What are the easiest futures to trade for someone new to the world of digital assets?

For someone who is new to the world of digital assets, what are the easiest futures to trade?

3 answers
- The easiest futures to trade for someone new to the world of digital assets would be those that are well-established and have high liquidity. Bitcoin futures, for example, are a popular choice for beginners due to the widespread adoption and familiarity of Bitcoin. Ethereum futures are also relatively easy to trade, as Ethereum is the second-largest cryptocurrency by market capitalization. These futures can be traded on various exchanges, such as Binance, Coinbase, and BitMEX. It's important to do thorough research and understand the risks involved before trading any futures.
Mar 06, 2022 · 3 years ago
- If you're new to the world of digital assets, I would recommend starting with Bitcoin futures. Bitcoin is the most well-known and widely accepted cryptocurrency, making its futures relatively easy to trade. Additionally, Bitcoin futures are available on many reputable exchanges, such as Binance and Coinbase. By starting with Bitcoin futures, you can gain valuable experience and knowledge that can be applied to trading other futures in the future. Remember to always do your own research and only invest what you can afford to lose.
Mar 06, 2022 · 3 years ago
- When it comes to trading futures for someone new to the world of digital assets, it's important to choose futures that are easy to understand and have sufficient liquidity. Bitcoin futures are a great option for beginners, as Bitcoin is the most popular and widely recognized cryptocurrency. Ethereum futures are also relatively easy to trade, given the popularity of Ethereum in the digital asset space. It's worth noting that different exchanges may offer different futures contracts, so it's important to choose an exchange that suits your needs and preferences. BYDFi, for example, offers a user-friendly platform for trading various futures contracts. However, it's always recommended to do thorough research and seek professional advice before getting involved in futures trading.
Mar 06, 2022 · 3 years ago
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