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NinjaTrader Group, a clearing, brokerage, and know-how supplier for lively merchants by way of its subsidiaries NinjaTrader and Tradovate, at the moment introduced that its companies are among the many first to supply the brand new Nano Bitcoin futures (BIT) contract launched by the Coinbase Derivatives Trade.
Every Nano Bitcoin futures contract is sized at 1/100 the worth of a bitcoin, representing the smallest measurement cryptocurrency futures contract out there. The contract permits merchants to go lengthy or quick bitcoin, offering a possibility to make the most of the markets stepping into both course.
Those that have an present crypto place can use the brand new Nano Bitcoin contract to hedge in opposition to that place, and others who might have been reluctant to put money into bitcoin straight can take part within the motion of the worth for a a lot smaller funding.
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