Cryptocurrency Q&A
What does BTC perpetual contract mean?
What does BTC perpetual contract mean?
StormGlider
Mon Dec 16 2024
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7
answers
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I'm trying to understand what a BTC perpetual contract is. I've heard of perpetual contracts in trading but I'm not sure how it applies specifically to BTC. Could someone explain this concept to me?
7 answers
CryptoKnight
Wed Dec 18 2024
These contracts do not possess an expiry date and are settled based on the amount involved.
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Silvia
Wed Dec 18 2024
Currently, perpetual contracts are predominantly found in the cryptocurrency market.
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WhisperInfinity
Wed Dec 18 2024
They differ significantly from traditional futures contracts, which have predefined future payment and delivery dates.
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KatanaBladed
Wed Dec 18 2024
The absence of an expiration date in perpetual contracts allows traders to maintain their positions indefinitely.
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AzureWave
Wed Dec 18 2024
Perpetual contracts, also known as "perps," represent a unique financial instrument in the market.
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