For the month, the volume of futures trading on Crypto Facilities grew by 500% and almost reached $ 1 billion

In February, the volume of futures trading on the Crypto Facilities platform grew by more than 500%, almost reaching $ 1 billion. CoinDesk reports this, citing company representatives.

Crypto Facilities offers Bitcoin , Ethereum , Ripple , Litecoin and Bitcoin Cash futures contracts .

The company acknowledges that such a strong growth is due to a deal with the Krakow bitcoin exchange, which acquired the platform in early February. The amount of this transaction, according to some data, was $ 100 million.

According to the head of the indices development department, Xu Cheng, the company estimated the five-day period before the deal was made public and the same period after: the trading volume grew by 565%. At the same time, Bitcoin futures remain the most popular product, followed by Ethereum and Ripple.

Note that the liquidity at Crypto Facilities for contracts for Bitcoin increased by 200%, and for Bitcoin Cash and Litecoin – by 1000%.

It is noteworthy that residents of Europe and Asian countries trade on the platform, but not American citizens.

Earlier, CME Group, in partnership with Crypto Facilities, announced the launch of two new tools – the Ethereum benchmark course and the ETH / USD index.

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