What are the live ASX futures for cryptocurrencies?

3 answers

• Mar 18, 2022 · 3 years ago
  Sure! The ASX (Australian Securities Exchange) offers futures contracts for several cryptocurrencies. These contracts allow traders to speculate on the future price movements of cryptocurrencies without actually owning the underlying assets. Currently, the ASX futures market offers futures contracts for Bitcoin, Ethereum, and Ripple. These contracts are settled in cash and are based on the price of the respective cryptocurrencies on selected cryptocurrency exchanges. Traders can take long or short positions on these futures contracts, depending on their market outlook.
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• Mar 18, 2022 · 3 years ago
  The ASX futures market provides a regulated and transparent platform for trading cryptocurrencies. It allows investors to gain exposure to the price movements of cryptocurrencies without the need to directly hold the digital assets. This can be particularly useful for institutional investors who may have restrictions on holding cryptocurrencies. The availability of ASX futures for cryptocurrencies also adds liquidity to the market and provides more options for traders to manage their risk.
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• Mar 18, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, also offers live ASX futures for cryptocurrencies. Traders can access these futures contracts through the BYDFi platform, which provides a user-friendly interface and advanced trading features. The availability of ASX futures on BYDFi allows traders to diversify their trading strategies and take advantage of the price movements in the cryptocurrency market. Whether you're a beginner or an experienced trader, BYDFi provides a reliable and secure platform for trading ASX futures for cryptocurrencies.
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