UK TRADING PLATFORM CRYPTO FACILITIES LAUNCHES ETHEREUM FUTURES

[satrum]

LONDON, 11th May 2018 – Crypto Facilities, a world-leading cryptocurrency trading platform, today announced the launch of futures for Ethereum. The new derivatives contract will start trading at 4pm UK time today.
Toby Allen, Head of Digital Assets at Akuna Capital, said: "Akuna is excited to be a liquidity provider for the Crypto Facilities ETH futures product and is looking forward to seeing this much-needed product fill a gap in the market. The addition of a futures product enables crypto traders to take both long and short positions in ETH and is another giant leap in the development of the crypto asset class."
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[KryptoKai]

Bitcoins were also part of a futures investment platform and the price plummeted. I don't think it is good for a coin when it is part of this method of investing. Better to encourage hodlers and long term traders instead of those that aim to manipulate the prices

[satrum]

Bitcoins were also part of a futures investment platform and the price plummeted. I don't think it is good for a coin when it is part of this method of investing. Better to encourage hodlers and long term traders instead of those that aim to manipulate the prices

Yes it is not good for investing, but good for traders.