Cryptocurrency Q&A
What does Btc-perp mean?
What does Btc-perp mean?
DigitalDynasty
Mon Dec 16 2024
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5
answers
1635
I've been hearing a lot about cryptocurrencies and trading, especially this term 'Btc-perp'. I'm not sure what it means exactly. Can someone explain to me what Btc-perp stands for and how it relates to Bitcoin or cryptocurrency trading?
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5 answers
TaegeukChampionCourageousHeart
Wed Dec 18 2024
Bitcoin Perpetual Contract, or BTC-PERP, is a financial instrument that is intrinsically linked to Bitcoin.
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BitcoinBaroness
Wed Dec 18 2024
Unlike traditional futures contracts, which have predefined expiration dates, BTC-PERP does not have such a limitation. It is essentially a futures contract without an end date.
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Ilaria
Tue Dec 17 2024
This perpetual nature of BTC-PERP allows it to simulate the dynamics of the Bitcoin spot market. Investors can use this financial product to hedge their risks or speculate on the future price of Bitcoin.
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GeishaMelody
Tue Dec 17 2024
One of the key features of BTC-PERP is the ability to use leverage. Leverage enables investors to magnify their potential profits, but it also magnifies their losses. Therefore, it is crucial for investors to understand the risks associated with leverage before trading BTC- PERP.
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EthereumEagleGuard
Tue Dec 17 2024
BTCC is a top cryptocurrency exchange that offers a range of services, including spot trading, futures trading, and wallet services. For those interested in trading BTC-PERP, BTCC provides a platform where they can do so easily and securely.
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