Crix.io, a Bitcoin futures exchange currently in beta, is working toward making futures trading easier by combining a learning and trading platform into a single exchange.
Trading Bitcoin futures is a science that encompasses many different facets. Crix.io offers services for merchants, miners and traders. Whether an enterprise wants to fix the U.S. dollar (USD) value of its Bitcoin income or a trader wants leveraged trading options; this platform can do it all.
More importantly, all of these tools are presented in a secure environment. Bitcoin Futures Trading
One future contract on Crix represents one Bitcoin, priced in U.S. dollars, with margins and profits also denoted in U.S. dollars.
Once the contract matures, the USD profit or loss will be converted back to its current Bitcoin value at the settlement price. Due to the speedy nature of the Bitcoin protocol, traders can withdraw their profits rather quickly. You can also opt to exchange alternative coins (altcoins) to Bitcoin or vice versa, depending on preference.
What sets the platform apart is how they guarantee fair settlement regardless of liquidity or volatility. Novice and experienced traders will be part of a frictionless Bitcoin futures trading experience, the way it was designed to be.
Under the hood, the Crix platform uses a mathematical model to analyze market history, set price limits and take margin requirements into account for every session. On the technical side, Crix offers the tools to perform any action from the single screen interface.
To make life easier for novice Bitcoin futures traders, the Crix team has put together a helpful FAQ section. The information listed on these pages also serves as a beginner’s trading tutorial.
New users should make sure they read the FAQ section before opening their first futures positions. It is vital to always make a fully-informed and carefully […]
