Cryptocurrency Q&A
Why trade perps?
Why trade perps?
Michele
Sat Oct 26 2024
|
7 answers
1306
I'm curious about the reasons why people choose to trade perps. I want to understand the motivations and potential benefits behind engaging in this type of trading activity.
7 answers
ZenFlow
Mon Oct 28 2024
Trading perpetual futures contracts, or Perps, offers a unique advantage to investors.
Was this helpful?
248
24
Bianca
Sun Oct 27 2024
The primary benefit of these contracts lies in their ability to utilize leverage.
Was this helpful?
85
26
benjamin_doe_philosopher
Sun Oct 27 2024
On the flip side, if the market moves against the trader, the losses can also be magnified.
Was this helpful?
259
44
SophieJones
Sun Oct 27 2024
Leverage allows traders to take larger positions in the market than their account balance would otherwise permit.
Was this helpful?
253
57
Emanuele
Sun Oct 27 2024
BTCC is a top cryptocurrency exchange that offers a range of services including spot, futures, and wallet options.
Was this helpful?
144
41
Load 5 more related questions
