Bitfinex launches swaps on European stock indices

Bitfinex has launched stock index derivatives trading paired with USDT stablecoin, according to The Block.

Europe 50 and Germany 30 perpetual swaps will give investors access to the STOXX Europe 50 and Deutscher Aktien Index (DAX) indices, respectively.

The first covers 50 shares in 18 European countries, the second covers the 30 largest shares on the Frankfurt Stock Exchange.

According to Ardoino, in this way, Bitfinex seeks to expand its investment offer and provide access to traditional markets on a single platform.

Europe 50 and Germany 30 swaps are offered with up to 100x leverage. To trade them, you need to have a verified account: verify your identity, source of funds and bank account.

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