Cryptocurrency futures are like agreements between two people. They guess about a cryptocurrency's future price. Moreover, you can get into cryptocurrencies without actually buying them. Crypto futures are similar to regular contracts for things like goods or stocks. Therefore, they let you bet on where the price of the cryptocurrency is going.
In futures trading, you can readily participate in market movements. Thereafter, earn a profit by going long or short on a futures contract.
By going long, a trader purchases a futures contract. With the hope that it is likely to rise in value in the future.
On the contrary, a trader sells a futures contract to go short, to bet on prices to drop in the future.
Follow these steps to start trading on our Futures platform:
Here’s how you can profit by going long or short on a futures contract:
| Contract Size | Entry Price | Exit Price | Profit and Loss |
|---|---|---|---|
| 1 BTC | 5000 USD | 5500 USD | 500 USD |
| Contract Size | Entry Price | Exit Price | Profit and Loss |
|---|---|---|---|
| 1 BTC | 5000 USD | 4500 USD | 500 USD |
In spot markets, traders can simply profit when the value of an asset enhance. However, on the other hand, with the help of futures contracts, you can profit in both ways. Since, the value of an asset rise or falls.
Future trading offers regulated access, simplicity, low risk, better risk management, and flexible position adjustments. Therefore, making it an appealing option for both experienced traders and newcomers.
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