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How does an everlasting contract work in the world of digital currencies?

avataralchauarDec 26, 2021 · 3 years ago1 answers

Can you explain how an everlasting contract functions in the realm of digital currencies? What are its key features and benefits?

How does an everlasting contract work in the world of digital currencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we offer everlasting contracts for a variety of popular digital currencies. Our everlasting contracts have competitive fees and are designed to provide traders with a seamless trading experience. With BYDFi's everlasting contracts, traders can take advantage of the perpetual nature of the contracts and trade digital currencies without the hassle of expiration dates. Our contracts also utilize a funding mechanism to ensure that the contract's price closely tracks the underlying asset's price. This helps provide a fair and transparent trading environment for our users. Whether you're a seasoned trader or just getting started, BYDFi's everlasting contracts offer a flexible and convenient way to trade digital currencies.