A complete guide to future trading in cryptocurrency
The world of cryptocurrency has exploded in the last ten years, with a growing community of merchants and investors. One of the most popular and profitable trading options for cryptocurrency exchanges. Trading, strategies, strategies, risks, risks and best practices for navigating this complex market.
** What are the future cryptocurrency?
Cryptocurrency future. The cryptocurrency market, flying against potential losses or capitalizing the earnings. Unlike spots trading, where you buy and sell cryptocurrencies
Types of futures on cryptocurrency
There are different types of futures on cryptocurrency, including:
- Futures Spot : Buying or selling a specific amount of cryptocurrency at the current market price.
2.
3.
- Futures based on the index: future contracts linked to a specific cryptocurrency index, such as the Bitcoin price.
How to exchange futures on the cryptocurrency
To exchange future cryptocurrency, follow these steps:
- Choose a brokerage platform : exchanges and brokers respectable for research on Futures Trading on cryptocurrency equipment. Some popular options include bitmex, binance and coinbase.
2.
.
- Put a trade : use an online trading platform or bees to perform your job. It is also possible to use automated trading software.
5
Key concepts
Before immersing yourself in the Futures trade on cryptocurrency, it is essential to understand the following concepts:
- Risk management : Set clear arrest limits, position sizing and lever relationships to manage the risk.
2
- Decay of time :
- Level : use the lever sparingly or not at all, as it can amplify both the gains and the losses.
Futures trading strategies on successful cryptocurrency
To be successful in Futures Trading on cryptocurrency:
.
- Development plan and trading
: fix clear objectives, strategies and risks management techniques
.
- Be patient : cryptocurrency markets can be volatile; Avoid impulsive decisions based on emotions.
Risks of Futures Trading on cryptocurrency
While the trading of future cryptocurrencies offers numerous advantages, there are risks to consider:
1.
- Risk of counterparty : exchange an increase in unregulated exchanges or brokers.
3.