Cryptocurrency Exchange EQONEX has launched BTC Dated Futures with physical settlement. This marks an important milestone in the company's expanding product suite for experienced traders, enabling them to use commonly deployed derivatives trading strategies in cryptocurrency markets.

Cryptocurrency Exchange EQONEX has launched BTC Dated Futures with physical settlement. This marks an important milestone in the company's expanding product suite for experienced traders, enabling them to use commonly deployed derivatives trading strategies in cryptocurrency markets.

This latest launch by EQONEX follows the introduction of Cross Collateral functionality, ether (ETH) Perpetual Futures, and BTC Perpetual Futures in 2021. Dated Futures for additional cryptocurrencies including ETH will also be available on EQONEX in the coming months.

A Dated Futures contract enables users to enter into a binding agreement to buy or sell the underlying asset, in this case BTC, at a predetermined price at a specified date in the future.  Futures contracts are commonly used to speculate on the direction of an underlying asset using leverage, and hedge against price movements.  

EQONEX is one of the few exchanges globally to offer physically-settled futures contracts for cryptocurrencies such as BTC. EQONEX is able to overcome common security and technical challenges of physical BTC settlement due to its industry-leading, secure custody business Digivault and its fiat on-ramp capabilities.