CoinFlex Eyes to Offer Physical Delivery of Bitcoin Contracts

A cryptocurrency futures exchange based in Hong Kong, CoinFlex claims to be the first exchange which offers physical delivery for bitcoin futures aims to expand in Asia as its less prone to price manipulation. The CEO of CoinFlex, Mark Lamb explained, “Professional and retail traders alike are affected by price manipulation in the cash-settled futures market. In physically delivered contracts, anyone long at expiry receives the underlying bitcoin.”

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