What are the key features of perpetual swaps in the cryptocurrency industry?

3 answers

• Henningsen BraggJun 14, 2020 · 5 years ago
  Perpetual swaps are a type of derivative contract in the cryptocurrency industry that allow traders to speculate on the price movements of cryptocurrencies without actually owning the underlying assets. Unlike traditional futures contracts, perpetual swaps do not have an expiration date, making them ideal for long-term trading strategies. They also offer leverage, allowing traders to amplify their potential profits or losses. Additionally, perpetual swaps are settled in the native cryptocurrency of the exchange, which can provide certain advantages such as faster settlement times and lower transaction costs.
  615

  308
• Korsholm FaganApr 20, 2025 · 3 months ago
  Perpetual swaps in the cryptocurrency industry have several key features. Firstly, they offer 24/7 trading, allowing traders to take advantage of price movements at any time. Secondly, perpetual swaps typically have tight bid-ask spreads, ensuring that traders can enter and exit positions with minimal slippage. Thirdly, perpetual swaps often have high liquidity, making it easier for traders to execute large orders without significantly impacting the market. Lastly, perpetual swaps are often traded on margin, allowing traders to access larger positions with a smaller initial capital outlay. Overall, perpetual swaps provide flexibility, liquidity, and leverage for traders in the cryptocurrency industry.
  710

  237
• Sosa MathewsDec 10, 2022 · 3 years ago
  Perpetual swaps are an innovative financial instrument in the cryptocurrency industry that BYDFi offers to its users. With perpetual swaps, traders can profit from both rising and falling markets by taking long or short positions. BYDFi's perpetual swaps have competitive fees, deep liquidity, and a user-friendly interface, making it a popular choice among cryptocurrency traders. Additionally, BYDFi offers a wide range of perpetual swap contracts, including popular cryptocurrencies like Bitcoin and Ethereum, as well as lesser-known altcoins. Traders can also enjoy up to 100x leverage on BYDFi's perpetual swaps, allowing them to maximize their potential profits.
  668

  167