How do perpetual contracts differ from traditional futures contracts in the crypto industry?

1 answers

• Han ChavezMay 17, 2023 · 3 years ago
  Perpetual contracts, as the name suggests, don't have an expiration date. This makes them different from traditional futures contracts, which have a fixed expiration date. Perpetual contracts are a popular choice among traders because they offer flexibility and allow traders to hold positions for as long as they want. They also use a funding mechanism to ensure that the contract price closely tracks the spot price of the underlying asset. This helps maintain stability and prevents any major price discrepancies. At BYDFi, we offer perpetual contracts that are designed to meet the needs of traders in the crypto industry. With our platform, you can enjoy the benefits of perpetual contracts and take advantage of the opportunities in the market.
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