NinjaTrader Group, a clearing, brokerage, and know-how supplier for energetic merchants by way of its subsidiaries NinjaTrader and Tradovate, right this moment introduced that its companies are among the many first to supply the brand new Nano Bitcoin futures (BIT) contract launched by the Coinbase Derivatives Change.
Every Nano Bitcoin futures contract is sized at 1/100 the value of a bitcoin, representing the smallest dimension cryptocurrency futures contract obtainable. The contract allows merchants to go lengthy or quick bitcoin, offering a chance to reap the benefits of the markets entering into both route.
Those that have an current 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.
