Mini Bitcoin

Posted today

 

could get popular very quickly if the "extra compliance" currently with bitocin futures ease up a bit.....

 

Just a has-been listing. I don't know why the CME does that with new products.

https://www.elitetrader.com/et/threads/micro-btc-futures-coming-crazy-fee.357336/

 

2% of the big? I thought it was 10%?

 

Nah man, the big is 5 full BTC, so with this at .1 BTC, there you have it.

 

Sucks. All of the other Minis are 1/10. CME should have started with futures at 1 BTC.

 

Yeah, they screwed the pooch on it. That's why there is so little volume on the BTC future. The maintenance is like $110K on it.

Maybe they will redefine the full in the future.

 

What daytrading margins you get with the normal BTC ?

decent volume and spreads ?

 

$130k margin.

volume has been very pathetic at around 10k/day

 

hopefully, mini BTC volume will be > 50K / day.

current BTC volume is very pathetic.