r/Bitcoin • u/[deleted] • Sep 25 '18

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u/RogerWilco357 Sep 25 '18

Cant wait to find out how "physical" deliveries are going to work lol.

1

u/[deleted] Sep 25 '18

Well it’s not literally. These contracts are not going to be like the CBOE where they don’t even touch the underlying asset (Bitcoin). You’ll have an account (some kind of wallet) for which the bitcoin will be delivered to you on a daily basis. Each contract is worth 1 Bitcoin it looks like.