Bitcoin Cash Fallout: OKEx Futures Contracts Cancelled Without Warning
Posted: Sun Nov 18, 2018 4:05 pm
OKEx, one of the most popular cryptocurrency exchanges in the world, has angered some of its customers by cancelling their investments early, at a point in time when they were in the red. This has caused them to lose money.
The investments were Bitcoin Cash futures, with a total value of $135 million. The exchange made the move to avoid the disruption caused by Bitcoin Cash splitting into two different coins last week.
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What are Bitcoin Cash futures?
A futures contract is a financial derivative. When an investor ... (read more)