- Dubai-based crypto exchange has listed Monero futures as of 31 October.
- XMR futures product is the first of its kind to be traded out in the middle eastern region.
BTSE, Dubai-based multi-currency and spot/futures exchange, has announced the unveiling of its Monero (XMR) futures product, which commenced trading on 31 October.
The exchange is licensed by the Department of Economic Development, Government of Dubai and is under the regulations of the Central Bank of United Arab Emirates, as stated via their website.
BTSE CEO commented on the listing:
In listing Monero, we hope not only to provide our users with more choice when it comes to their trading needs, but to spark a conversation on how to list privacy coins in a regulatorily-compliant fashion.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.