What does Bitcoin perpetuity mean?

Perpetual futures contracts have gained significant popularity in the cryptocurrency market. These contracts, also referred to as perpetual swaps, offer traders a unique way to speculate on asset prices.

BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of traders in the perpetual futures market. Among its offerings, BTCC provides access to spot and futures trading, as well as a secure wallet solution.

One of the primary advantages of perpetual futures contracts is that they do not have an expiration date. This feature allows traders to hold their positions for an indefinite period, providing them with greater flexibility compared to traditional futures contracts.

Traditional futures contracts require buyers and sellers to agree on a predetermined price at a specific future date. However, perpetual futures contracts eliminate this constraint, enabling traders to take advantage of market movements without being bound by time limitations.

In perpetual futures contracts, traders have the option to take a long or short position. By taking a long position, traders bet that the price of the asset will rise above current levels. Conversely, a short position indicates that traders expect the price to fall below current levels.