What are the most popular otc derivatives products in the cryptocurrency market?

1 answers

• ricardoruaJun 30, 2024 · a year ago
  BYDFi, as a leading cryptocurrency exchange, offers a wide range of OTC derivatives products that are popular in the cryptocurrency market. Some of the most sought-after products include perpetual swaps, options, futures, and CFDs. These products provide traders with the opportunity to profit from the price movements of cryptocurrencies without actually owning the underlying assets. Perpetual swaps, in particular, have gained significant popularity due to their ability to offer leverage and continuous trading without expiration dates. Options give traders the right, but not the obligation, to buy or sell cryptocurrencies at a predetermined price in the future. Futures contracts allow traders to buy or sell cryptocurrencies at a predetermined price and date. And CFDs enable traders to speculate on the price movements of cryptocurrencies without actually owning them. BYDFi's OTC derivatives products are designed to meet the diverse trading needs of cryptocurrency enthusiasts and professionals alike.
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