The world's first Bitcoin-settled index futures

Re:The world's first Bitcoin-settled index futures by cwkoss on Wednesday February 05, 2020 @07:22PM (#22252303)

Very meager market depth. Can clear out the order book by selling a whole bitcoin.

Also: "For legal reasons, we are not allowed to do business with customers from the United States of America, Crimea and Sevastopol, Cuba, Iran, Pakistan, Sudan, North Korea and Syria.."

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Re:The world's first Bitcoin-settled index futures by mike_trex3 on Wednesday February 05, 2020 @07:34PM (#22252379)

Hey, Mike from Mushino here.

You're completely right about the liquidity. We just launched two days ago and haven't brought in any major market makers yet. We're currently in talks with some, so expect to see more liquidity very soon.

And yes, for legal reasons we are not allowed to accept customers located in the US. Neither are most other crypto derivatives exchanges (Bitmex, Deribit, FTX). It really is an unfortunate state of affairs.

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Re:The world's first Bitcoin-settled index futures by paultopia on Wednesday February 05, 2020 @07:45PM (#22252453)

I've never been more grateful for the protections of U.S. law. 100x leverage to gamble in cryptocurrencies? There's a recipe for the bankruptcy courts.

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