Cryptocurrency exchange Bitfinex’s new offering aims to create a crypto-derivatives market that imitates the way traditional stock exchanges.

Hong Kong-based iFinex Financial Technologies Limited owned Bitfinex exchange is launching a set of crypto derivatives products to enable traders make bets on the price of cryptocurrencies with up to 100x leverage. “[We] are offering perpetual futures contracts to make available exposure to both the Bitcoin (BTC) and Ethereum (ETH) spot markets that trade on the platform,” Jag Kooner, risk manager at Bitfinex, told SRP. “Both products are based in Tether and allow up to 100x l

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