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Bitcoin Futures

Bitcoin futures trading is here

Bitcoin Futures Trading at TD Ameritrade
Bitcoin Futures Trading at TD Ameritrade

We’ve built in even more bitcoin futures trading opportunities with Micro Bitcoin futures. You can now trade and get quotes for both Bitcoin futures and Micro Bitcoin futures products on our powerful thinkorswim trading platforms.

What is bitcoin?

Bitcoin is a digital currency, also known as a cryptocurrency, and is created or mined when people solve complex math puzzles online. These bitcoins are then stored in a digital wallet that exists on the cloud or the user’s computer. Because bitcoins are not housed in bank accounts, brokerage, or futures accounts, they are not insured by the FDIC or SIPC.

Virtual currencies, including bitcoin, experience significant price volatility. Fluctuations in the underlying virtual currency's value between the time you place a trade for a virtual currency futures contract and the time you attempt to liquidate it will affect the value of your futures contract and the potential profit and losses related to it. Investors must be very cautious and monitor any investment that they make.

Introducing Micro Bitcoin futures

At 1/10 the size of one bitcoin, Micro Bitcoin futures (MBT) provide an efficient, cost-effective way to fine-tune bitcoin exposure and to enhance your trading strategies. Enjoy the same features as the larger Bitcoin Futures contract (BTC), at 1/50 of its contract size. Learn more about Micro Bitcoin futures.

CME Micro Bitcoin Futures

CME Bitcoin Futures

Symbol

CME Micro Bitcoin Futures

/MBT

CME Bitcoin Futures

/BTC

Contract size

CME Micro Bitcoin Futures

.1 bitcoin

CME Bitcoin Futures

5 bitcoin

Minimum tick

CME Micro Bitcoin Futures

5

CME Bitcoin Futures

5

Minimum value of one tick

CME Micro Bitcoin Futures

$0.5

CME Bitcoin Futures

$25.00

Margin requirement

CME Micro Bitcoin Futures

$2,660*

CME Bitcoin Futures

$133,000*

Notional value

CME Micro Bitcoin Futures

$6,343*

CME Bitcoin Futures

$317,150*

*Margin and Notional Value based on prices from 04/14/2021. Prices are subject to daily fluctuations.

How can I trade bitcoin futures?

To get started, you first need to open a TD Ameritrade account and indicate that you plan to actively trade. There are certain qualifications and permissions required on your account for CME Group (CME) bitcoin futures trading (/BTC)SM and CME Group (CME) micro bitcoin futures trading (/MBT)SM, including:

  • Non-Retirement Account
  • Futures trading approval

Once you are approved to trade futures, you still need access to /BTC and /MBT to add bitcoin trading to your account. To request access, contact the Futures Desk at 866-839-1100.

Please note that the Charles Schwab Futures and Forex LLC margin requirement for bitcoin futures products is 1.5 times higher than the exchange margin requirements, and is subject to change without notice.

Funds must be fully cleared in your account before they can be used to trade any futures contracts, including bitcoin futures. ACH and Express Funding methods require up to four business days for deposits to clear. Wire transfers are cleared the same business day.

While futures products still carry unique and often significant risks, they can potentially provide a more regulated and stable environment to provide some exposure to bitcoin as a commodity as well. You should carefully consider whether trading in bitcoin futures is appropriate for you in light of your experience, objectives, financial resources, and other relevant circumstances.

Please note that virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Virtual currencies are sometimes exchanged for U.S. dollars or other currencies around the world, but they are not currently backed nor supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and they are more volatile than traditional fiat currencies. Profits and losses related to this volatility are amplified in margined futures contracts.

FAQs

I want to trade bitcoin futures. Can I be enabled right now?

How can I check my account for qualifications and permissions?

Am I able to trade bitcoin?

Three reasons to trade futures through us

  • Advanced Technology

    Our thinkorswim platform is a premier derivatives trading platform for serious futures traders.
  • 24/7 Support

    Get live help from traders with hundreds of years of combined experience.
  • Straightforward Pricing

    Fair pricing with no hidden fees or complicated pricing structures.

Learn more

For additional information on bitcoin, we recommend visiting the CFTC virtual currency resource center.

Let's talk about bitcoin futures

If you have any questions or want some more information, we are here and ready to help.

Get in touch Call or visit a branch

Call us: 800-454-9272

175+ Branches Nationwide

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