The service will be available via Huobi’s Derivative Market (Huobi DM) to customers of select countries and will allow them to open both short and long positions for a handful of cryptocurrencies.
An unconfirmed report claims that NASDAQ has plans to launch BTC-based futures contracts, and that these plans are continuing to go forward despite the recent crypto crash.
Last month, the peer-to-peer (P2P) blockchain startup Level01 announced its partnership with TR in order to create a “derivatives” exchange that would change how parties interact with one another, without the fear of losing funds to unknown third parties.