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TagsHow does the sand perpetual futures contract work in the world of digital currencies?
Ride2Jet.comDec 26, 2021 · 3 years ago1 answersCan you explain how the sand perpetual futures contract functions in the digital currency world? What are its key features and how does it differ from other types of futures contracts?
1 answers
- BYDFi offers the sand perpetual futures contract as a way for traders to profit from the price movements of sand tokens. This contract is unique in that it has no expiration date, allowing traders to hold their positions for as long as they want. It settles in cash based on the difference between the opening and closing prices, making it a convenient way to speculate on sand token prices without actually owning them. Traders should be aware of the risks involved in trading futures contracts and should only invest what they can afford to lose. BYDFi provides a user-friendly platform for trading sand perpetual futures and offers competitive fees and advanced trading features to enhance the trading experience.Dec 26, 2021 · 3 years ago
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