๐ง Bitcoin Perps 101
Whatโs the most traded product in crypto (that most people donโt understand)?
๐ Letโs break it down:
๐ธ Bitcoin perpetuals = futures contracts with no expiration
๐ธ You can long, short, and use leverage
๐ธ Trades stay aligned with spot price via the funding rate
If longs dominate โ they pay shorts
If shorts dominate โ they pay longs
๐ High risk.
๐ High reward.
๐ Zero expiry.
Top exchanges:
Binance โข Bybit โข OKX โข dYdX โข Deribit
๐ฌ Reply PERPS and Iโll DM you a cheat sheet.
#Bitcoin #CryptoTrading #Perps #CryptoEducation #YourDailyBlockchain #BTC #Leverage
