I'm trying to understand what a
BTC perpetual contract is. I've heard of perpetual contracts in trading but I'm not sure how it applies specifically to BTC. Could someone explain this concept to me?
7 answers
CryptoKnight
Wed Dec 18 2024
These contracts do not possess an expiry date and are settled based on the amount involved.
Silvia
Wed Dec 18 2024
Currently, perpetual contracts are predominantly found in the cryptocurrency market.
WhisperInfinity
Wed Dec 18 2024
They differ significantly from traditional futures contracts, which have predefined future payment and delivery dates.
KatanaBladed
Wed Dec 18 2024
The absence of an expiration date in perpetual contracts allows traders to maintain their positions indefinitely.
AzureWave
Wed Dec 18 2024
Perpetual contracts, also known as "perps," represent a unique financial instrument in the market.