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    Home » Bakkt cryptoplatform launch for Bitcoin futures trading will take place on March 12th?

    Bakkt cryptoplatform launch for Bitcoin futures trading will take place on March 12th?

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    By BlockchainJournal on February 8, 2019 News
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    The start time of the Bakkt platform, supported by the Intercontinental Exchange, the operator of the NYSE, has been postponed several times. Meanwhile, according to experts, the opening of Bakkt can break the back of cryptocurrency bears and be the beginning of the revival of Bitcoin .

    A source close to Bakkt told the publication that the company’s management effectively used the deferment caused by the crisis in the US government to attract customers and large banks. An insider also said that platform personnel have recently tripled, and the list of vacancies is still growing.

    Recall, Bakkt at the end of January revealed details of the terms of trade on the platform for bitcoin futures.

    The site states that the official start of the work of Bakkt is scheduled for March 12. Then in the second quarter, the platform will deal with operational issues related to the increase in staff.

    “We are confident that the launch of our platform will greatly benefit digital assets and provide more opportunities for institutional investors ,” says bakktplatform website.

    At the same time, publications refer to the Bakkt Platform website. It should be noted that such important news is not reflected in any way in the official blog of the Medium company and Twitter Bakkt.

    According to the FInder publication, this site is a fairly high-quality fake. This Bakkt site is located at bakkt.com .

    In fact, the specific start date of the platform is not yet known . On the fake website there are several inaccuracies that should alert users. According to FInder experts, the rationale for using the Bitcoin platform is extremely vague, and there is a promise of a guaranteed 27.5% profit for Bitcoin investors. In addition, several errors were found on the site.

    Meanwhile, insiders from the CFTC previously told the Abacus Journal that the regulator is close to issuing a permit. In the absence of problems with the work of government agencies, such as the January Shatdaun, approval of trading in physically supplied Bitcoin futures can be obtained by Bakkt by mid-March.

    Recall that in the first round of financing, Bakkt raised $ 182.5 million from 12 business partners . In anticipation of launching approval from the CFTC, the platform operator revealed the specification for its first product – Bitcoin futures (Bakkt BTC (USD) Daily Future). Initially, the launch of Bakkt was scheduled for December 12, 2018, and in November a new date was announced – January 24, 2019.

    Publication date 02/08/2019
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