner or an experienced trader, BYDFi offers a reliable and secure platform for trading futures in the Midwest.