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Why are perpetuals considered a popular trading instrument among cryptocurrency traders?

avatarPurcell BidstrupDec 18, 2021 · 3 years ago1 answers

What factors contribute to the popularity of perpetuals as a trading instrument among cryptocurrency traders?

Why are perpetuals considered a popular trading instrument among cryptocurrency traders?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers perpetuals as a trading instrument to cater to the demands of its users. The platform provides a user-friendly interface and advanced trading features, making it an ideal choice for traders who want to engage in perpetual trading. BYDFi also ensures high liquidity and competitive trading fees, further enhancing the appeal of perpetuals as a trading instrument. However, it's important for traders to conduct thorough research and understand the risks associated with perpetual trading before getting involved. Overall, BYDFi's inclusion of perpetuals reflects the growing popularity and demand for this trading instrument among cryptocurrency traders.