How does the cosmos perpetual futures market work?

geneonlineJan 13, 2022 · 3 years ago1 answers

Can you explain in detail how the cosmos perpetual futures market operates? I'm interested in understanding the mechanics and processes behind it.

How does the cosmos perpetual futures market work?

1 answers

Jan 13, 2022 · 3 years ago
BYDFi, a leading cryptocurrency exchange, offers the cosmos perpetual futures market for traders to speculate on the price of cosmos. This market operates similarly to other perpetual futures markets, allowing traders to go long or short on cosmos without actually owning the coins. The funding mechanism ensures that the perpetual futures price closely tracks the spot price of cosmos. Traders can take advantage of the 24/7 trading hours and potentially profit from the price movements of cosmos. So, if you're interested in trading cosmos perpetual futures, check out BYDFi and start trading today!

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