To keep up with the market and establish precedence in this unencrypted territory, Crypto Facilities is launching perpetual futures markets for its customers.
Crypto Facilities is not an exchange but rather a cryptocurrency trading platform and although it is regulated by the Financial Conduct Authority, the platform will be the first in the world to offer various forward products with real Bitcoin, XRP, Ether, Litecoin and Bitcoin Cash as a guarantee in an accessible market every day of the week.
What is the future?
According to Investopedia, a future contract is "a legal agreement to buy or sell a particular commodity or good at a predetermined price at a specific time in the future." Futures contracts are standardized in quality and quantity to facilitate trading. on a futures exchange. "
How Futures Work at Cryptographic Structures
Considering the Crypto Facilities option, their Futures will not have a specific expiration date or settlement date but on their platform trading, settlement procedures will be performed every four hours.
Since it all depends on the underlying asset that in this case would be the spot prices of Bitcoin, XRP or ETH depending on your favorite Futures, a trader can decide to stop earning revenue by exiting his open position every time he wants it.
Payments will be continuous and everything will depend on the rate of financing set at the end of the last period. In addition, everything will be liquidated in cash and there will be no XRP deposit once the payment is completed.
Futures Market Available
Crypto Facilities will provide BTC / USD, ETH / USD, LTC / USD, Reverse Futures Contract BCH / USD and XRP / USD while XRP / BTC will be a Futures Vanilla Perpetual contract.
All these Future products can be traded on the sidelines, which means that a short-run trader can borrow funds from the broker and exploit his capital anywhere between 10 and 100.
Too much, this new development would mean more money and then liquidity in the XRP and other supported markets. This translates into stability and an inevitable increase in market capitalization.