What is btc perpetual and how does it work in the world of cryptocurrency?

3 answers

• Lethargic DeveloperApr 13, 2021 · 4 years ago
  BTC perpetual refers to a type of perpetual contract that is based on the price of Bitcoin. It allows traders to speculate on the future price movements of Bitcoin without actually owning the underlying asset. These contracts have no expiration date and are settled in cryptocurrency. Traders can go long or short on BTC perpetual contracts, depending on their market predictions. The contract's value is derived from the spot price of Bitcoin and is typically traded with leverage, which amplifies both profits and losses. It is important to note that BTC perpetual contracts are highly volatile and require a good understanding of risk management strategies.
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• AlbyzetaJul 13, 2021 · 4 years ago
  BTC perpetual is like a never-ending roller coaster ride in the world of cryptocurrency. It's a contract that allows you to bet on the future price of Bitcoin without actually owning it. You can go long if you think the price will rise or go short if you believe it will fall. The contract is settled in cryptocurrency and has no expiration date, so you can hold your position for as long as you want. Just be careful, as the leverage involved can make your gains or losses multiply quickly. It's a high-risk, high-reward game that requires careful analysis and risk management.
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• Kaplan ChavezJul 25, 2021 · 4 years ago
  BTC perpetual is an innovative trading instrument that allows traders to speculate on the price of Bitcoin without actually owning it. It works by using a contract that mimics the price movements of Bitcoin. Traders can go long or short on BTC perpetual contracts, depending on their market predictions. The contract is settled in cryptocurrency and has no expiration date, providing traders with the flexibility to hold their positions for as long as they want. It's important to understand the risks involved and use proper risk management strategies when trading BTC perpetual contracts.
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