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What is the concept of inverse perpetual trading on Bybit?

avatariain whitsonDec 27, 2021 · 3 years ago1 answers

Can you explain the concept of inverse perpetual trading on Bybit in detail?

What is the concept of inverse perpetual trading on Bybit?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Inverse perpetual trading is a popular trading strategy on Bybit. It allows traders to speculate on the price movements of cryptocurrencies without actually owning the underlying assets. Traders can go long or short on perpetual contracts, which are contracts without an expiration date. Bybit's inverse perpetual contracts are settled in USDT, which is a stablecoin pegged to the US dollar. This means that traders can profit from both upward and downward price movements of cryptocurrencies. Bybit provides traders with leverage, allowing them to amplify their potential profits or losses. It is important for traders to carefully manage their risk and use appropriate risk management tools when engaging in inverse perpetual trading on Bybit.