Chicago Mercantile Exchange bitcoin contract

If you like the idea of trading bitcoin but are concerned over all the scams and thieving that happen from bitcoin 'exchanges' (these are websites folks, not regulated exchanges at all) then futures may be a viable option.

And, you won't be alone:

  • CME Bitcoin futures reached an all-time record high of 33.7K contracts on May 13

That's around 50% higher than the previous record set on April 4. If that is indicative of the trend, it'll see liquidity improve even further.

Anyway, this isn't an ad for the CME, just my thoughts.

Hourly chart of the spot contract:

Chicago Mercantile Exchange bitcoin contract