Following the rapid adoption of Nano Bitcoin Futures among active traders, Coinbase Derivatives has announced the launch of Nano Ether Futures on Monday, August 29th and Tradovate is the place to trade this latest crypto futures product.
Ether is the undisputed, second most popular cryptocurrency, right behind Bitcoin. However, similar to Bitcoin, there are limitations associated with trading the actual coin including difficulties in shorting, lack of a centralized and regulated trading exchange and more. Of course, trading Nano Ether Futures helps remedy these challenges.
Nano Ether Futures will provide the excitement of participating in the Ether marketplace, plus all of the numerous benefits that go along with trading futures. At 1/10th the size of one Ether, traders will gain cost-efficient access to the popular Ether marketplace with day trade margins of only $25 per contract, commission-free trading* and no market data fees!
Nano Sized Ether Futures… Making Tons of Sense to Traders
Most traders are aware of the high volatility in cryptocurrencies. And while traders seek to capitalize on the opportunities that volatility provides, they also need to be able to quickly and efficiently manage risk. Where trading the actual Ether coin, for example, falls short...futures excel. But how?
Quickly and easily trade long or short
To really trade something, you have to be able to take advantage of both upward and downward price movements to and go long or short at a moment’s notice. As a futures product, Nano Ether easily allows you to trade both sides of a market by simply buying or selling contracts. That’s one of the special benefits of futures.
Peace of mind
Nano Ether Futures are a regulated product trading on a regulated exchange with the Commodity Futures Trading Commission maintaining a watchful eye. While you may not know this, the actual Ether coin, as is the case with all cryptocurrencies, is not a regulated asset nor does it trade on a regulated exchange.
Level playing field
Trading the Ether coin on unregulated crypto exchanges fails to provide what is a central function to a fair marketplace… price discovery. Centralized and regulated markets, as is the case with all futures products, offer transparency, meaning the same bid and ask prices are simultaneously available to ALL market participants across the globe. As a result, efficient and fair price discovery is achieved when trading Nano Ether futures, and sadly, is not the case when trading in the actual coin.
Tradovate gives you the tools you need to buy, sell, and trade Nano Ether Futures anywhere, anytime and on any device.
Ready to Trade Nano Ether Futures? Open an Account Today
*For Coinbase Derivatives futures products, Tradovate, LLC will not charge a commission. Exchange, clearing and NFA fees still apply.
Trading virtual currency derivatives have a variety of unique and potentially significant risks. Please read our full Virtual Currency Transaction Disclosures & Risk Disclosure Statement for Virtual Currency Futures prior to any virtual currency trading.