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What is cream perpetual futures and how does it work in the cryptocurrency market?

avatarUpendar ChaudharyNov 24, 2021 · 3 years ago3 answers

Can you explain what cream perpetual futures are and how they function in the cryptocurrency market? I'm interested in understanding the concept and how it differs from other types of futures contracts.

What is cream perpetual futures and how does it work in the cryptocurrency market?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Cream perpetual futures are a type of derivative contract in the cryptocurrency market. They allow traders to speculate on the future price of a cryptocurrency without actually owning the underlying asset. These contracts have no expiration date, which means they can be held indefinitely. The price of cream perpetual futures is determined by the market and can fluctuate based on supply and demand. Traders can profit from both rising and falling prices by going long or short on these contracts. It's important to note that cream perpetual futures are highly leveraged, which means that small price movements can result in significant gains or losses. Traders should carefully consider the risks involved before trading these contracts.
  • avatarNov 24, 2021 · 3 years ago
    Cream perpetual futures are a financial instrument used in the cryptocurrency market. They are similar to traditional futures contracts but with some key differences. Unlike traditional futures contracts, cream perpetual futures have no expiration date, allowing traders to hold their positions for as long as they want. Additionally, these contracts are settled in cryptocurrency rather than cash. This means that when a trader closes their position, they receive or pay the difference in the cryptocurrency's price. Cream perpetual futures also offer leverage, allowing traders to control larger positions with a smaller amount of capital. However, it's important to understand that leverage can amplify both profits and losses, so caution is advised when trading these contracts.
  • avatarNov 24, 2021 · 3 years ago
    Cream perpetual futures are an innovative financial product in the cryptocurrency market. They are offered by BYDFi, a leading cryptocurrency exchange. These contracts allow traders to speculate on the price of cryptocurrencies without actually owning them. Cream perpetual futures have no expiration date, which means traders can hold their positions for as long as they want. The price of these contracts is determined by the market and can be influenced by factors such as supply and demand, market sentiment, and news events. Traders can profit from both rising and falling prices by going long or short on these contracts. However, it's important to note that trading cream perpetual futures involves risks, and traders should only invest what they can afford to lose.