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Bakkt Announces Opening Date of Bitcoin Deposit!

Bakkt, which made a major entry into the cryptocurrency sector with its first physical delivery Bitcoin (BTC) futures contracts, has recently put an end to an announcement. Bakkt CEO Kelly Loeffler stressed that on September 23, Bakkt will officially begin trading. You can read the details of the related news here.
Bakkt Begins Preliminary Preparations

Bakkt said in a recent statement that it will already start offering customers a secure Bitcoin storage option. Bakkt users will be able to start storing their BTcons on the Bakkt Warehouse platform starting September 6th to prepare for their official release.

Although bitcoin-based futures contracts were introduced by CME and CBOE about two ways ago, the biggest difference between Bakkt’s physically guaranteed BTC futures is that real Bitcoins will be used in this trade. With the news that Bakkt announced the release date, Bitcoin had an increase of $400 within minutes. Even with this news alone, BTC’s $400 increase is a little hint of how much Bakkt could have increased when it actually comes on the market.

 

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.