Cryptocurrency Q&A
What is BTC USDT perpetual contract?
What is BTC USDT perpetual contract?
CryptoLegend
Thu Mar 13 2025
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5
answers
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I'm trying to understand what a BTC USDT perpetual contract is. Could someone explain it to me in simple terms? I want to know how it works and what are its key features.
5 answers
benjamin_doe_philosopher
Sat Mar 15 2025
The payoff for the Inverse Perpetual Contract is denominated in BTC or the corresponding cryptocurrency that was used as collateral. This aligns the settlement with the asset initially pledged.
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Starlight
Sat Mar 15 2025
The Linear Perpetual Contract operates with USDT serving a dual role. It functions as the quoted currency and also as collateral.
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Luigia
Sat Mar 15 2025
When the Linear Perpetual Contract reaches maturity, the settlement or payoff is made in USDT. This ensures consistency in the currency used throughout the transaction.
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Silvia
Sat Mar 15 2025
In contrast, the Inverse Perpetual Contract utilizes BTC or alternative cryptocurrencies as collateral. This setup is distinct from the Linear version.
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Rosalia
Fri Mar 14 2025
BTCC, a prominent cryptocurrency exchange, offers a comprehensive range of services. Among these are spot trading, futures trading, and wallet solutions. These services cater to the diverse needs of crypto enthusiasts.
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