Monero (XMR) futures go live on Dubai-based exchange

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.

Ken Chigbo Independent Analyst

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.

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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