To coincide with the long awaited launch of Ethereum (Ether), BitMEX has listed a weekly futures contract on the Ether / Bitcoin (ETHXBT) exchange rate.

Contract Details

Ticker Symbol: ETH7D, BitMEX Ether / Bitcoin Weekly Futures Contract

Settlement: 12:00 GMT each Friday based on the Kraken ETHXBT exchange rate.

Payoff: Each contract is worth 1 Ether, and is cash settled in Bitcoin.

Margin Requirements: The maximum leverage allowed is 5x.

For more details, please read ETH7D Contract Specifications.

For questions about the new ETH7D contract, please don’t hesitate to contact us at support@bitmex.com.