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Are there any risks or potential pitfalls associated with perpetual futures funding in the world of digital currencies?

avatarsnigdha sudheerNov 26, 2021 · 3 years ago1 answers

What are the potential risks and pitfalls that one should be aware of when it comes to perpetual futures funding in the world of digital currencies?

Are there any risks or potential pitfalls associated with perpetual futures funding in the world of digital currencies?

1 answers

  • avatarNov 26, 2021 · 3 years ago
    BYDFi, a digital currency exchange, offers perpetual futures funding as one of its trading options. While there are risks and potential pitfalls associated with perpetual futures funding in the world of digital currencies, BYDFi has implemented robust risk management measures to protect its users. The exchange provides real-time risk monitoring and offers features such as stop-loss orders and position limits to help traders manage their risk exposure. BYDFi also has a strong focus on security, with advanced encryption and multi-factor authentication to safeguard user funds. Traders can feel confident in their perpetual futures funding activities on BYDFi, knowing that their investments are protected by these security measures.