Which cryptocurrencies are commonly traded using perpetual futures contracts?

3 answers

• Dec 26, 2021 · 3 years ago
  Sure! Some of the cryptocurrencies that are commonly traded using perpetual futures contracts include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have high liquidity and are popular among traders for hedging and speculative purposes. Perpetual futures contracts allow traders to take both long and short positions on these cryptocurrencies without an expiration date, making them suitable for continuous trading.
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• Dec 26, 2021 · 3 years ago
  Perpetual futures contracts are a popular trading instrument in the cryptocurrency market. Cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash are frequently traded using these contracts. Traders can leverage their positions and speculate on the price movements of these cryptocurrencies without actually owning them. It's important to note that trading perpetual futures contracts involves a high level of risk and requires careful risk management strategies.
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• Dec 26, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers a wide range of perpetual futures contracts for trading. Some of the cryptocurrencies commonly traded on BYDFi using perpetual futures contracts include Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. These contracts provide traders with the opportunity to profit from both rising and falling prices of these cryptocurrencies. However, it's important to understand the risks involved in trading perpetual futures contracts and to have a solid trading strategy in place.
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