{"id":80692,"date":"2024-06-07T11:33:44","date_gmt":"2024-06-07T15:33:44","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=80692"},"modified":"2024-06-07T12:32:23","modified_gmt":"2024-06-07T16:32:23","slug":"bitmex-announces-bitcoin-ethereum-other-futures-listing","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bitmex-announces-bitcoin-ethereum-other-futures-listing\/","title":{"rendered":"BitMEX Announces Bitcoin, Ethereum, Other Futures Listing"},"content":{"rendered":"\n<p><a href=\"https:\/\/coinscreed.com\/staging\/bitmex-launches-option-trading-in-partnership-with-powertrade.html\">BitMEX crypto exchange<\/a> has unveiled new futures listings on the platform, including Bitcoin, Ethereum, XRP, Cardano, etc.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2020\/04\/Bitcoin-Futures-Open-Interest-OKEx-BitMex.jpg\" alt=\"BitMEX Announces Bitcoin, Ethereum, & Other Futures Listing\" \/><figcaption class=\"wp-element-caption\"><em><span style=\"text-decoration: underline\">BitMEX Announces Bitcoin, Ethereum, & Other Futures Listing<\/span><\/em><\/figcaption><\/figure>\n\n\n\n<p>A prominent cryptocurrency exchange, BitMEX, intends to list new quarterly futures contracts. The most recent announcement indicates these listings will be activated at 04:00 UTC on June 11, 2024. Furthermore, this action represents a strategic expansion of its product line, encompassing important cryptocurrencies such as Ripple's XRP, <a href=\"https:\/\/coinscreed.com\/staging\/bitcoin-btc-ethereum-eth-reach-new-price-milestones.html\">Ethereum (ETH)<\/a>, and Bitcoin (BTC).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Information on the Listing of Bitcoin, Ethereum, and XRP Futures<\/strong><\/h3>\n\n\n\n<p>The BitMEX platform displays the new futures contracts as unlisted. Additionally, these listings will offer traders diverse opportunities to participate in the crypto market during Q3 2024. Furthermore, the exchange disclosed that these contracts would encompass trading combinations such as ADAU24 (ADA\/BTC), ETHU24 (ETH\/BTC), XRPU24 (XRP\/BTC), and XBTH25 (BTC\/USD), among others).<\/p>\n\n\n\n<p>Specifics of the new futures contracts that involve BTC, ETH, ADA, and XRP:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ADAU24 (Cardano\/Bitcoin) will be listed on June 11, 2024, and settle on September 27, 2024.<\/li>\n\n\n\n<li>ETHU24 (Ethereum\/Bitcoin) is scheduled for listing on June 11, 2024, with settlement planned for September 27, 2024.<\/li>\n\n\n\n<li>ETHUSDU24 (Ethereum\/USD) is scheduled to be listed on June 11, 2024, and will settle on September 27, 2024.<\/li>\n\n\n\n<li>XRPU24 (XRP\/Bitcoin) is scheduled to be listed on June 11, 2024, with a settlement date of September 27, 2024.<\/li>\n\n\n\n<li>XBTH25 (Bitcoin\/USD) is scheduled to be listed on June 11, 2024, and settled on March 28, 2025.<\/li>\n\n\n\n<li>XBTUSDTU24 (Bitcoin\/USDT) is scheduled to be listed on June 11, 2024, and will be resolved on September 27, 2024.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Practical Implications of New Listings<\/strong><\/h3>\n\n\n\n<p>New listings are intended to meet the growing demand for various trading instruments in the cryptocurrency market. Moreover, BitMEX endeavors to offer traders more precise tools for risk management, speculation, and hedging by providing futures contracts that expire quarterly. Furthermore, these contracts allow traders to speculate on the future price movements of these cryptocurrencies with a precise settlement timeline.<\/p>\n\n\n\n<p>Additionally, it can potentially increase the prices of Bitcoin, Ethereum, XRP, and Cardano by improving market liquidity and stability. The trading community has eagerly anticipated this announcement, as it provides more comprehensive options for portfolio diversification.<\/p>\n\n\n\n<p>In particular,<a href=\"https:\/\/www.bitmex.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> BitMEX<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>&#8216;s response to the changing preferences of its users who desire exposure to USD-denominated futures is evidenced by the inclusion of Ether\/USD and Bitcoin\/USD contracts. Therefore, the change is expected to reinforce BitMEX's status as a premier platform for trading cryptocurrency derivatives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitMEX crypto exchange has unveiled new futures listings on the platform, including Bitcoin, Ethereum, XRP, Cardano, etc. A prominent cryptocurrency exchange, BitMEX, intends to list new quarterly futures contracts. The most recent announcement indicates these listings will be activated at 04:00 UTC on June 11, 2024. Furthermore, this action represents a strategic expansion of its [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":80709,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[152,2087,193,128,1859],"class_list":["post-80692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitmex","tag-cardano","tag-ethereum","tag-futures"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/Bitmex.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/80692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=80692"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/80692\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/80709"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=80692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=80692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=80692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}