Robin Hood (Food) Micro futures have been introduced to Bitcoin
US Solana and XRP are expanding existing crypto futures that will be offered to approximately 26 million funded accounts.
Micro contracts require much less collateral than full-size futures, allowing traders to acquire directional positions while entrusting smaller capital.
The agreement provides traders with the flexibility to bet on current positions in hedges, given the future price direction of cryptocurrency and their small size.
The launch concludes the futures suite, which began in January with BTC and ETH. It will also be weeks after the company has finished its $200 million purchase of BitStamp and completed its $179 million deal with Canadian Wonderfi.
Robinhood data shows that the conceptual amount of cryptography exploded upwards over time, reaching $11.7 billion in May. This figure rose 36% in the month of the month, showing a 65% growth rate from the previous year.
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