common-close-0
BYDFi
Trade wherever you are!

Which is more popular among cryptocurrency traders, perpetual swap contracts or futures?

avatarIsadora Alcantara Xavier da SiDec 28, 2021 · 3 years ago3 answers

Among cryptocurrency traders, which type of contract is more popular: perpetual swap contracts or futures?

Which is more popular among cryptocurrency traders, perpetual swap contracts or futures?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Perpetual swap contracts and futures are both popular among cryptocurrency traders, but the popularity may vary depending on the specific market conditions and individual trading strategies. Perpetual swap contracts offer the advantage of no expiration date, allowing traders to hold positions indefinitely. This flexibility can be attractive to traders who want to avoid the hassle of rolling over futures contracts. On the other hand, futures contracts have a set expiration date, which can be beneficial for traders who prefer a more structured approach. Ultimately, the choice between perpetual swap contracts and futures depends on the trader's preferences and trading style.
  • avatarDec 28, 2021 · 3 years ago
    In my experience, perpetual swap contracts are more popular among cryptocurrency traders. The absence of an expiration date allows traders to hold positions for as long as they want, providing more flexibility and reducing the need for constant contract rollovers. This can be particularly advantageous in volatile markets where sudden price movements can occur. However, it's important to note that the popularity of perpetual swap contracts may vary among different exchanges and trading communities.
  • avatarDec 28, 2021 · 3 years ago
    As a representative from BYDFi, I can say that perpetual swap contracts have gained significant popularity among cryptocurrency traders. The ability to trade without an expiration date and the availability of leverage make perpetual swap contracts an attractive choice for many traders. However, it's worth mentioning that futures contracts still have a strong following, especially among institutional traders and those who prefer a more structured approach to trading. Ultimately, the choice between perpetual swap contracts and futures depends on the individual trader's goals, risk tolerance, and trading strategy.