Huobi Prepares to Launch Bitcoin Options Trading
Huobi plans to launch options trading
85% of institutional investors will be invest in cryptocurrencies
Cryptocurrencies will be more regulated in the next 5 years
Better than futures
Ciara Sun, Vice President of Huobi Global Markets, said that Bitcoin options trading will become available for users exchanges already in the third quarter. Top manager of one of the largest cryptocurrency stock exchanges are confident that options will bypass futures in popularity, as they provide more favorable conditions. For example, if the user buys bitcoin futures for $ 10,000, then upon the expiration of the contract, he is obliged to redeem the coins at the agreed price. At the same time, if the user buys bitcoin-$ 10 option 000, then at the end of the term actions contract he can do not buy bitcoins if the price coins will change. And in this there is a huge advantage for both retail and institutional investors.
Overall, Huobi holds a leading position in market crypto-derivatives.
Sun herself is confident that Bitcoin options will soon become as popular as Bitcoin futures, especially with the arrival of market institutional crypto investors.
8 out of 10 institutional investors will invest in cryptocurrencies
By opinion Ciara Sun, 2020 the year has become special year for cryptocurrency market due to the sudden onset of the coronavirus pandemic. After collapse of the stock, foreign exchange and commodity markets institutional investors began to massively switch to investing in cryptocurrencies.
“for example, we have seen that the volume of institutional futures trading on Huobi has grown over the past months by more than than by 80 percent. One common misconception, with which we face in relation to the derivatives market is Tom, that high leverage is somewhat related to gambling, but it is not So, when it comes to institutional traders, ”says Ciara Sun.
how considers top manager of Huobi, for the next five years more 85 percent of institutional investors will have access to digital assets in their portfolios.
“In the near future, bitcoin will remain the main cryptocurrency for institutional investment, ”she continued. “Crypto-derivatives market will lead to growth institutional factor as more sophisticated investors venture out into space. Asia now time dominates the institutional cryptocurrency market, but the west will soon catch up when digital assets become more regulated, ”said Sun.
Recall that BeInCrypto earlier reported that already in November at the next G20 summit will be the policy of control over the circulation of digital currency in the world was presented. G20 Officials Accelerate Turnover Policy Development Process As Japanese News Kyodo Reports cryptocurrencies in response to China’s progress in digital yuan and the expected launch of the Libra stablecoin in June 2019 of the year company Facebook announced preparations for release digital currency Libra. Project social networks instantly attracted attention… More.
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