What trading traditional future markets in crypto means

Published on by Cryptoslate | Published on

Everyday retail traders get an extremely raw deal they want to try their hand trading these markets.

Traders can currently trade cryptocurrency futures on many different pairs, from BTC against the USD to ETH against the GBP. But, there still are no exchanges that allow cryptocurrency futures traders to trade traditional futures markets as well.

By adding traditional futures markets like gold, bonds, stocks, and indices, to cryptocurrency trading, exchanges would be effectively taking the cryptocurrency game to traditional retail traders.

We're talking abou the self-directed trader who currently trades his or her favorite markets without a financial advisor while paying high brokerage fees.

Out of all millennial retail traders worldwide, around 72 percent describe themselves as "Self-directed investors." This means that they don't rely on a financial advisor, trader, or broker to invest their money or offer advice.

Not only would the cryptocurrency industry be tapping into the multi-trillion-dollar futures industry, but it would be disrupting the status quo and giving traditional retail traders a better deal.

Allowing for the trading of traditional futures markets on cryptocurrency exchanges has the potential to bring more fiat on-ramp and make crypto potentially huge, onboarding traditional retail traders.

Not only will they benefit from lower commissions on the markets they're comfortable trading, but they'll also get exposure to cryptocurrency trading for the first time.

At the same time as bringing fiat on-ramp and widening the pool of traders, cryptocurrency futures exchanges will also be allowing everyday crypto traders who previously had restricted access to get in on a trillion-dollar market.

It's impossible to understate the potential of marrying traditional futures trading with the crypto industry.

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