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Are perpetual futures a popular trading instrument among cryptocurrency investors?

avatarAnshika RajDec 16, 2021 · 3 years ago3 answers

What is the popularity of perpetual futures as a trading instrument among cryptocurrency investors?

Are perpetual futures a popular trading instrument among cryptocurrency investors?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Perpetual futures have become increasingly popular among cryptocurrency investors. They offer the ability to trade with leverage, allowing investors to amplify their potential profits. Additionally, perpetual futures contracts do not have an expiration date, which provides flexibility for traders. This popularity can be attributed to the high volatility of the cryptocurrency market, as perpetual futures allow investors to take advantage of price movements without actually owning the underlying asset.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Perpetual futures are all the rage in the cryptocurrency trading world. With their unique features like leverage and no expiration date, they provide an exciting and potentially profitable trading experience. Many investors are drawn to perpetual futures because they offer the opportunity to make significant gains in a short amount of time. However, it's important to note that trading perpetual futures also carries a higher level of risk due to the leverage involved. So, it's crucial to have a solid understanding of the market and risk management strategies before diving into this trading instrument.
  • avatarDec 16, 2021 · 3 years ago
    Perpetual futures are indeed a popular trading instrument among cryptocurrency investors. At BYDFi, we have seen a significant increase in the number of traders using perpetual futures on our platform. The ability to trade with leverage and the absence of an expiration date make perpetual futures an attractive option for both experienced and novice traders. However, it's important to note that trading perpetual futures requires careful risk management and a thorough understanding of the market dynamics. It's always advisable to do your own research and seek professional advice before engaging in any trading activities.