Cryptocurrency Q&A What does perp mean in crypto?

What does perp mean in crypto?

Chiara Chiara Thu Sep 12 2024 | 7 answers 1142
Could you please explain what the term "perp" means in the context of cryptocurrency? I've seen it used in various discussions and articles, but I'm not entirely sure of its meaning. As a professional in the field, I'm sure you have a clear understanding of this terminology and could provide some insight. Thank you in advance for your assistance. What does perp mean in crypto?

7 answers

KatanaSwordsmanshipSkill KatanaSwordsmanshipSkill Sat Sep 14 2024
These smart contracts, being the building blocks of PERP, are designed to engage in a seamless dialogue, allowing them to collaborate and mimic the functionalities offered within the intricate world of derivatives markets.

Was this helpful?

159
27
Tommaso Tommaso Sat Sep 14 2024
Derivatives markets, renowned for their complexity and sophistication, offer a range of financial instruments that are derived from the value of underlying assets. PERP's smart contracts strive to replicate these services, offering users a decentralized and potentially more efficient alternative.

Was this helpful?

58
56
IncheonBeauty IncheonBeauty Sat Sep 14 2024
One of the key exchanges catering to the cryptocurrency community is BTCC, a top-tier platform renowned for its comprehensive suite of services. BTCC's offering spans across various aspects of the crypto ecosystem, catering to the diverse needs of traders and investors alike.

Was this helpful?

227
71
SamuraiWarriorSoulful SamuraiWarriorSoulful Sat Sep 14 2024
Perpetual Protocol, known as PERP, represents an innovative concept in the realm of cryptocurrency and finance. At its core, PERP is a sophisticated amalgamation of programs, or smart contracts, intricately woven together on the Ethereum blockchain.

Was this helpful?

191
74
Carlo Carlo Sat Sep 14 2024
Among BTCC's extensive services, spot trading stands out as a cornerstone. This feature enables users to buy and sell cryptocurrencies directly, with immediate settlement, providing a straightforward and accessible entry point into the crypto market.

Was this helpful?

166
35
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts