Cboe has published the bitcoin derivative contract

But they don’t know how futures prices will influence to bitcoin market prices
22 November 2017   1000

The Chicago Board Options Exchange (Cboe) published the bitcoin derivative contract for investors. The base ticker will be called “XBT” and settlement values of the contract will be in XBTS. This products will have multiple contracts with several expiry cycles and also four serial expirations. As well, Cboe will be offering expanded trading hours for this bitcoin futures. Everything will be cash-settled based on the Gemini auction price for bitcoin in U.S. dollars.

The contract multiplier will be 1 so if a contract is trading at parity with bitcoin it will be worth about $7,900 based on current pricing — The minimum tick for a directional, non-spread trade is 10 points or $10, and a spread trade will have a much smaller tick of 0.01 bitcoin or $0.01. 


Russell Rhoads, Cboe’s CFA

They are going to launch its bitcoin futures products in Q4. Cboe are going to create futures contracts jointly with Gemini Trust Company, LLC. Also Cboe is going to join the other firms to create a bitcoin futures environment (for example LedgerX and CME Group).

Cboe exchanges over $2B in annual contract volumes of the trading, and offers products for 2,200 companies, 140 ETFs, and 22  indices of the stock. May be Cboe should could offer crypto-derivatives options before its first competitor CME.

Trust Wallet to Add BTC & Bech32 Support

At the moment, this option is available to users of iOS devices, support for Android will be added in the next 2-3 weeks
10 December 2018   98

Binance owned and ERC-20 standard tokens oriented Trust Wallet, announced the start of Bitcoin support (BTC).

As stated in the company's blog post, Trust Wallet has become compatible with the SegWit protocol, allowing to send and receive funds to Bech32 native addresses (bc1).

At the moment, this option is available to users of iOS devices, support for Android will be added in the next 2-3 weeks.

Earlier Trust Wallet announced the start of support for TRON (TRX) tokens. The wallet also supports GoChain (GO), POA Network (POA), Ethereum Classic (ETC), Wanchain (WAN) and VeChain (VET).

Recall Binance announced the purchase of Trust Wallet in July this year. The wallet is expected to become part of the upcoming release of the decentralized trading platform Binance.