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BitMEX adds Ethereum Classic (ETC) futures contract, speculators can now make money on price decline with bitcoin

7/24/2016

Ethereum Classic (ETC) has been taking the crypto scene by storm. On Poloniex it is doing almost half the level of volume that Ethereum Hard-Fork (dubbed by some traders as "Vitalium") since it was added Saturday, July 23 at midnight American time.

Now the derivatives specialists at BitMEX have added an Ethereum Classic contract to their bitcoin futures exchange! This means you can deposit bitcoin to BitMEX and short (or long) ETC contracts to earn money as the ETC/BTC exchange rate fluctuates!

Here is what the ETC/BTC chart from Poloniex looks like, and you can compare the volume on ETC to ETH:

The contract just went live, so the liquidity is a bit weak in the start, but jump in and trade at BitMEX with a 15% fee reduction using this link: SIGN UP FEE DISCOUNT BITMEX

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