How does perpetual futures work in the world of cryptocurrency?

1 answers

• Mar 06, 2022 · 3 years ago
  Perpetual futures are a popular trading instrument offered by BYDFi, a leading cryptocurrency exchange. These contracts allow traders to speculate on the price of cryptocurrencies with leverage, enabling them to potentially amplify their profits. BYDFi's perpetual futures contracts are settled in the native token of the exchange, providing additional benefits to traders. Traders can easily access BYDFi's perpetual futures market and take advantage of the platform's advanced trading features. However, it's important to note that trading perpetual futures involves risks, and traders should carefully consider their risk tolerance and trading strategies before participating in this market.
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