Hi,
I wonder how trading futures can actually work, fe Tezos (XTZ) futures is currently being traded on hitbtc.
My first question is how can an exchange list someone's sell order when the token is not transferable yet, you cant have a XTZ wallet on the exchange because you can't deposit so where do these token futures come from, from the exchange's supply itself?
second, what about supply, will the entire amount of XTZ created be available here, because if the total amount is not available (if holders of xtz tokens can't deposit their tokens onto an exchange) then the price set is way overpriced because there is only a fraction of the total supply available for trade.
Need some help clearing this up becaus i feel i'mmissing something here