What Are Micro Bitcoin Futures?
Micro Bitcoin Futures (MBT) are a smaller-sized version of standard Bitcoin Futures contracts, providing traders with exposure to Bitcoin’s price movements with reduced financial commitment. These contracts are based on 1/10th of a Bitcoin, making them accessible for retail traders looking to speculate or hedge in the cryptocurrency market.
Contract Size
- Contract Size: 0.1 Bitcoin (1/10th of a Bitcoin).
Trading Hours
The Micro Bitcoin Futures contract trades nearly 24 hours a day, five days a week, offering continuous access to the cryptocurrency market.
- Trading Hours: Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT).
- Time Zone: Central Time (CT).
Tick Value and Increment
- Tick Size: 5 index points.
- Tick Value: $0.50 per tick.
- Minimum Price Fluctuation: 5 points.
This makes Micro Bitcoin Futures an ideal choice for traders seeking to gain exposure to Bitcoin with smaller contract sizes and lower margin requirements.
Trading Symbol
- Platform Symbol: MBT
Margins
To trade Micro Bitcoin Futures, you’ll need to meet specific margin requirements. Check out Ironbeam’s Margins Page for the latest margin rates and details.
Why Trade Micro Bitcoin Futures?
- Accessibility: Lower margins and smaller contract size make MBT accessible to retail traders.
- Flexibility: Manage risk with smaller contract sizes compared to standard Bitcoin Futures.
- Liquidity: Benefit from growing liquidity in the Micro Bitcoin Futures market.
- Diversification: Add exposure to the cryptocurrency market without holding the physical asset.
Start Trading MBT with Ironbeam
Ironbeam provides a robust trading platform and API to help you access Micro Bitcoin Futures with ease. Trade confidently with free real-time Level 2 market data and personal broker support.
DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions.