Bitfinex Derivatives to Launch Terra (LUNA2F0:USTF0) Perpetual Swap

PROVIDENCE, Mahe, Seychelles, June 21 2022  –  13:00 PM CET  Bitfinex Derivatives* offers a derivatives platform accessible through Bitfinex, a state-of-the-art digital token trading platform. Bitfinex Derivatives has today announced the launch of perpetual contracts for Terra (LUNA2F0:USTF0).  

LUNA2F0:USTF0 will go live on 21/06/22 at 13:00 PM CET. The contracts offer users up to 100x leverage and will be settled in Tether tokens (USDt). 

“We’re delighted to announce the addition of Terra’s new LUNA to our growing portfolio of perpetual swaps available to trade on the exchange,” said Paolo Ardoino, CTO at Bitfinex Derivatives. “We anticipate great interest in this product as a hedging tool, particularly among funds and professional investors.” 

Bitfinex Derivatives platform and products are only available in eligible jurisdictions, and are exclusive to verified users.

* The derivatives platform is provided by iFinex Financial Technologies Limited. References to Bitfinex Derivatives in this press release are references to iFinex Financial Technologies Limited.

*All deposits, activities, and users are subject at all times to all of the terms of service in effect on Bitfinex. U.S. persons are not permitted to use Bitfinex or any of its services.

Important Notes

This press release is intended for journalists. It is not intended to be broadly disseminated.

This press release is not an offer to sell or the solicitation of an offer to purchase any financial products. iFinex Financial Technologies Limited will only allow access to its derivatives platform pursuant to its derivatives terms of service available (as at the date of this press release) at www.bitfinex.com/legal/derivative_terms.

The summary description of the perpetual contract for LUNA2F0:USTF0 in this press release is provided for convenience purposes only. The perpetual contract for LUNA2F0:USTF0 is more particularly described in the updated Derivative Product Descriptions found at https://www.bitfinex.com/legal/derivative_product. If there are any differences between the description in this press release and the Derivative Product Description, the Derivative Product Description will govern. Please read it carefully to ensure you understand the products available on the derivatives platform.

Any summary information regarding LUNA2F0:USTF0 in this press release is provided for convenience purposes only and may not be relied upon. Please ensure you conduct your own research regarding LUNA2F0:USTF0.

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About Bitfinex Derivatives

Launched in September 2019, iFinex Financial Technologies Limited offers a derivatives platform that is accessible through Bitfinex, a digital token trading platform offering state-of-the-art services for digital currency traders and global liquidity providers. Visit www.bitfinex.com to learn more.

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