What factors should I consider when deciding whether to trade standard or perpetual futures in the digital currency market?
McKenzie GleasonNov 04, 2020 · 5 years ago1 answers
When it comes to trading digital currency futures, there are two main types to choose from: standard futures and perpetual futures. What factors should I consider when deciding which type of futures to trade in the digital currency market? How do these factors affect my trading strategy and potential profits?
1 answers
- AKSHAJ BISHTMay 01, 2021 · 4 years agoWhen it comes to trading digital currency futures, BYDFi offers a range of options to suit different trading preferences. When deciding between standard or perpetual futures, it's crucial to consider your trading strategy and risk tolerance. Standard futures have fixed expiration dates, which can be advantageous if you have a specific time frame in mind for your trades. On the other hand, perpetual futures allow for indefinite holding periods, providing more flexibility. Additionally, consider the funding rates and trading fees associated with each type of futures. BYDFi strives to offer competitive rates and low fees to enhance your trading experience. Ultimately, the choice between standard and perpetual futures depends on your individual preferences and trading goals. Take the time to evaluate the factors that matter most to you and make an informed decision to maximize your potential profits.
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