@maximiliana12
What is a crypto perpetual contract, and how does it work?
A crypto perpetual contract is a type of futures contract without an expiration date.
How It Works:
Traders can hold positions indefinitely.
Uses funding rates to align prices with spot markets.
Allows leverage, increasing both potential gains and risks.
Popular Platforms:
Binance Futures
Bybit
dYdX (decentralized option)
Perpetual contracts are favored by traders but require proper risk management.
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