How does the sand perpetual futures contract work in the world of digital currencies?

1 answers

• Mantvydas AbromaitisApr 14, 2022 · 4 years ago
  BYDFi offers the sand perpetual futures contract as a way for traders to profit from the price movements of sand tokens. This contract is unique in that it has no expiration date, allowing traders to hold their positions for as long as they want. It settles in cash based on the difference between the opening and closing prices, making it a convenient way to speculate on sand token prices without actually owning them. Traders should be aware of the risks involved in trading futures contracts and should only invest what they can afford to lose. BYDFi provides a user-friendly platform for trading sand perpetual futures and offers competitive fees and advanced trading features to enhance the trading experience.
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