Cryptocurrency Q&A How do you get out of a perpetual contract?

How do you get out of a perpetual contract?

KimchiChic KimchiChic Sun Feb 23 2025 | 5 answers 978
I'm stuck in a perpetual contract and I can't seem to find a way out. The terms are vague and I feel like I'm trapped. How can I terminate this contract without facing any legal issues? How do you get out of a perpetual contract?

5 answers

DaeguDivaDanceQueenElegance DaeguDivaDanceQueenElegance Tue Feb 25 2025
In legal terms, perpetual contracts possess a unique characteristic.

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benjamin_brown_entrepreneur benjamin_brown_entrepreneur Tue Feb 25 2025
A clause can be inferred within such contracts, enabling one party to dissolve the agreement.

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SumoHonor SumoHonor Tue Feb 25 2025
The condition for termination is the provision of "reasonable notice."

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Tommaso Tommaso Tue Feb 25 2025
These contracts are frequently labeled as "perpetual" or "indefinite" agreements.

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WhisperInfinity WhisperInfinity Tue Feb 25 2025
Reasonable notice serves as a crucial aspect in the termination process.

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