The FTX exchange has released the Trump-2020 token. Its price matches Trump's chances of re-election

Crypto derivatives exchange FTX has launched the Trump-2020 token, which works like a futures contract, CoinDesk reports.

Futures allows traders to enter long and short positions on the re-election of Donald Trump and his loss in the presidential race, respectively.

If Trump wins the 2020 election, the value of the token will be one dollar, if he loses, zero dollars.

According to CoinDesk, theoretically, the current price roughly corresponds to Trump's chances of re-election.

“If you believe that Trump has a 52% chance of winning, the token should be trading at 52 cents,” the exchange itself explains. By 19:30 Moscow time on February 9, the token was trading at 62 cents.

• The FTX exchange is not available to residents of the United States, Cuba, Crimea, Iran, Syria, North Korea and Sudan.
• In the US, at the end of 2019, the platform was accused of racketeering, selling unlicensed securities, and market manipulation. The lawsuit against the exchange was dismissed.