Home Moscow Exchange To Add SOL, XRP, TRX Futures For Investors

Moscow Exchange To Add SOL, XRP, TRX Futures For Investors

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Moscow Exchange To Add SOL, XRP, TRX Futures For Investors
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The Moscow Exchange intends to add futures contracts associated with Solana, XRP, and TRX to its list of cryptocurrency derivatives.

In order to create cash-settled futures priced in rubles, the exchange will first introduce indexes for the three coins. These products won’t entail direct cryptocurrency distribution and will only be accessible to eligible investors.

In accordance with Russian regulations, which mandate that derivatives refer to an underlying asset—in this case, published indices—MOEX currently offers Bitcoin and Ether futures.

In response to increased demand for more adaptable cryptocurrency trading tools, the exchange is also investigating perpetual futures for Ether and Bitcoin.

Russia has begun enforcing stricter laws pertaining to cryptocurrency, including plans to restrict retail purchases. The industry is still impacted by ongoing geopolitical tensions and sanctions.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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