How can I profit from trading inverse perpetual and inverse futures in the digital currency space?
Shawn ForrestDec 25, 2021 · 3 years ago1 answers
I'm interested in trading inverse perpetual and inverse futures in the digital currency space, but I'm not sure how to profit from it. Can you provide some insights on how to make money from trading these types of contracts?
1 answers
- Dec 25, 2021 · 3 years agoAt BYDFi, we offer a range of digital currency trading products, including inverse perpetual and inverse futures contracts. These contracts allow traders to profit from both upward and downward price movements of digital currencies. To profit from trading these contracts, you can take advantage of the leverage provided by BYDFi and use technical analysis to identify potential entry and exit points. It's important to note that trading digital currency derivatives carries a high level of risk, and it's recommended to thoroughly understand the product and its associated risks before engaging in trading activities. Please ensure you conduct your own research and seek professional advice if needed.
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