Bitcoin Future is an upcoming Bitcoin hard fork that is scheduled to occur on May 15, 2020. Bitcoin Future will result in a new cryptocurrency with a different mining algorithm and block size than Bitcoin. Bitcoin Future is being developed by a team of anonymous developers. Bitcoin Future is not affiliated with any other Bitcoin fork project.
Bitcoin Future is being created as a response to the increasing centralization of Bitcoin mining. Bitcoin miners are currently concentrated in China, which has led to concerns about the security and decentralization of the Bitcoin network. Bitcoin Future’s developers believe that increasing the block size and changing the mining algorithm will help to decentralize Bitcoin mining and make it more secure.
Bitcoin Future is not yet available for purchase or trade. The project is still in development and no official launch date has been announced. However, you can follow the Bitcoin Future development team on Twitter for updates.
How to Trade Bitcoin in Futures
Bitcoin futures are a type of derivative contract that allows traders to speculate on the future price of Bitcoin. Bitcoin futures contracts are traded on exchanges and allow traders to take a long or short position on the future price of Bitcoin.
Bitcoin futures contracts are settled in cash, meaning that no actual Bitcoins are exchanged hands during the trade. Instead, the trader only pays or receives the difference in price between their entry point and exit point.
Trading Bitcoin futures can be a risky proposition and is not suitable for all investors. Before trading Bitcoin futures, you should carefully consider your investment objectives, level of experience, and risk tolerance.
It is also important to note that there is no guarantee that the price of Bitcoin will reach the level predicted by the futures contract. If the price of Bitcoin falls below the level predicted by the contract, the trader will incur a loss.
If you’re interested in trading Bitcoin futures, there are a few things you need to know before getting started. In this guide, we’ll cover everything you need to know about how to trade Bitcoin futures.
When trading Bitcoin futures, you’ll need to choose an exchange to trade on. There are a handful of exchanges that offer Bitcoin futures contracts, including the Chicago Mercantile Exchange (CME), the Bakkt exchange, and LedgerX.
Each exchange has different margin requirements and fees, so it’s important to compare them before choosing one to trade on.
Once you’ve chosen an exchange, you’ll need to open a margin account. A margin account is a type of account that allows you to trade on margin, meaning you can trade with leverage.
Margin accounts require a higher minimum deposit than regular cash accounts, and they also carry higher risks. Be sure to carefully consider whether trading on margin is right for you before opening a margin account.
Once you’ve opened a margin account, you can begin trading Bitcoin futures. When placing a trade, you’ll need to choose your position (long or short), the contract size (the amount of Bitcoin per contract), and the price at which you want to enter the market.
