Cryptocurrency Q&A
How do perpetuals work?
How do perpetuals work?
Caterina
Mon Sep 23 2024
|
6 answers
1247
Could you please explain how perpetuals function in the world of cryptocurrency and finance? I'm particularly interested in understanding the mechanics behind them and how they differ from traditional financial instruments. Additionally, I'd like to know if there are any specific risks or benefits associated with trading perpetuals that investors should be aware of. Your insights would be greatly appreciated.
6 answers
Arianna
Tue Sep 24 2024
Perpetual contracts are traded on various cryptocurrency exchanges, including some of the largest and most reputable platforms. These exchanges offer traders access to a wide range of perpetual contracts, allowing them to speculate on the price movements of various assets.
Was this helpful?
358
41
Silvia
Tue Sep 24 2024
Perpetual contracts, also known as perpetual swaps, have emerged as a popular trading instrument in the cryptocurrency market. They fulfill a similar role as contracts for difference (CFDs), enabling traders to gain Leveraged exposure to an underlying asset without owning it outright.
Was this helpful?
52
80
amelia_jackson_environmentalist
Tue Sep 24 2024
Among the top exchanges offering perpetual contracts is BTCC, a leading cryptocurrency exchange platform. BTCC provides a comprehensive suite of services, including spot trading, futures trading, and wallet services. Its perpetual contracts offer traders the opportunity to gain leveraged exposure to a wide range of assets, including Bitcoin, Ethereum, and other popular cryptocurrencies.
Was this helpful?
173
70
Carlo
Tue Sep 24 2024
BTCC's perpetual contracts are designed to be user-friendly and accessible to traders of all experience levels. The platform offers advanced trading tools and features, such as real-time market data, charting capabilities, and order types that cater to both manual and algorithmic trading strategies.
Was this helpful?
295
92
CryptoElite
Tue Sep 24 2024
The key difference between perpetual contracts and traditional futures lies in their perpetual nature. Unlike futures contracts, which have a predefined expiration date, perpetual contracts are designed to be traded indefinitely. This feature provides traders with the flexibility to hold their positions for as long as they wish.
Was this helpful?
41
30
Load 5 more related questions
