Ukrainian Exchange Launches Bitcoin Futures Contracts Trading

Ukrainian Exchange announced today the launch of new futures contracts on an index price of 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. Requiring an initial margin of 30%, it says that the specifications of the contracts were recently approved and registered by the National Securities and Stock Market Commission of Ukraine.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

"The uniqueness of the situation is that the Ukrainian Exchange is the first regulated market in the world ever to offer futures contracts on Bitcoin. Given the fact that interest to this cryptocurrency in Ukraine is quite high, and, on the other hand, the local legislation restricts the ability of Ukrainians to access financial instruments available on the developed markets, we can get pretty high 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. I am sure that the new contracts will also help UX to attract attention of international players," explained Alexey Sukhorukov, Managing Partner of the UNIVER investment Group.

Established in October 2008, Ukrainian Exchange offers trading in a wide array of financial instruments ranging from cash equities to stocks, futures and options. It is currently the leading market operator in the country for both equities and derivatives.

By offering its clients this tool, Ukrainian Exchange opens a window to cryptocurrency investing for firms and people that might otherwise not be able to buy bitcoin directly. The Ukrainian national economy and its currency has suffered greatly from the armed conflict with ethnic Russian separatists, which could explain the high interest in alternative ways to protect wealth.