Is it possible to trade perpetual futures on major cryptocurrency exchanges?

3 answers

• Shawn DupeeJul 24, 2020 · 6 years ago
  Absolutely! Most major cryptocurrency exchanges offer the option to trade perpetual futures contracts. Perpetual futures are derivative contracts that allow traders to speculate on the price of a cryptocurrency without actually owning the underlying asset. They are called 'perpetual' because they have no expiration date, unlike traditional futures contracts. To trade perpetual futures, you typically need to open an account on a cryptocurrency exchange that offers this product, deposit funds, and then place buy or sell orders based on your market analysis. It's important to note that trading perpetual futures involves high risk due to the leverage involved, so it's crucial to have a solid understanding of the market and risk management strategies.
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• sondes farahApr 29, 2021 · 5 years ago
  Yes, you can trade perpetual futures on major cryptocurrency exchanges. Perpetual futures contracts are a popular trading instrument in the cryptocurrency market, allowing traders to profit from both rising and falling prices of cryptocurrencies. These contracts are designed to track the price of the underlying cryptocurrency and are settled in the same cryptocurrency. They offer high leverage, allowing traders to amplify their potential profits, but also come with increased risk. It's important to thoroughly understand the mechanics of perpetual futures trading and the associated risks before getting involved. Make sure to do your research, set a clear trading strategy, and use risk management tools to protect your capital.
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• 21501A0556 GOPIDESI SAI RAMYAAug 08, 2025 · 6 months ago
  Yes, you can trade perpetual futures on major cryptocurrency exchanges like BYDFi. BYDFi is a leading cryptocurrency exchange that offers a wide range of trading options, including perpetual futures contracts. Perpetual futures allow traders to speculate on the price of cryptocurrencies without actually owning them, providing an opportunity to profit from both upward and downward price movements. To trade perpetual futures on BYDFi, you'll need to create an account, deposit funds, and then place your trades using the platform's intuitive interface. It's important to note that trading perpetual futures involves significant risk, so it's advisable to start with a small amount and gradually increase your exposure as you gain experience and confidence in your trading abilities.
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