💙 Gate Square #Gate Blue Challenge# 💙
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August 11 – 20, 2025
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The renowned exchange group has launched a new platform, and Bitcoin futures contracts are officially starting.
On September 23, news came that a Crypto Assets derivatives trading platform initiated by a well-known exchange group has officially started operations. A spokesperson for the platform announced that the physical Delivery Bitcoin Futures Trading market officially launched at 8 PM Eastern Time on September 22, with the first Bitcoin Futures Trading contract transaction price set at $10,115.
The CEO of this exchange group recently stated in an interview that it is currently uncertain whether asset managers will convert their strong interest in Bitcoin into actual purchasing behavior, which adds some suspense to the launch of the futures. With the assistance of the exchange group, the platform has also established strict security measures for Bitcoin to leave the custody warehouse.
In the platform's repository, the vast majority of Bitcoins are stored in so-called "cold wallets." To transfer Bitcoins out of the repository, they must first be moved from the cold wallet to the hot wallet, and then an electronic transfer is conducted via the internet. The hot wallet is connected to the internet, allowing Bitcoins to be sent from the platform's trust bank to other exchanges or wallets. The cold wallet, on the other hand, stores Bitcoins in a highly secure vault that is completely isolated from the network.
According to previous reports, the custody services under the platform began operations earlier this month. The platform claims to have adopted institutional-grade infrastructure, operational controls, and security measures on par with the New York Stock Exchange, stating that these measures are designed to meet the highest compliance standards.