Copyright © 2004-2021 LHCrypto
All rights reserved.


When will the Bakkt platform be launched

  • Bakkt_cryptocurrency
Articles list

According to many experts, the launch of the Bakkt platform is able to change the situation on the cryptocurrency market radically. However, the SEC has already twice postponed the issuance of permits for a Bitcoin-ETF financial contract. The rumours that the website will work on March 12 were far from reality as well.

Rumours and facts about Bakkt

In early February, the website published information that the platform will be launched on March 12. However, there were some strange statements on the website that made investors doubt in its authenticity. So, it was said about the guaranteed yield of 27.5%, which contradicts the principles of the trading floor. In addition, official sources did not confirm the authenticity of the website, so you should not take it seriously.

But if the start on March 12 does not take place, when will the Bakkt platform be launched? The ICE head Jeff Sprecher answered this question best of all. He said that this would happen during 2019. However, he warned the community against unnecessarily high expectations. In his opinion, this is an investment with very long prospects. The new platform is more an infrastructure project than a conventional investment.

In order for the project to work in full force, SEC approval for the work of the Bitcoin ETF fund is necessary. Nevertheless, the regulator has already postponed decision making twice. Due to that fact, the launch of the Bakkt platform did not take place on either December 12 or January 24. Because of the shutdown, the application to the SEC was withdrawn, so now it is impossible to talk about the deadlines with some degree of confidence.

Open account

When will Bakkt be launched

The companies themselves admit that they still have a lot of work. During deferments, Bakkt performs its activity in development. It has increased its staff 3 times and continues to look for new employees.

CFTC insider information suggests that the authorities are very close to issuing a permit. Perhaps only because of the shutdown Bitcoin-ETF contracts are not yet available to investors. After its termination, the SEC will make a positive decision with high probability.

Some experts say that this can happen in early spring. Then the launch of the Bakkt platform will be a logical continuation of the project development process. In total, $ 182.5 million was invested in it, which was provided by 12 major investors.

Are you ready to start?
Open Account Be a Partner

LH-CRYPTO is an online service for crypto-traders

LH-CRYPTO is an online service for crypto-traders. The service is available to everyone, except for the citizens of particular countries and several categories of people listed in the License Agreement. LH-CRYPTO is a free software for making conversion operations with CFDs on various financial assets nominated in cryptocurrencies.

The project does not manage funds and does not guarantee profits. The project only offers a service that allows to make conversion operations with cryptocurrencies on a specially configured software.

This website is maintained and supported by the following legal body:


All the settlements in this project are processed solely in cryptocurrencies. Conversion operations are processed on the terms of margin trading without a direct supply of underlying assets. According to the generally accepted term, these operations are called operations with OTC (over the counter) CFDs (contracts for difference).

Trading with OTC CFDs involves considerable risks. We recommend you pay the utmost attention to both theory and practice of margin trading before making any of such operations.

The services provided by this project are not available for: residents of USA, France, North Korea, Spain, Sudan and Syria.

visa mastercard 3D secure visa 3D secure mastercard