Mechanisms, Benefits, and Maximizing Profits in Cryptocurrency Futures Trading

  

Crypto futures trading provides benefit opportunities for users. Understand the mechanism, how it works, and its benefits. This article will also be explained about crypto futures event that Bitrue will hold next month.

The crypto ecosystem offers interesting instruments: cryptocurrency futures trading. These contracts allow investors to bet on the future price of digital assets, without having to actually buy them.

What is the mechanism, how does it work, and the benefits? You can see the detailed explanation in this article. This article will also explain the crypto futures event which will be held next November on Bitrue. So, if you want to maximize profits in the futures crypto with Bitrue, read this article till the end.

Working Mechanism of Cryptocurrency Futures Trading

Futures Crypto resembles futures contracts in general. Both parties, namely the buyer and seller of the contract, agree to transact at a certain price in the future. The asset at stake in these contracts is the fiat value of a particular digital asset. The transaction completion date is also determined when the contract is made.

Crypto futures contracts are traded on various exchanges, including Bitrue which offers Bitcoin and Ether futures contracts on margin.

History of Crypto Futures Contracts

Bitcoin futures contracts were first listed on the CBOE in early December 2017 but were later discontinued. However, in January 2024 the CBOE announced again trading Bitcoin futures contracts and Ethereum with margin. This makes CBOE "the first registered crypto exchange and clearing house in the US to offer both leveraged and spot derivatives trading on a single platform."

CME also launched Bitcoin futures contracts in December 2017. This contract is traded electronically on the Globex platform and is cash-settled. Bitcoin and Etherium futures contracts are based on the CME CF Bitcoin Reference Rate and the CME CF Ether Reference Rate.

CME also has reference rates for various other crypto assets, although futures contracts for these cryptos are not yet available for trading on their exchange. These reference rates are published for use by traders on other exchanges. Currently, there are 17 crypto asset reference rates, including Bitcoin and Ethereum, 4 DeFi token reference rates, and 3 Metaverse token reference rates.

Benefits of Trading Crypto Futures Contracts

The main advantage of trading Bitcoin futures contracts is that it offers regulated exposure to the cryptocurrency. This is an important point in a volatile ecosystem with wild price swings. In the US, Bitcoin futures contracts on the CME are regulated by the Commodity Futures Trading Commission (CFTC).

This offers a level of trust and protection for institutional investors, who make up the majority of traders in such contracts.

1. Simplicity: Bitcoin futures contracts also simplify the process of investing in Bitcoin. You don't need to create a Bitcoin wallet or place money in a storage and security solution when trading because there are no Bitcoin exchanges. An additional advantage of cash settlement contracts is that they eliminate the risk of physical ownership of volatile assets.

2. Safer than Crypto Holdings: Bitcoin futures contracts are relatively safer for dabbling in Bitcoin without getting burned because futures contracts have position and price limits that allow you to reduce your risk exposure to the asset class.

3. Position Limits: Position limits differ between exchanges. For example, CME allows a maximum of 8,000 front-month futures contracts for Bitcoin and micro Bitcoin, and 8,000 for Ether and micro Ether.

Considerations When Trading Crypto Futures Contracts

The number of crypto exchanges offering crypto futures contract trading continues to grow, as does the number of participants and trading volume compared to other commodities. Trading crypto futures contracts has its peculiarities, such as:

1. Trading volume in crypto futures contracts can mimic the volume of their spot market counterparts. Price fluctuations can also be high, especially during periods of price volatility. During these times, crypto futures contracts may appear to follow spot market prices or trade at a significant premium or discount to spot prices.

2. Most exchanges are irregular. However, Some trading venues, such as CME, trade crypto futures contracts mostly on unregulated exchanges. Among the world's largest platforms for Bitcoin futures contracts, only CME is regulated by the CFTC.

3. Crypto futures contract options is a relatively new development. It functions like a standard options contract in that it represents the right, not the obligation, to buy cryptocurrency at a certain price at a future date.

