Cryptocurrency Q&A What does perps mean in crypto?

What does perps mean in crypto?

CryptoMagician CryptoMagician Wed Oct 30 2024 | 7 answers 1281
I've encountered the term 'perps' in the context of cryptocurrency, but I'm not sure what it means. Can someone explain the definition and usage of 'perps' in the crypto world? What does perps mean in crypto?

7 answers

NebulaPulse NebulaPulse Fri Nov 01 2024
BTCC, a top cryptocurrency exchange, offers a comprehensive range of services related to perpetual futures.

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Silvia Silvia Fri Nov 01 2024
Unlike traditional futures contracts, perpetual futures do not require traders to own the underlying assets they are speculating on.

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SakuraPetal SakuraPetal Fri Nov 01 2024
This feature makes perpetual futures an attractive option for traders who wish to profit from price fluctuations without the hassle of owning the actual assets.

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SeoulSoul SeoulSoul Fri Nov 01 2024
Perpetual futures, also known as perps, represent a unique class of derivative contracts.

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EchoSolitude EchoSolitude Fri Nov 01 2024
The mechanics of perpetual futures enable traders to take both long and short positions.

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