Cryptocurrency Q&A
What is bybit USDT perpetual?
What is bybit USDT perpetual?
Sun Jan 12 2025
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5 answers
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I want to know about Bybit's USDT perpetual contract. What is it and how does it work? I'm interested in understanding the features and mechanics of this trading product.
5 answers
Mon Jan 13 2025
USDT perpetual futures contracts represent a unique financial instrument in the cryptocurrency market.
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Mon Jan 13 2025
This feature allows traders to maintain their positions for as long as they wish, providing flexibility in their trading strategies.
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Mon Jan 13 2025
These contracts are settled in Tether USD (USDT), a stablecoin designed to maintain a value equivalent to the U.S. dollar (USD).
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Mon Jan 13 2025
By using USDT as the settlement currency, traders can enjoy the stability of a fiat-pegged asset while participating in the highly volatile cryptocurrency market.
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Mon Jan 13 2025
Cryptocurrency perpetuals, as derivatives, offer a way to trade underlying assets such as Bitcoin (BTC) or Ethereum (ETH) without the constraint of an expiration date.
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