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Leaving behind Bakkt, LedgerX become first to Launch Physical Bitcoin Future in U.S.

“It's official: we're live with retail trading on Omni!” officials confirmed. 

LedgerX become the first to launch physical Bitcoin future trading. The U.S. Bitcoin Derivatives provider LedgerX officially launched it and become the first one to do in the U.S. market.

LedgerX announced on social media on July 31st that its physical future offering is live on its Omni trading platform.

“It's official: we're live with retail trading on Omni!” officials confirmed.

LedgerX disclose that it was looking to offer bitcoin futures in April, They filed to U.S. Commodity Futures Trading Commission (CFTC) for the licenses in November 2018.

According to LedgerX website:

The first and only federally-regulated Bitcoin platform, now on an interface available to everyone. Trade bitcoin, bitcoin options, and futures. Access charting tools and risk profiles.

The CFTC has given LedgerX a designated contract markets (DCM) license last month.

At this moment, Trading on Omni platform is open for U.S. and Singapore residents, subject to a minimum deposit of $10,000 or 1 BTC.

The company was formed in 2014 and started offering physically-settled bitcoin derivatives products in 2017.

Disclaimer & Suggestion : Please always do your due diligence before investing in any cryptocurrency or project. This should not be treated as financial advice.


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