What are Futures and how do they work on Roxom?
Introduction to BTC-denominated perpetual futures contracts on Roxom.
Futures on Roxom let you speculate on the price of real-world assets using Bitcoin. No fiat, no expiration dates, just BTC-denominated perpetual contracts.
What are Futures?
A futures contract is a financial instrument that lets you trade on the price movement of another asset, without owning that asset directly.
In Roxom, these are perpetual futures contracts, meaning:
- They don't expire
- You can go long (buy) or short (sell)
- You trade contracts whose prices follow assets like Gold or the S&P 500 through their tokenized or ETF underlyings (e.g., PAXG for Gold, SPY for S&P 500)
- Everything is quoted, margined and settled in BTC
Example: What does GOLD/BTC mean?
Let's say gold is trading at $3,000 per ounce and Bitcoin is trading at $100,000.
The GOLD/BTC contract might be priced around 0.03 BTC, meaning 1 ounce of gold is worth 0.03 BTC.
- If you think the gold price (in BTC terms) will go up, you can buy (go long)
- If you think it'll go down, you can sell (go short)
When the price moves, your PnL is in BTC, not in USD.
What makes Roxom futures different?
- BTC-denominated: All trading, margin, and settlement is in Bitcoin
- Perpetuals: No expiration or rollover. Positions stay open as long as you want
- Real-world assets: Trade gold and other real-world assets, all using BTC
- 24/7 trading: Some contracts (like GOLD/BTC) are always open
- Isolated margin: Each position is independent. One loss won't wipe out your account
What do I need to start?
Futures margin and settlement are BTC-only. You can deposit BTC directly, or deposit USDC/USDT and swap them for BTC on the platform.
- Deposit BTC, USDC, or USDT into your Funding Account
- Transfer funds to your Unified Trading Account (UTA)
- If you transferred USDC or USDT, swap them for BTC using One-Click Trade (Swap)
- Pick a contract, choose your leverage, and open a position
Where can I find the list of contracts?
Roxom currently offers the following BTC-denominated perpetual futures:
- GOLD/BTC: PAX Gold (PAXG) token as underlying
- OIL/BTC: WTI Light Sweet Crude Oil as underlying (no longer tradeable)
- USDT/BTC: Tether (USDT) as underlying
Need help?
Still have questions? You can speak to Roxy, our AI support assistant, available 24/7 in the chat bubble at the bottom right of your screen.
You can also contact our support team directly at help@roxom.com.
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