What are some low-cost futures contracts for trading cryptocurrencies?
hesafDec 25, 2021 · 3 years ago3 answers
Can you recommend some low-cost futures contracts that can be used for trading cryptocurrencies?
3 answers
- Dec 25, 2021 · 3 years agoSure! One low-cost futures contract for trading cryptocurrencies is the Bitcoin futures contract offered by the Chicago Mercantile Exchange (CME). It allows traders to speculate on the future price of Bitcoin without actually owning the underlying asset. Another option is the Ethereum futures contract offered by the Chicago Board Options Exchange (CBOE). Both of these contracts have relatively low fees and can be a good choice for traders looking to enter the cryptocurrency futures market.
- Dec 25, 2021 · 3 years agoYou're in luck! There are several low-cost futures contracts available for trading cryptocurrencies. One popular option is the BTCUSD perpetual contract on the Binance Futures platform. It offers low trading fees and allows traders to take advantage of price movements in Bitcoin without actually owning the cryptocurrency. Another low-cost option is the ETHUSD perpetual contract on the FTX exchange. It provides traders with exposure to Ethereum at a fraction of the cost of buying the actual cryptocurrency. These contracts are great for traders on a budget who want to participate in the cryptocurrency futures market.
- Dec 25, 2021 · 3 years agoBYDFi offers a low-cost futures contract for trading cryptocurrencies. The contract allows traders to speculate on the price of various cryptocurrencies, including Bitcoin and Ethereum, without actually owning the underlying assets. With competitive fees and a user-friendly interface, BYDFi is a popular choice among traders looking for affordable futures contracts. Whether you're a beginner or an experienced trader, BYDFi provides a seamless trading experience with low costs and high liquidity. Give it a try and see for yourself!
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