Why Traders Are Getting Excited About New Nano Ether Futures
Following up on the recent successful introduction of Nano Bitcoin futures, the upcoming launch of Nano Ether Futures from Coinbase Derivatives is eagerly anticipated by active traders. This new Ether contract offers futures traders and Ether enthusiasts alike a cost-efficient way to access the crypto marketplace with contracts right-sized for the individual trader including $25 day trading margins, commission-free trading* & no market data fees.
Traders of the undisputed, second most popular cryptocurrency are quite familiar with Ether’s up and down price swings. In addition to this volatility, Ether traders are also familiar with the challenges inherent to trading the actual coin… the high trading costs, the inability to easily go short, the lack of a regulated trading exchange, and more.
Nano Ether Futures…“Right-Sized” for Active Traders
Combining Ether with a Nano-sized future contract is the recipe many traders have been looking for. Here’s why…
- Right-sized for the active trader. Nano Ether Futures represent 1/10th of a single Ether and were designed specifically for the individual trader. With the small contract size, you can trade on margins at just $25 per contract.
- If you’re only going long Ether, are you really trading? Traders want to be able to take advantage of both sides of price movement. If you’re trading Ether, your options to go short are very limited and far from easy. Nano Ether Futures easily allow for both long and short trading by simply buying or selling contracts. That’s futures, and that’s a beautiful thing. Oh, and unlike shorting with some other asset classes, with futures there’s no $25,000 pattern day-trading balance requirements, no uptick rule, and no short-selling restrictions.
- Peace of mind; worth its weight in gold. It’s your money, so wouldn’t want to know all of the facts? Here’s the deal. Ether, as with all cryptocurrencies, is not a regulated asset, nor does it trade on a regulated or centralized exchange. Nano Ether Futures, however, are a regulated product trading on Coinbase Derivatives, a regulated exchange, and one with the Commodity Futures Trading Commission maintaining a watchful eye.
Prepare to Trade Nano Ether Futures with NinjaTrader
Open your futures trading account today and get started with unlimited simulated trading to practice in a risk-free environment.
NinjaTrader supports more than 500,000 traders worldwide with a powerful and user-friendly trading platform, deep discount commissions and world-class support. NinjaTrader is always free to use for advanced charting, strategy backtesting and risk-free trade simulation.
*Exchange, clearing and NFA fees still apply.