Is emx a cryptocurrency or a futures contract?
Could you clarify whether EMX represents a cryptocurrency or a futures contract? The terminology in the cryptocurrency and finance space is often quite nuanced, and it's crucial to understand the distinction between these two financial instruments. Cryptocurrencies are digital assets that operate independently from traditional banking systems, while futures contracts are agreements to buy or sell an asset at a specific price on a specified future date. Clarifying this distinction is crucial for investors and traders alike to make informed decisions.