Maximizing Profits in Cryptocurrency Futures Trading with Bitrue

Bitrue will hold a special event for crypto futures in the next month. There are two categories that you can choose, namely:

1. Liquidation Security for New Futures Users

This category is specifically for new Bitrue users at the time the event takes place. To participate in this category, you must open futures positions worth 100 USDT or more in any currency pair during the event period with a leverage of less than 20x.

Later, you will get additional prizes by inviting friends to take part in this event. The rewards you can get are more than 40% rebate commission and 10 USDT in futures trial funds.

2. Trade Futures And Claim 25 USDT Futures Trial Funds

This second category can be participated by new users and existing Bitrue users. New users are required to trade with amounts more than 100 USDT in their first futures transaction to receive 10 USDT futures trial funds.

For old Bitrue users, you can complete the first stage of Novice and Experienced Trader tasks to claim an additional 15 USDT in futures trial funds.

Conclusion

Before joining crypto futures, you must do in-depth research first. The Bitrue website provides various complete features that can help you do research, starting from checking the price of a token, knowing the price conversion for example from BTC to USD, to find out about various projects that a token or network is working on by reading articles on the Bitrue blog.

By understanding the mechanics, benefits, and risks of trading crypto futures contracts, you can make wiser investment decisions.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

Fathom Crashes the Employer Branding Party in Asia-Pacific as Universum Calls It a Night

Fathom launches in Asia-Pacific, redefining employer branding with data-driven insights and bold strategies, stepping in where Universum left off

Hold onto your corporate handbooks, folks! While Universum's tucking itself in for an early bedtime, Fathom (www.fathom.inc) has just gate-crashed the employer branding scene in Asia-Pacific, and is here to shake things up.

Yes, you heard it right Universum has left Asia-Pacific... but have no fear, Fathom is here...

Based in the futuristic hub of Singapore, Fathom's leadership team is a collective of industry veterans, packing over 50 years of combined experience and already breaking boundaries.

Michael Parsons, the fearless CEO and former APAC ringmaster at Universum, has been stirring up the employer branding pot for longer than some millennials have been alive. He's rubbed elbows with the big dogs at Unilever, HSBC, and J.P. Morgan, and his data-first approach is so spot-on, it makes even the most skeptical CFOs weak at the knees. Mike's not just aligning employer branding with business objectives; he's making them dance the tango.

James Robbins, Chief Commercial Officer and ex-delivery guru at Universum, is the Gandalf of digital marketing (minus the beard, plus a killer playlist). With 23 years under his belt, he's been crafting campaigns that make Nokia and Diageo look cooler than a polar bear's toenails. If marketing were a video game, James would be the guy with all the cheat codes.

Averie Lim, Head of Research and former crystal ball gazer at Universum, is the Sherlock Holmes of market research (but with better fashion sense). She's got a knack for turning mind-numbing data into "aha!" moments that'll make you want to high-five your laptop. Multi-country projects? She juggles those like a pro circus performer on a unicycle.

Not Your "I'm Tired, I'm Going to Bed Early" Employer Branding

Forget everything you thought you knew about employer branding. Fathom isn't here to play by the old, tired rules – they're here to flip the script, set it on fire, and dance around the flames. Their team of industry veterans (with more experience than you can shake a CV at) is injecting a shot of adrenaline straight into the heart of talent attraction.

They're not just talking about a fresh coat of paint on the same old strategies. They're rebuilding the entire house, and it's got a killer sound system. Here's how Fathom is revolutionizing the game:

• Insights: They dive deep into data like it's the last slice of pizza at 2 AM.

• Strategy: They craft EVPs so compelling, they'll make your competitors weep.

• Activation: They don't just talk the talk; we moonwalk the moonwalk.

• Tracking: They measure success with the precision of a cat plotting to knock over your coffee mug.

Why Fathom? Because Mediocrity is So Last Season

They're not just filling a gap in the market; they're blowing it wide open. "The talent landscape in Asia is evolving faster than fashion trends," says Mike Parsons, CEO of Fathom and certified disruptor. "We're here to ensure businesses don't just keep up – they lead the pack."

In Conclusion (Because All Good Parties Must End)

While others might be taking an extended siesta from Asia, Fathom is here to stay, exploding with expertise, innovation, and a healthy disregard for the status quo. They're not just filling shoes; they're building an entire new wardrobe – and it's turning heads from Singapore to Sydney.

