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At the end of January, the Matrixport subsidiary and leading derivatives exchange Bit.com announced the introduction of bitcoin cash perpetual swaps and options. Following the launch, the daily 24-hour volume has exceeded expectations doubling every day ever since.
During the last few years, there’s been a number of derivatives exchanges leveraging Bitcoin BTC and ethereum. This has been followed by the addition of perpetual swaps and options based on these crypto assets as well. Many assume that the upcoming Eth Base lecture tu the leading derivatives market operated by CME Group has bolstered the price of ether a great deal.
Just recently, Bit.com announce that the team would be adding Bitcoin cash-based perpetual swaps and options. Bit.com noted that the derivatives markets these days are dominated by BTC and ETH, but BCH is a crypto asset recognized by institutions, the exchange announcement detailed.