What Are Bitcoin Futures?
Bitcoin Futures (BTC) are futures contracts based on the price of Bitcoin, the leading cryptocurrency. These contracts allow traders and investors to hedge or speculate on the future price movements of Bitcoin without directly owning the digital asset. Bitcoin Futures are traded on regulated exchanges, providing exposure to the cryptocurrency market while helping to manage volatility.
Contract Size
- Contract Size: 5 Bitcoins.
Trading Hours
The Bitcoin Futures contract trades nearly 24 hours a day, seven days a week, providing access to the cryptocurrency markets at any time.
- 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 per Bitcoin.
- Tick Value: $25.00 per tick.
- Minimum Price Fluctuation: $5.00 per Bitcoin.
This makes Bitcoin Futures an excellent choice for traders seeking liquidity, leverage, and exposure to the cryptocurrency market.
Trading Symbol
- Platform Symbol: BTC
Margins
To trade 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 Bitcoin Futures?
- Liquidity: Bitcoin Futures offer high liquidity, making it easy to enter and exit positions.
- Hedging Opportunities: Bitcoin Futures allow investors and traders to hedge against price fluctuations in the cryptocurrency market.
- Access to Cryptocurrency Market: Trade Bitcoin without the need for direct ownership or custody of the cryptocurrency.
- Diversification: Add exposure to the cryptocurrency market to complement equity, commodity, or forex investments.
- Price Discovery: Futures markets provide an effective mechanism for determining the fair price of Bitcoin.
Start Trading BTC with Ironbeam
Ironbeam provides a robust trading platform and API to help you access 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.