Post
Topic
Board Project Development
Re: ICBIT Derivatives Market (USD/BTC futures trading) - LIVE
by
Fireball
on 13/08/2013, 15:47:16 UTC
1. after options can you add fixed term bonds ? that will be awesome after options Smiley (can be done some risk free moneys if the market goes bananas like now)
2. due the recent problems on gox and even on BS do you consider to add other cryptos ?
2.1 a BTC/LTC internal exchange (to be back up market if main markets die)
2.2 a BTC/LTC futures + options + bonds

Good news everyone!
We launched new Litecoin futures accounted in Bitcoins! It's a linear futures contract, specification explains all details but in short:
LTC/BTC-9.13
Lot size is 10 LTC
Leverage currently is ~1:5

All accounting is done in Bitcoins.
Buying N futures contracts at Price1 and then selling them at Price2 would bring same profit/loss as buying 10 multiplied by N Litecoins for Bitcoins at Price1 (expressed as LTC/BTC) and then selling all of them for Bitcoins at Price2.