Unlock the Power of Nano Bitcoin Futures Trading

Nano Bitcoin futures trading is an exciting and rapidly evolving field that can unlock significant profits for those who understand it.

With the ability to trade nano Bitcoin futures, investors can gain exposure to the Bitcoin market with a fraction of the capital required for traditional Bitcoin trading.

This is made possible by the use of leverage, which allows traders to control larger positions with a smaller amount of capital.

Leverage can be a double-edged sword, however, and traders must be aware of the risks involved to avoid significant losses.

To mitigate these risks, traders can use stop-loss orders to limit their potential losses and take-profit orders to lock in gains.

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Bitcoin futures are a type of financial instrument that allows you to bet on the future price of Bitcoin without actually owning the cryptocurrency.

They were introduced by Coinbase Derivatives on June 27, 2022, and are designed to make crypto derivatives more accessible to a wider range of investors.

The Coinbase Nano Bitcoin Futures, in particular, have a contract size that's 1/100th the size of a regular Bitcoin, making them more affordable and easier to trade.

This smaller contract size, denoted by the "BIT" product code, gives you the flexibility to go long or short at lower prices, which can be beneficial for growing your digital currency portfolio.

Each contract has its own specifications, such as a minimum contract size and tick size, which you'll need to consider when trading.

The unique code for the Coinbase Nano Bitcoin Futures is "BIT", and you'll also need to include the expiry month and year, such as "BITQ2" for August 2022.

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Nano Bitcoin futures offer several benefits and features that make them an attractive option for traders. With nano sized Bitcoin futures, you can participate in the excitement of the Bitcoin marketplace while protecting your assets in a regulated environment.

One of the key benefits is that you can trade in both directions - whether Bitcoin is going up or down. This is because futures products like nano Bitcoin futures allow for both long and short trading by simply buying or selling contracts.

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Here are some key benefits of nano Bitcoin futures:

Trading on a regulated exchange also provides peace of mind, as the Commodity Futures Trading Commission maintains a watchful eye. This is in contrast to trading Bitcoin on unregulated crypto exchanges, which can lack transparency and fair price discovery.

With nano Bitcoin futures, you can expect efficient and fair price discovery, as all market participants see the same price and quotes. This is because nano Bitcoin futures trade on a regulated exchange, where prices and quotes are simultaneously available to all participants across the globe.

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Being priced at 1/100th the size of Bitcoin means nano Bitcoin futures are cheaper to trade, allowing you to trade more with less margin.

This comes with a multitude of benefits, including the freeing up of capital for other opportunities.

You can trade more of the cryptocurrency with less margin, giving you extra flexibility for position sizing.

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Trading with leverage can be a powerful tool for traders, and one of the key benefits is that it allows you to trade more with less margin. This means you can trade more of the cryptocurrency with less money.

Being priced at 1/100th the size of Bitcoin makes these smaller-sized contracts cheaper to trade. This can free up capital for other opportunities.

Professional traders often risk only 2% of their account equity per trade, and having too large fluctuations in position sizing can seriously mess up your trading results. This is why having extra flexibility for position sizing is a huge advantage.

Trading a product like a nano futures contract can also allow you to hedge your downside when you see risks brewing, which can be fine-tuned based on your capital and level of conviction.

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Zero trading costs can be a game-changer for traders. Some markets, like traditional futures or the stock market, come with a host of necessary associated costs to trade properly.

Trading Nano Bitcoin Futures, on the other hand, has zero trading costs: no commissions, no market data fees, no subscriptions fees, and no inactivity fees. This means you can trade with confidence, knowing you won't be hit with unexpected expenses.

You can trade more frequently without worrying about broker requirements, as is the case with the US stock market, where you need at least $25,000 to cover the margin in your account to trade more than 4 times a week. With Nano Bitcoin Futures, you can start trading with as little as $25.

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Coinbase is expanding its services to include nano bitcoin futures, a product designed to make trading more accessible to a wider audience.

Each contract will be sized at 1/100th of a bitcoin, allowing traders to participate in the market with less upfront capital.

The nano futures contract will be listed on the Coinbase Derivatives Exchange, formerly known as FairX, and will be available for trading on June 27.

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The BIT contract will be the exchange's first listed crypto derivatives product, and it's expected to attract a large following due to its user-friendly interface and competitive pricing.

Coinbase is hoping to draw users away from competitors like Binance, which currently holds a 58% share of total derivatives volume.

Trading of the bitcoin nano futures will be available through a number of broker intermediaries initially, including retail brokers and clearing firms.

Coinbase is working to offer the product via its derivative exchange while it awaits regulatory approval for its own futures commission merchant license.

Here are the key specifications of the BIT contract:

You can no longer subscribe to nano bitcoin futures on Tradovate.

Tradovate covers the costs for all Bookmap customers that trade Coinbase Derivatives through Tradovate. Unfortunately, this doesn't apply to nano bitcoin futures anymore.

You can still register with a demo Tradovate account and have full access to Coinbase Derivatives to Nano Bitcoin Futures (symbol: BIT). This is a good option if you want to try out nano bitcoin futures without committing to a real account.