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Get to Know Bakkt's Futures Contracts Down Payment

Saul Vicente

Summary: The deposit for Bakkt’s daily and monthly futures contracts is set to be $3,900.00, as an initial hedge. However, when the futures contracts are first released deposits will start at $4,290.00. In Addition, the daily and monthly futures contracts will have a $400-$1000 hedge rate. According to Coindesk, this information was recently made public less ...

The deposit for Bakkt’s daily and monthly futures contracts is set to be $3,900.00, as an initial hedge. However, when the futures contracts are first released deposits will start at $4,290.00. In Addition, the daily and monthly futures contracts will have a $400-$1000 hedge rate. According to Coindesk, this information was recently made public less than two weeks before Bakkt’s plan to launch its new futures contracts on September 23rd. Finally, Bakkt’s CEO Kelly Loeffler told Coindesk that Bakkt’s daily contract will be margined.

Authour: Saul Vicente

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