3 Things Every Cryptocurrency Trader Should Know About Derivatives Exchanges
In the past two years, futures contracts have become very popular with cryptocurrency traders and this became more apparent as the total open interest in derivatives doubled in three months. A further test of its popularity came when futures turnover outperformed gold, which is a well-established market with $ 107 billion in daily volume. Open interest of aggregate futures (blue) and daily volume (black). Source: BybtBTC and ETH futures open interest, USD. Source: BybtBTC USDT perpetual futures order entry. Source: BybitBTC USDT perpetual futures order entry. Source: OKExETH 8-Hour Futures Funding Rate. Source: Bybt Continue reading on Coin Telegraph
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