What are the benefits of trading BTC perpetual contract?

4 answers

• Nov 26, 2021 · 3 years ago
  Trading BTC perpetual contracts can be highly profitable due to the leverage offered. With leverage, traders can amplify their potential gains and make larger profits compared to spot trading. However, it's important to note that leverage also increases the risk, so proper risk management is crucial.
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• Nov 26, 2021 · 3 years ago
  One of the key benefits of trading BTC perpetual contracts is the ability to profit from both rising and falling markets. Unlike spot trading, where you can only profit from price increases, perpetual contracts allow you to take advantage of price movements in both directions. This opens up more trading opportunities and potential profits.
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• Nov 26, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers BTC perpetual contracts with competitive trading conditions. Traders can enjoy low fees, high liquidity, and advanced trading features. BYDFi also provides a user-friendly interface and reliable customer support, making it a popular choice among traders.
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• Nov 26, 2021 · 3 years ago
  Trading BTC perpetual contracts provides traders with the flexibility to enter and exit positions at any time. Unlike traditional futures contracts with fixed expiration dates, perpetual contracts have no expiration. This allows traders to hold positions for as long as they want, giving them more control over their trading strategies.
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