Bitcoin Futures: Make Way for a New Kind of Whale

Lanre Sarumi is the CEO of Level Trading Field, an interactive online platform for professionals in the finance industry.

For bitcoin traders, all eyes should be on Dec. 10 and Dec. 18.

That's when former self-styled bitcoin whales will be swallowed up like plankton as the CBOE and CME Group launch bitcoin futures contracts for the first time in history.

Over the next few days, I will be providing information on trading in the bitcoin futures market. My goal is to shed some light on its peculiarities and hopefully help people avoid mistakes. To start, it won't just be the whales that will be devoured, but any other smaller crustaceans that choose to ignore the potential impact a derivatives market can have on an underlying commodity.
Read more:https://www.coindesk.com/bitcoin-futures-make-way-new-kind-whale/amp/