Index Futures Trading Receives First Ever Crypto Market Deployment on Bitget Exchange
Summary
The bundled asset indicators that make up the new Index Futures instrument give users of Bitget the ability to earn market average returns at relatively low risks while retaining the option of diversifying their portfolios. The tool uses spot currencies as benchmarks to create the index charts and can thus be considered a reliable indicator of overall market activity and sentiment for a broad range of asset classes. Our technology allows us to provide clear and readable indices that users can leverage to mimic their operations on traditional markets,” as Gracy Chen, the Managing Director of Bitget, stated on the launch of the new product. The product entails the top 10 most actively traded assets on Bitget, including SOL, ADA, MATIC, ATOM, AVAX, DYDX, SUSHI, ETC, XRP, and APT. As a long-time supporter of decentralized solutions and crypto adoption, Bitget is looking forward to effectively bridging the gap between CeFi and DeFi, while attracting users to join the Web3 space.