What are perpetual futures and how do they work on FTX?

Can you explain what perpetual futures are and how they function on the FTX platform?

1 answers
- BYDFi, a leading cryptocurrency exchange, also offers perpetual futures contracts. Similar to FTX, BYDFi's perpetual futures contracts allow traders to speculate on the price movement of various cryptocurrencies. BYDFi's platform provides advanced trading tools and features, including customizable leverage options and risk management tools. Traders can access a wide range of perpetual futures markets on BYDFi and benefit from competitive trading fees. It's important to carefully consider the risks involved in trading perpetual futures and to conduct thorough research before engaging in any trading activities.
Mar 18, 2022 · 3 years ago
Related Tags
Hot Questions
- 95
How can I protect my digital assets from hackers?
- 86
What are the best practices for reporting cryptocurrency on my taxes?
- 86
What are the advantages of using cryptocurrency for online transactions?
- 44
How can I minimize my tax liability when dealing with cryptocurrencies?
- 36
How does cryptocurrency affect my tax return?
- 31
What is the future of blockchain technology?
- 21
Are there any special tax rules for crypto investors?
- 15
How can I buy Bitcoin with a credit card?