Nano Bitcoin Futures (BIT) | Contract Overview

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What Is a Nano Bitcoin Futures Contract?

Coinbase Nano Bitcoin Futures are CFTC-regulated, cash-settled Bitcoin futures contracts sized at 1/100th of one BTC. It is very similar to the perps but  because these are traditional monthly contracts, they avoid the funding rate swings commonly seen in perpetual products, which can make longer term positioning more predictable. Traders who want ongoing exposure simply roll positions from the expiring contract into the next active month. With a $0.05 tick value, this contract allows for precise position sizing and tighter risk control on bitcoin if you are hedging or speculating.

What are the contract specifications for Nano Bitcoin Futures (BIT)?

Nano Bitcoin Futures ticker symbol is BIT and is a cash-settled futures contract with a contract size of 1/100th of one bitcoin (0.01 BTC). It provides regulated exposure to bitcoin price movements without requiring delivery of the underlying asset. 

Nano Bitcoin Futures Contract Specifications

Product:

Nano BTC Futures

Futures Contract Symbol:
Exchange:

Coinbase

Contract Size:

1/100th of Bitcoin

Trading Hours:

Friday 6:00 PM – Friday 5:00 PM ET with a weekly one hour break each Friday

Minimum Price Fluctuation:

$5 per Bitcoin = $0.05

Contract Months:

Monthly contracts listed for the three nearest months

Settlement Method:

USD – Settled Index Future

Exchange Fees:

Trade Nano Bitcoin Futures with Lincoln Park Financial.

Complete the form below and a member of our team will contact you to discuss your trading setup and available account options.

Margin Requirements for Nano Bitcoin Futures

Nano Bitcoin Margins

Day Trading Margins

Overnight Margins

$25
$230

Other contracts can be found on our margins page.

Source: Coinbase

The above information is derived from sources believed to be accurate. It is provided without guarantees and is subject change without notice.

Frequently Asked Questions About Nano Bitcoin Futures

The primary ticker symbol for these contracts is BIT. This symbol represents the Coinbase Derivatives Nano Bitcoin contract, which is a cash-settled instrument designed for retail capital efficiency.