On the platform of Huobi Derivative Market there will be contracts for XRP. The launch of the new trading instrument will take place on March 29 at 13:00 Moscow time, RBC Krypto reports. So far, the exchange customers have three contracts linked to the US dollar: weekly, two-week and quarterly. It is known that XRP contracts will maintain a small leverage (up to 20x). Their rate is determined by the index rate, which takes into account the average value of the price of coins on the stock exchanges Huobi, Bitstamp, OKEx and Binance in pairs with the dollar and BTC.
This news may have a positive effect on the cost of XRP cryptocurrency. Now it is in the green zone, the coin went up by 2.30% to $ 0.30 per day. After the launch of contracts, its course may rise even higher. Also yesterday, it became known that the agency Weiss Ratings in its new report, evaluated the XRP token above Bitcoin.
