Redcab™ is listing on BITOZZ.com a leading futures and options trading platform
“BITOZZ is a completely new cryptocurrency ecosystem, built to facilitate a crypto derivative market where traders have access to a variety of trading and investment instruments, enabling a highly liberating, strategic, low-risk and seamless trading experience.
With its array of derivative instruments, BITOZZ offers its users the freedom to hedge, speculate and diversify their portfolio. Traders of all styles and grade will find a product of their interest and a platform that not only simplifies their experience but also let them maintain a high degree of control over customising that experience.”
This will be our 4th exchange listing in 2019 and we will open the token trading up to new markets and potential stakeholders.
BITOZZ have already opened deposits for Redcab™ (ERC20), while trading going live on the 25th February 2019.
BitOzz operates a futures and options cryptocurrency trading platform. Futures & options are derivatives where the value of the contract is dependant on the underlying asset valuation, in this case cryptocurrency and the valuation of the REDC™ token.
- Options — A user can either place a put or call option which will give them the option (but not obligation) to purchase assets at a set price up until a fixed date in the contract. A call option allows the user to purchase that asset and a put option allows them to sell it.
- Futures — Are a contract obliging the user to carry out a trade in the future at a specific price point and time.
Derivatives are often used with margin trading to allow for increased exposure to an asset. BITOZZ offers leverage up to 25x without any carrying cost.
REDC™ users can setup an account at https://stage.bitozz.com/
Both options and futures are complex financial instruments and we recommend seeking professional investment advice before trading. The team at Redcab™ are not financial advisors and we do not offer financial advice.