Bitcoin-Futures: Explore Singapore Exchange's BTC and ETH Perpetual Futures
Bitcoin-Futures Hit Singapore
In a landmark announcement, the Singapore Exchange (SGX) is introducing bitcoin (BTC) and ether (ETH) perpetual futures.
Future Market Dynamics
The launch is scheduled for November 24 and is anticipated to affect markets significantly. This move underscores the growing interest in cryptocurrency derivatives among institutional and retail investors alike.
- Bitcoin Perpetual Futures: BTC priced at $95,810.24
- Ether Perpetual Futures: ETH priced at $3,212.32
With the SGX stepping into the futures market, traders can now explore new strategies and manage risks more effectively.
Why This Matters
This launch could mark a pivotal moment for Bitcoin and Ethereum in Singapore, potentially attracting global investments and reinforcing Singapore’s role as a key player in the crypto landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.