ICE's Crypto Trading Platform Bakkt to Launch Bitcoin Futures
Bakkt is a global network to enable you to buy, sell, store and spend digital assets backed by Intercontinental Exchange's financial market infrastructure and technology.
The Bakkt Bitcoin (USD) Daily Futures Contract is a physically-settled daily futures contract for bitcoin held in Bakkt LLC, ICE's Digital Asset Warehouse, and will be cleared by ICE Clear US, Inc. The future contracts will start trading on December 12
According to the announcement:
"Each futures contract calls for delivery of one bitcoin held in the Bakkt Digital Asset Warehouse, and will trade in U.S. dollar terms. One daily contract will be listed for trading each Exchange Business Day. "
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CRYPTO CURRENCY TRADING AND INVESTING IS EXTREMELY RISKY AND ONLY SHOULD BE DONE WITH FUNDS YOU CAN AFFORD TO LOSE. IF YOU ARE NOT COMFORTABLE WITH LOSING 100% OF YOUR DEPOSIT CONSIDER GETTING A BLOCKCHAIN JOB INSTEAD. PAST PERFORMANCE DOES NOT IMPLY FUTURE RESULTS. CRYPTO IS NOT SUITABLE FOR ALL INVESTORS. PLEASE CONSULT YOUR FINANCIAL ADVISOR IF YOU ARE CONCERNED ABOUT THE HIGH RISKS ASSOCIATED WITH CRYPTO CURRENCY. CRYPTO CURRENCY IS UNREGULATED AND THEREFORE ANY PROTECTIONS OFFERED BY REGULATIONS ARE NON-EXISTANT. THEREFORE DO NOT BE SURPRISED IF BITCOIN (OR ANY CRYPTO CURRENCY) GOES TO ZERO IT IS UNLIKELY BUT POSSIBLE. THIS BRIEF RISK DISCLOSURE SUMMARY CANNOT INCLUDE ALL THE POSSIBLE RISKS ASSOCIATED WITH CRYPTO CURRENCY INVESTMENT, BUT IN SUMMARY – IT IS POSSIBLE TO LOSE 100% OF YOUR INVESTMENT DUE TO A HACK, MARKET DECLINE, OR OTHER CIRCUMSTANCE. FOR A FULL RISK DISCLOSURE CLICK HERE: Risk Disclosure
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