Exchange Launches Quarterly Futures

We are pleased to announce that futures contracts are now available on the Derivatives Exchange, launching with Quarterly Futures. Users can settle on USD stablecoins, access up to 100x leverage, and enjoy discounted trading fees based on the amount of CRO they bet on the exchange.

A futures contract offers the user exposure to an underlying asset at a preset price, just like perpetual contracts. But unlike perpetual contracts, futures contracts have a fixed expiration date; Quarterly futures are settled on the last Friday of each quarter at 08:00 UTC (second quarter futures expire on Friday, June 25).

Traders can place short- and long-term quarterly futures contracts before expiration and enjoy up to 100x leverage. Quarterly futures contracts are settled in stable currency in USD and the margin is shared among all open positions in the user’s derivatives portfolio.

Key points:

  • Trade BTCUSD futures
  • Leverage up to 100x
  • USD stablecoin settlement

Follow these simple steps to get started:

  1. Create a derivatives portfolio
  2. To transfer USDC / USDT from your Spot Wallet to your Derivatives Wallet
  3. Start negotiating!

How do derivatives work?

A derivative is a contract between two parties that is based on the value / price of an underlying asset. Common types of derivatives include futures, options, forward and perpetual contracts. Futures contracts allow a trader to buy or sell an underlying asset at a preset price on a fixed date in the future (i.e. the expiration date).

For more information on quarterly futures, settlement, margin policy and fees, visit our Help Center.

User eligibility Exchange users must complete advanced level verification to trade derivatives. Citizens or residents of the excluded jurisdictions listed here they cannot use our derivatives services at this time.

Important note on derivatives trading

You should seek professional advice regarding your particular situation before trading derivatives. The risk of loss can be considerable. You may lose all or more of your Virtual Assets when trading. You may be asked on short notice to make additional Virtual Assets contributions. If you do not make such contributions within the prescribed time, your Virtual Assets may be lost without notice. Therefore, you should carefully consider whether such arrangements are suitable for you in light of your investment objectives, financial circumstances, your tolerance for risk, and your investment experience. You should be able to bear a total loss of the amounts invested as a result of or in connection with any order and any additional losses above the initial amounts invested that may be owed by you. When considering whether to trade or invest, or use any derivatives trading service or other service, you should educate yourself and be aware of the risks in general and, in particular, you should take into account the specific risk factors that may apply.

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