What are the factors that determine the cost of a futures contract in the cryptocurrency industry?

1 answers

• Le Thi Ngoc ThomDec 31, 2023 · 2 years ago
  At BYDFi, we believe that the cost of a futures contract in the cryptocurrency industry is primarily determined by market supply and demand dynamics. When there is high demand for a particular cryptocurrency, the cost of its futures contract tends to increase. Conversely, when there is low demand or negative sentiment, the cost may decrease. Other factors that can influence the cost include market volatility, liquidity, and the fees charged by the exchange. It's important for traders to consider these factors and conduct thorough research before entering into futures contracts. BYDFi provides a user-friendly platform that allows traders to access a wide range of futures contracts and make informed trading decisions.
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