Cryptocurrency trading platform Crypto Facilities has announced the launch of Bitcoin futures on Cash (BCH).
Crypto Facilities has gained prominence, when he entered into a partnership with CME Group to launch bitcoin futures December 2017. As for Bitcoin Cash futures, the company believes it is a logical step given that Bitcoin Cash is the fifth largest cryptocurrency.
The platform already offers futures on the bitcoin (BTC), Ripple (XRP), Ethereum (ETH) and Litecoin (LTC).
The company’s CEO, Timo Slifer commented on this event:
We are pleased to be expanding our line of crypto products. BCH is the fifth cryptocurrency with a market capitalization of about $ 10 billion, and we expect that our new contracts will contribute to the evolution of cryptocurrencies and will do this class of digital assets more transparent.
We will remind that in connection with the release of the Chinese company Bitmain IPO, which is heavily invested in Bitcoin Cash due to their assets in bitcoin, many analysts began to doubt the investment attractiveness of the asset.
Meanwhile, the developers of Bitcoin Cash this week released a new Protocol allowing to produce tokens for holding the ICO of Bitcoin Cash.