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May 20, 2018, 05:40:48 PM |
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With futures contracts on T-bills and corn, you know exactly what you’re buying. The markets are backed up by regulated exchanges that have been around for 100 years or more.
But with Bitcoin, are you buying bits of computer code or somebody’s wildly irrational idea of what those bits and bytes are worth?
“There’s a lot of interest from active traders and investors,” Claus Nielsen, head of markets at Denmark’s Saxo Bank, which has no immediate plans to offer crypto-CFDs, told The Financial Times.
“But this is not a liquid trading product yet. It’s premature, and not professional, to offer margin trading on cryptocurrencies to the retail segment yet.”
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