Cryptocurrency Q&A
What is perp in Kraken?
What is perp in Kraken?
CryptoAce
Mon Sep 16 2024
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7 answers
1572
Excuse me, could you please clarify what you mean by "perp" in the context of Kraken? Is it a specific term or abbreviation used in the world of cryptocurrency trading or finance on the Kraken platform? I'm not immediately familiar with that term in relation to Kraken specifically, but it could be referring to a particular feature, service, or product offered by the platform. Could you provide some additional context or explain what you're looking to understand about "perp" in Kraken?
7 answers
NebulaSoul
Wed Sep 18 2024
Perpetual Protocol (PERP) stands as a pioneering decentralized platform, reshaping the landscape of cryptocurrency trading. Its CORE focus lies in enabling seamless transactions of perpetual contracts, a financial instrument tailored for advanced traders.
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EtherealVoyager
Wed Sep 18 2024
The platform's architecture mirrors the functionalities of traditional exchanges, offering a familiar yet decentralized environment for users to engage in complex trading strategies.
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KatanaGlory
Tue Sep 17 2024
BTCC's services encompass spot trading, enabling users to buy and sell cryptocurrencies at current market prices. Furthermore, the exchange provides access to futures trading, allowing traders to speculate on future price movements.
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Valentina
Tue Sep 17 2024
One of the key features of PERP is its support for leverage trading, allowing traders to amplify their potential gains while managing risk efficiently.
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Caterina
Tue Sep 17 2024
Additionally, the platform facilitates short positions, empowering traders to profit from market downtrends, further diversifying their investment portfolios.
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