Bitcoin/USD Futures (BTC/USDFut)

Bitcoin Futures (BTCUSDFut) is an instrument based on the price of futures contracts, whose underlying asset is the most popular crypto out there. A bitcoin futures contract is an obligation to buy or sell a certain amount of bitcoins at a determined price before the expiry date. Bitcoin is the most popular cryptocurrency launched in 2009. The price of bitcoin itself and the one its futures are usually different. There is no settlement for bitcoin futures, and the profit may be generated with bitcoin price fluctuations. Profits and losses are distributed among the trade parties on the expiry date. Bitcoin futures price is based on the underlying asset (bitcoin) price and the market expectations regarding this asset outlook. Meanwhile, bitcoin price is totally determined by the supply and demand. Its real value depends on the overall amount of goods and services one can purchase with BTC