Home » Singapore Set To Launch Bitcoin Perpetual Futures In 2025: Best Crypto To Buy?

Singapore Set To Launch Bitcoin Perpetual Futures In 2025: Best Crypto To Buy?

by Andrew Grant
0 comments


The Singapore Exchange (SGX) will enter the cryptocurrency derivatives market this year by introducing Bitcion perpetual futures. 

According to a Bloomberg report dated 10 March 2025, the SGX plans to list Bitcoin perpetual futures in the second half of 2025.

“The company will strictly target institutional clients and professional investors, with retail customers barred from trading the instruments,” SGX spokesperson told Bloomberg. 

EXPLORE: Best New Cryptocurrencies to Invest in 2025

Monetary Authority Of Singapore Yet To Weigh In 

What does this mean for Singapore’s rising institutional interest in digital assets? SGX’s move provides a regulated platform for Bitcoin trading. Furthermore, by offering these products, SGX aims to provide institutional investors with a secure and transparent platform for cryptocurrency exposure while mitigating risks associated with unregulated exchanges.

However, this is possible only after the Monetary Authority of Singapore (MAS) signs off on it.

What are Bitcoin perpetual futures? They are derivative contracts that allow traders to speculate on the price of Bitcoin without owning the underlying asset. Moreover, unlike standard futures contracts, perpetual futures do not have an expiration date, enabling continuous trading.

In December 2024, Singapore  granted 13 cryptocurrency licenses to major industry players, including OKX, Upbit, Anchorage, BitGo, and GSR, in the past year. This marked more than double the licenses issued by the city-state in 2023.

Singapore is looking to offer a more stable and supportive environment for digital-asset firms.

EXPLORE: 10 Coins with High Returns: Crypto Forecast 2025

Best Crypto To Buy?

With liquidity flowing back into meme coins, Meme Index (MEMEX) offers the perfect solution for investors who want to dip their toes back into the sector without getting their hands dirty.

The meme coin space is notorious for moving at a million miles per hour, making it hard for even the most degen traders to keep up with the price action.

This is where MEMEX enters the chat. It is a first-of-its-kind platform offering users a chance to invest in a basket of meme coins, with four different funds on offer. There is an index for every kind of investor, from super degen to safe, established meme coins.

Four Meme Index Baskets Explained

Meme Titan Index: Includes meme coins valued at $1 billion or more for the more risk-averse.

Moonshot Index: This index features tokens valued between $250 million and $1 billion for those hoping for an established meme to become the next DOGE.

Midcap Index: This index covers tokens ranging from $50 to $250 million, and it is for those wanting a healthy level of risk.

Meme Frenzy Index: Consists of tokens valued under $50 million for true degens.

The experienced team behind MEMEX curates these Meme Index baskets. However, MEMEX also acts as a governance token, giving holders a say on which tokens to add or remove from a particular fund.

Meme Index is about to hit an impressive $4 million in presale funding, which is sure to surge even higher as market attention once again shifts back toward meme coins.

The MEMEX website shows a timer with 19 days left, meaning that it will go live on both DEXs and CEXs in less than three weeks. Before it hits the open market, there is still time to secure MEMEX at presale prices!

Join the Meme Index community on Telegram and X to stay up-to-date with the team’s latest developments and news.

VISIT THE MEME INDEX PRESALE HERE

EXPLORE: 10 Best AI Crypto Coins to Invest in 2025

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Key Takeaways

  • Singapore Exchange (SGX) has announced plans to introduce Bitcoin perpetual futures contracts in 2025, signaling a significant step forward in institutional cryptocurrency adoption.

  • As one of Asia’s leading financial hubs, Singapore continues to solidify its reputation as a global leader in embracing blockchain and digital asset innovation.

The post Singapore Set To Launch Bitcoin Perpetual Futures In 2025: Best Crypto To Buy? appeared first on 99Bitcoins.





Source link

You may also like

Leave a Comment

Editors' Picks

Latest Posts

© 2024 trendingai.shop. All rights reserved.