Crypto Futures - BTSE and BNC launch crypto index for futures trading
Guest:
Brian Wong and Lina Seiche from the BTSE exchange.
Key takeaway:
An index tracks the performance of a basket of assets to represent the overall strength of a market. The new BTSE BBCX index tracks Bitcoin, Ethereum and Litecoin and can be combined with leveraged futures trading. Brian explains the collaborative process that was working with the Brave New Coin market data team to create the index. Brian and Lina explain why they think the next Bitcoin bull run will be even bigger than 2017, how futures trading allows miners and traders to hedge their positions and why liquidity attracts liquidity.
Why you should listen:
Lina talks about the importance of separating signal from noise on social media and at crypto conferences. She explains why there is a first-place prize of 10 whole Bitcoins in the BTSE trading competition and why centralized exchanges need to win the trust of their users. In the Crypto Conversation hot-take round, Brian says he admires the vision of Andrew Yang, Lina explains why BTSE sponsors the Magical Crypto Friends, and why she admires Elon Musk’s vision to take humanity to another planet. Not to be outdone in the sci-fi stakes, we learn that Brian’s Twitter handle is a reference to the Infinite Square Well - the particle in a box model in quantum mechanics. Brian says that his favorite sci-fi film is Interstellar, while Lina admits to being more of a fantasy fan, and picks the Lord of the Rings as her fantasy literature of choice.
Supporting links:
Btse-x-bnc-bbcx-index-futures-trading-tutorial
Brave New Coin indices-program
BNC-BTSE Composite Index (BBCX)
OhNoCrypto
via https://www.ohnocrypto.com
Andy Pickering, Khareem Sudlow