๐Ÿง  Bitcoin Perps 101

Whatโ€™s the most traded product in crypto (that most people donโ€™t understand)?

๐Ÿ‘‡ Letโ€™s break it down:

๐Ÿ”ธ Bitcoin perpetuals = futures contracts with no expiration

๐Ÿ”ธ You can long, short, and use leverage

๐Ÿ”ธ Trades stay aligned with spot price via the funding rate

If longs dominate โ†’ they pay shorts

If shorts dominate โ†’ they pay longs

๐Ÿ“‰ High risk.

๐Ÿ“ˆ High reward.

๐Ÿ”„ Zero expiry.

Top exchanges:

Binance โ€ข Bybit โ€ข OKX โ€ข dYdX โ€ข Deribit

๐Ÿ’ฌ Reply PERPS and Iโ€™ll DM you a cheat sheet.

#Bitcoin #CryptoTrading #Perps #CryptoEducation #YourDailyBlockchain #BTC #Leverage

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