UK Crypto Exchange to Launch Litecoin Futures

Cointelegraph

Published Jun 20, 2018 07:59AM ET

Updated Jun 20, 2018 09:21AM ET

UK Crypto Exchange to Launch Litecoin Futures

UK-based crypto futures exchange Crypto Facilities is launching Litecoin (LTC) derivatives contracts this Friday, according to a Coindesk report Wednesday, June 20.

The new US dollar-denominated contracts will offer both long and short trading terms, with weekly, monthly and quarterly maturities. Notably, the contracts will have Litecoin as their underlying collateral, unlike the already existing Bitcoin (BTC) futures contracts on such exchanges as CME and CBOE.

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