{"id":14799,"date":"2021-05-18T10:00:00","date_gmt":"2021-05-18T10:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/05\/18\/bybit-to-launch-ether-futures-contract\/"},"modified":"2021-05-18T10:00:00","modified_gmt":"2021-05-18T10:00:00","slug":"bybit-to-launch-ether-futures-contract","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/05\/18\/bybit-to-launch-ether-futures-contract\/","title":{"rendered":"Bybit to Launch Ether Futures Contract"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p>SINGAPORE\u00a0&#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>\u00a0&#8211; 18 May 2021&#13;<br \/>\n&#8211;\u00a0Cryptocurrency exchange Bybit has announced today it will launch Ether&#13;<br \/>\nfutures contract on May 20, further diversifying its offerings of the leading&#13;<br \/>\naltcoin.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>ETHUSD0625 will start trading on May 20 at or&#13;<br \/>\nafter 10AM UTC if liquidity conditions are met; ETHUSD0924 will start trading&#13;<br \/>\non May 24 at or after 10AM UTC if liquidity conditions are met. Ether futures&#13;<br \/>\nwill not require funding fee; so as long as the contracts are valid, traders&#13;<br \/>\ncan hold their positions free of charge.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The previously announced Bybit Cloud Mining, a&#13;<br \/>\nmining-as-a-service (MaaS) product that gives users instant access to ETH&#13;<br \/>\nmining from as little as $100, will arrive with ETHUSD0924 on May 24.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;As the Bitcoin price continues to stagnate,&#13;<br \/>\ntraders and investors are increasingly looking towards alternatives,&#8221; said Ben&#13;<br \/>\nZhou, co-founder and CEO of Bybit. &#8220;We are pleased to launch our new Ether&#13;<br \/>\nfutures contract as rising retail and institutional demand paves way for a new&#13;<br \/>\nalt season. Ether futures contract and Bybit Cloud Mining join our existing&#13;<br \/>\nETHUSD and ETHUSDT perpetual contracts in the ETH product lineup, and will&#13;<br \/>\ncreate new opportunities for our clients, whether they are looking to hedge&#13;<br \/>\ntheir positions or to further capitalize on future price movements of ETH.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>ETH, the second-largest cryptocurrency by&#13;<br \/>\nmarket capitalization, has seen its price explode 20-fold over the last 12&#13;<br \/>\nmonths, four times that of Bitcoin during the same period. The Ethereum gas fee&#13;<br \/>\nhas stabilized after April 15&#8217;s Berlin Upgrade, even as the upcoming EIP 1559&#13;<br \/>\n(London) fee market overhaul, expected in July, promises further gas cost&#13;<br \/>\nreduction and a deflationary monetary policy.<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-05-18\/78380\/bybit-to-launch-ether-futures-contract\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE\u00a0&#8211;\u00a0Media OutReach\u00a0&#8211; 18 May 2021&#13; &#8211;\u00a0Cryptocurrency exchange Bybit has announced today it will launch Ether&#13; futures contract on May 20, further diversifying its offerings of the leading&#13; altcoin. &#13; &#13; ETHUSD0625 will start trading on May 20 at or&#13; after 10AM UTC if liquidity conditions are met; ETHUSD0924 will start trading&#13; on May 24 at &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14799"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=14799"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14799\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=14799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=14799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=14799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}