Topic: Bitcoin futures (Read 99 times)

Why look for traditional brokers, yet you can use crypto derivatives exchanges?
Depositing and withdrawing assets isn't a hustle like with some brokers.

Instead of Bitcoin futures that can expire, the derivate exchanges also offer Bitcoin perpetual swaps that don't expire, which I believe will interest you. Check out platforms like
1. Bybit
2. Bitmex
3. Binance
4. Kucoin
5. Okex
6. FTX
7. Phemex
8. Huobi etc

I hope you are not from a country that bans trading derivatives.

Also, not that crypto market is very volatile unlike other financial instruments. The profits may seem very easy to make, but so are the losses.

You should probably just ask suggestions your friend about third party brokers because, AFAIK, most members in this forum are retail trades and DIY investors. I can only assume that none of us ever heard of that website until you asked here.

Correct me if am wrong, but sometimes it's not the expert making the decision for you, actually it's you who will make that decision. You have to decide if you want to bet on the market going up or down ? Plus sometimes what happens is unfortunately the future price at the expiration date is much lower than the spot price, which can put you in a tight spot, therefore to ward off backwardation one has to realize that, it would be better holding your own coins ofcourse.

But then again you don't have to own a wallet or even hold bitcoins physically all you have to do is trade in cash and I do think for some people it's more comfortable, but I would still suggest you to hold your coins yourself and trade when the price is high.

Now talking about the website :
I have not heard about the website yet, therefore I tried to do a little research.
They have a good trust score
They are not very famous

So investing in a trading and finance group that is actually very popular might provide you with additional benefits and competitive prices. I think you might try and go for some other company or website or maybe someone else know about this one ?

Try the CEX(Centralized Exchange) futures trading instead of the traditional broker that you know, You can do you your on it first so that you can assess the risk. Try to search about Binance, Kucoin and FTX, They are the leading exchange that offers futures trading or Bitcoin Options. I just want to warn you that Options Trading is very since crypto price is volatile which is very hard to predict the next price move especially for a time frame that is very short. I suggest to just invest on spot trading since coins price movement is still good for just a period of months.

I'm new to this forum, and I joined because it looks like it is the leading forum on the internet for discussing investing in bitcoins. A friend of mine who trades commodities options (mostly currencies) said the best investment I could make in bitcoins right now would be in options or futures. I did a little research, and the possible returns look very good. In fact, they look too good to be true to a novice like me. The only place I could find that I trust that allows bitcoins futures trading is the Chicago Mercantile Exchange. I'm a bit worried that there's only one market, but maybe that's OK and quite normal. I had a lot of trouble finding a broker who would be willing to make investments on my behalf, and the only firm I was able to find that would make the investment decisions for me in a managed portfolio was BTC Global Trading & Finance Group (https://btcgtfg.com/). Their website looks a bit out of date, but they seem to have been around for a while. I was wondering if any forum members who know more about this subject than me would be kind enough to take a look at the company's website and maybe ask them some questions and see if they are happy with the answers they receive. It would be great to make the kind of profits they say are possible, but not so good if I lose all my money. Thanks in advance for any help I receive.