Most traders might get used to Spot Trading, which refers to buying and selling digital assets at their current market price. On the other hand, there is another type of trading called “Futures”, referring to contracts that buy or sell an asset at a specific price on an exact date in the future. Let’s get to know more about 5 characteristics of Futures trading!
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Futures Trading: planning for the future
1️⃣Buy/sell at a specific price in the future.
2️⃣Buy/sell contract terms and it allows you to profit from short-term price movements in either direction.
3️⃣The asset is not delivered immediately but at a later date, and you can choose to long (buy) or short (sell) it.
4️⃣Ability to trade more than your account’s asset value
5️⃣This type of trading is best for those who utilize market volatility and price movements in the future as short and long term strategies.
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The cryptocurrency world is full of opportunities for traders looking to invest and profit. No matter what type of trading you are in, please always #DYOR do your own research before investing!
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