Nano Bitcoin Futures (BIT) | Contract Overview

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What Is a Nano Bitcoin Futures Contract?

Coinbase Nano Bitcoin Futures (BIT) are CFTC-regulated, cash-settled Bitcoin futures contracts sized at 0.01 BTC. 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, the nano contract allows for precise position sizing and tighter risk control.

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

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

Nano Bitcoin Futures (BIT) 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:

Margin Requirements for Nano Bitcoin Futures

Nano Bitcoin Margins

Day Trading Margins

Overnight Margins

Initial Day Margin
$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.

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