Category: Investing & Trading
Along with Bitcoin, cryptocurrency-related fraud has flourished over the past few years.
Compared to one week ago a single Bitcoin has lost around 14 percent of its value, allegedly due to the Alibaba IPO.
Among financial derivatives there are several instruments that may seem similar, but can potentially result in significant losses if not properly distinguished from each other.
Earlier this month, Chinese cryptocurrency exchange OKCoin announced it was launching Bitcoin Futures trading. It is one of many financial derivatives making its way to cryptocurrency markets.
With the derivatives market making its way to Bitcoin, investors should be aware of the workings of new financial products that will start appearing on the Bitcoin market.