Bitfinex Launches Perpetual Futures Tied to Bitcoin and Ether Volatility Indices
Bitfinex Derivatives has launched perpetual futures linked to Volmex Finance's bitcoin and ether implied volatility indices. The new futures allow traders to bet on expected price turbulence in the top two cryptocurrencies. Bitfinex users can trade bitcoin and ether volatility futures denominated, margined, and settled in tether (USDT). The availability of volatility futures means traders can navigate binary events and open doors to retail investors who lack the resources or expertise to set up complex options strategies. Bitfinex's new offering comes a year after Deribit listed standard futures contracts tied to its proprietary bitcoin volatility index.
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