3 things every crypto trader should know about exchanging derivatives from Cointelegraph
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: Open Interest for BybtBTC and ETH Futures, USD. Source: PerbtBTC Perpetual USDT Futures Order Entry. Source: BybitBTC Perpetual USDT Futures Order Entry. Source: OKExETH Futures 8-hour financing rate. Source: Bybt
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