Home Topics Business 3 Things Every Crypto Trader Should Know About Exchanging Derivatives

3 Things Every Crypto Trader Should Know About Exchanging Derivatives

3 Things Every Crypto Trader Should Know About Exchanging Derivatives

For the past two years, futures contracts have been rampant among cryptocurrency traders, and this became more apparent when the total open interest in derivatives more than doubled in three months.

Further evidence of their popularity was that futures sales outpaced gold, which is a well-established market Daily volume of $ 107 billion.

Aggregated futures open interest (blue) and daily volume (black). Source: BybtBTC and ETH Futures Open Interest, USD. Source: PerbtBTC Perpetual USDT Futures Order Entry. Source: BybitBTC Perpetual USDT Futures Order Entry. Source: OKExETH Futures 8-hour financing rate. Source: Bybt

Read on on Coin Telegraph

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Fusion Media, or anyone involved with Fusion Media, assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts, and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.

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