BYDFi
Trade wherever you are!
Buy Crypto
New
Markets
Trade
Derivatives
common-fire-img
BOT
Events

Which cryptocurrencies are commonly traded using perpetual futures contracts?

mohaned DhibMay 26, 2022 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that are frequently traded using perpetual futures contracts?

3 answers

  • Jenny AnderssonJan 27, 2025 · 6 months ago
    Sure! Some of the cryptocurrencies that are commonly traded using perpetual futures contracts include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have high liquidity and are popular among traders for hedging and speculative purposes. Perpetual futures contracts allow traders to take both long and short positions on these cryptocurrencies without an expiration date, making them suitable for continuous trading.
  • Maheshi PurnimaFeb 17, 2024 · a year ago
    Perpetual futures contracts are a popular trading instrument in the cryptocurrency market. Cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash are frequently traded using these contracts. Traders can leverage their positions and speculate on the price movements of these cryptocurrencies without actually owning them. It's important to note that trading perpetual futures contracts involves a high level of risk and requires careful risk management strategies.
  • 1710Sep 16, 2022 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a wide range of perpetual futures contracts for trading. Some of the cryptocurrencies commonly traded on BYDFi using perpetual futures contracts include Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. These contracts provide traders with the opportunity to profit from both rising and falling prices of these cryptocurrencies. However, it's important to understand the risks involved in trading perpetual futures contracts and to have a solid trading strategy in place.

Top Picks