CoinMarketCap Now Lists Crypto Derivative Markets
To expand the discovery of
crypto derivative trading opportunities for our users, we have now
expanded our listings to include derivative markets, a growing trend in
the cryptocurrency universe! The new derivative market data is available
for over 35 cryptoassets, including Bitcoin, Ethereum, XRP, EOS,
Litecoin, Bitcoin Cash and Binance Coin. CoinMarketCap is now
tracking and providing data on perpetual swaps from nine derivative exchanges
for a start: BitMEX, OKEx, Binance, Deribit, FTX, Bybit, Kraken Futures,
BTSE and BaseFEX. Crypto derivatives are financial products that
have their value derived from an underlying cryptoasset e.g. Bitcoin. They
commonly come in two forms: futures or options. Both are agreements to buy or
sell a certain quantity of a cryptoasset (e.g. 1 Bitcoin) for a certain price
some time in the future. Perpetual swaps are basically futures without a
delivery or expiry date! Interested to learn more about how crypto
derivatives work? Check out “Crypto Derivatives, A Short Guide to
A Growing Trade” (pun intended) here! To access information about these
derivative market pairs immediately, CoinMarketCap users can access the
Derivatives page here: http://coinmarketcap.com/derivatives or
simply select “Derivatives” under the “Cryptocurrencies” tab on the home page.
More exchanges and markets will be listed on an ongoing basis to provide users a
comprehensive overview of the world of crypto derivatives. So stay tuned!
To expand the discovery of
crypto derivative trading opportunities for our users, we have now
expanded our listings to include derivative markets, a growing trend in
the cryptocurrency universe! The new derivative market data is available
for over 35 cryptoassets, including Bitcoin, Ethereum, XRP, EOS,
Litecoin, Bitcoin Cash and Binance Coin. CoinMarketCap is now
tracking and providing data on perpetual swaps from nine derivative exchanges
for a start: BitMEX, OKEx, Binance, Deribit, FTX, Bybit, Kraken Futures,
BTSE and BaseFEX. Crypto derivatives are financial products that
have their value derived from an underlying cryptoasset e.g. Bitcoin. They
commonly come in two forms: futures or options. Both are agreements to buy or
sell a certain quantity of a cryptoasset (e.g. 1 Bitcoin) for a certain price
some time in the future. Perpetual swaps are basically futures without a
delivery or expiry date! Interested to learn more about how crypto
derivatives work? Check out “Crypto Derivatives, A Short Guide to
A Growing Trade” (pun intended) here! To access information about these
derivative market pairs immediately, CoinMarketCap users can access the
Derivatives page here: http://coinmarketcap.com/derivatives or
simply select “Derivatives” under the “Cryptocurrencies” tab on the home page.
More exchanges and markets will be listed on an ongoing basis to provide users a
comprehensive overview of the world of crypto derivatives. So stay tuned!
