Essay No. 47255

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Bitcoin futures based on the Gemini auction prices Essay No. 78947 are traded exclusively at Cboe Futures Exchange.

Cboe bitcoin (USD) futures are cash-settled futures contracts that are based on the Gemini Exchange auction price for bitcoin in U.S. dollars. XBT futures provides investors with the opportunity to buy, sell and trade bitcoin futures or implement your trading strategies without having to pay for the actual currency. If you step back, though, it makes sense that the Bitcoin futures market would start slow.

You would then win or lose money depending on what direction the market moves in.

When you open a CFD demo account, youll be granted immediate access to a demo version of the platform, along with a pre-set balance of virtual money to practice. The idea is to recreate the experience of a real trading environment as closely as possible so that you can get a real feel for how the platform works, as well as the different assets you can deal on and the kind of strategies and techniques you can exercise. The main difference is you wont be using real money so that you can explore and experiment with confidence. But demos arent just for newcomers. Experienced traders often like to use demo accounts to try out new tools or ideas, safe in the knowledge that they wont result in any real-world losses.

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