Dear BIT users,
CoinDesk 20 Index (CD20) USDT-margined perpetual contract will be listed on the BIT futures market on 2024-10-08, 09:00 UTC.
Key features of the CoinDesk 20 Index:
Market Capitalization Weighted: The index applies a 30% cap on the largest constituent and a 20% cap on all other members as of the latest reconstitution.
Exclusion of Stablecoins: The index focuses solely on the most dynamic digital assets.
Frequent Updates: The index is calculated and published every five seconds, ensuring traders have the most up-to-date information.
The CoinDesk 20 Index addresses the growing demand for diversified exposure to the cryptocurrency market. Designed to track the performance of the top digital assets that collectively represent approximately 90% of the global crypto market capitalization, the CoinDesk 20 Index serves as a broad-based index for traders seeking options beyond Bitcoin.
For more information about the CoinDesk 20 Index and to start trading, visit bit.com today.
Risk warning
Trading in cryptocurrencies comes with high risk due to price volatility. Please make sure you understand all the related risks of cryptocurrency trading, be prudent in your decisions, and trade cautiously. BIT will not be responsible for your trading losses.
Here at BIT, we strive to provide you with the best trading experience.
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Thank you for your support!
BIT Team
2024-10-08
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