ETC is a special chain quoting the Ethereum Classic pre-fork chain, which is the chain created by the original Ethereum code as it existed before the hard fork.
ETC has proven a very popular digital currency right out of the gate. As a result, BitMEX is pleased to announce the world’s first Ether Classic futures contract, ETC24H.
ETC24H Contract Details:
- Each contract is worth 1 ETC
- The underlying is the Poloniex ETC/BTC exchange rate
- Margin, profit, and loss are all in Bitcoin
- Leverage of 5x
- Expires each day at 12:00 UTC, based on the 11:30 UTC to 12:00 UTC time weighted average price of ETC/BTC
- More details
Traders can go long or short ETC24H using only Bitcoin. No ETC is required.
To begin trading, deposit Bitcoin to your BitMEX account. Then you can place buy or sell orders on ETC24H.