The world of Bitcoin has been quite the frenzy lately. A lot of people believe they can get rich quick, which may be true. However for the institutions they didn’t have a good way to buy or short it. Bitcoin futures solve those problems and allow regular traders access to them through the mainstream exchanges. Please note that these are cash settled futures, you don’t receive Bitcoin when your contract settles. Bitcoin futures do give institutions or retail investors a way to hedge their Bitcoin positions with these contracts.
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