For more information about how Fathom can revolutionize your employer brand (and possibly your sense of humor), visit www.fathom.inc, email hi@fathom.inc, or call/WhatsApp +65 8043 9783.

About Fathom Data Labs Pte ltd

Fathom isn't your old-school, dinosaur employer branding agency. They're the disruptors who've crashed the party, armed with decades of know-how and a rebellious streak a mile wide. Based in Singapore (because they like our innovation hot and futuristic), they're here to flip the script on how companies in Asia attract and keep the talent they actually need.

 

Fathom blends years of industry expertise with a hefty dose of audacity to craft employer brands that don't just turn heads – they spark revolutions. What's up their wizard sleeves? A potent mix of data and tech geekery, creative mischief, and a healthy disregard for the status quo. They don't just think outside the box; they've repurposed it into a rocket ship to the future of work.

 

From dissecting your employer brand DNA to crafting stories that make people sit up and listen, Fathom is all about helping you become the workplace equivalent of that cool kid everyone wanted to hang out with in school. And yes, they've got the tech to back it up – not because it's shiny and new, but because it actually gets the job done. So if you're ready to ditch the corporate speak and build an employer brand that's more authentic than a hipster's vinyl collection, give Fathom a shout. They promise we won't bite (unless you're into that sort of thing).

 

Ethereum Faces the Risk of Proof-of-Stake Centralization

Vitalik Buterin, co-founder of Ethereum, has identified centralization as one of the biggest risks for Ethereum. Buterin has proposed a potential solution known as "The Scourge." Check out the full explanation in this article.

Becoming one of the largest blockchain platforms, Ethereum continues to grow and attract investor interest. However, like every technology, Ethereum also faces challenges and risks. One of the biggest risks facing Ethereum is the centralization of proof-of-stake (PoS).

Centralized Proof-of-Stake

Proof-of-stake is a consensus mechanism that Ethereum uses to validate transactions and secure the network. In PoS, validators must lock a certain amount of ETH to participate in the validation process.

One of the risks in PoS is centralization, where a small number of validators control most of the network. This can increase the risk of 51% attacks, transaction censorship, and value extraction.

Vitalik Buterin and The Scourge

Vitalik Buterin, co-founder of Ethereum, has identified centralization as one of the biggest risks for Ethereum. Buterin has proposed a potential solution known as "The Scourge."

The Scourge aims to reduce the risk of centralization by using techniques such as encrypted and a two-tier staking approach. This can help prevent large validators from controlling large portions of the network and reduce the risk of transaction censorship.

Centralization Risk Analysis

Some things that need to be considered so that we can carry out risk analysis are:

1. 51% attack risk: Centralization can increase the risk of 51% attacks, where a small group of validators can control the network and invalidate transactions.

2. Transaction censorship: Centralized validators may choose not to process certain transactions, which could disrupt Ethereum's functionality.

3. Value extraction: Centralized validators can earn larger profits than small validators, which can reduce value for Ethereum users.

Potential Solutions

Apart from The Scourge, some other potential solutions to overcome PoS centralization on Ethereum include:

1. Increased validator set size: Expanding the number of validators can reduce the risk of centralization.

2. Anti-centralization mechanisms: Development of mechanisms that can prevent large validators from controlling the network.

3. Increased user participation: Encouraging more users to become validators can help reduce centralization.

Conclusion: Current Ethereum Price

Centralization of proof-of-stake is one of the biggest risks facing Ethereum. While potential solutions exist, addressing this issue will require continued efforts from the Ethereum community.

As additional information for those of you who are interested in Ethereum, currently the price of the ETH token is minus 3.24% so it is trading at $2,618.

Although Ethereum price experienced a decline, the RSI indicator has a value of more than 69, so it is indicated that there will be a bullish trend in the near future. The MACD line also explains that the trend will come soon because the buying trend is dominating compared to the selling trend.

Apart from checking token prices in real time, you can also check price conversions ETH to USD easily on the Bitrue website. So, you can know how to allocate funds beforehand buy Ethereum.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.