Coinsetter Added to Tera Exchange's Bitcoin Price Index

Tera Exchange has added Coinsetter as one of its venues for calculating its Tera Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Price Index, which it publishes for derivatives based on Bitcoin's traded price.

Coinsetter launched its exchange in July, stating to provide a solution "built on Wall Street, for Wall Street" with a low-latency platform that executes trades within 40 milliseconds.

In August, the company became FIX 4.4 API compliant, and one month ago they began offering 10% in company equity to professional market makers who provide Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term.

Tera's platform for trading bitcoin-based swaps was approved by the US Commodity Futures Trading Commission (CFTC) in September. Key to the approval was the creation of this index for tracking the underlying bitcoin price. The index compiles and filters real-time data to ensure the integrity of index values. Said Leonard T. Nuara, President and co-founder of Tera Exchange:

"We are committed to creating a sound marketplace for bitcoin derivative trading, and a robust price index is a critical component of this. To continue to be adopted as the market standard, the TeraBit Index needs to be reflective of the underlying market, and as such we are excited to include Coinsetter prices."

Just over one week ago, North American Derivatives Exchange (Nadex) announced its offering of binary options based on the price index.