FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64%
At the beginning of the year, the trading platform FTX Exchange launched a futures market so people can bet on the U.S. election and created a futures contract token called TRUMP. On Friday, FTX revealed that the exchange is lifting the initial margin requirements to Looking at both futures markets on FTX shows that traders are expecting Joe Biden to win the U.S. election and percentages are over 60% today. BIDEN futures tokens are swapping at prices between At the time, gambling sites and FTX’s TRUMP futures had shown Donald Trump was expected to win the 2020 election. However, on September 30, our newsdesk’s latest report had shown Joe Biden was leading across gambling portals by at least 60%.
What do you think about FTX Exchange lifting the initial margin requirements to “A handful of contrarian pollsters believe Trump’s support is underrepresented and that election analysts could be headed for another embarrassing miss on election day,” Jonathan Easley from The Hill wrote on Friday.
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[FTX Exchange will] increase [the] initial margin requirement to On Friday, FTX announced some changes to the original TRUMP token futures market and the exchange is also offering a BIDEN futures market as well. FTX said:
As stated during the original FTX TRUMP futures announcement, “[TRUMP] is a futures contract on FTX, [The token] expires to if Donald Trump wins the 2020 U.S. presidential general election, and The post FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64% appeared first on Bitcoin News.
On Friday, October 30, a great number of polls say that Joe Biden is leading the race. However, reports also show that Trump may actually be in the lead in the United States election polls.
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