What is Crypto Futures?
Similarly to stock indices and commodities, a contract to buy or sell a specific cryptocurrency is referred to as a crypto futures contract. However, a crypto futures contract is not a real asset. The trader simply places a bet on the price of the asset to be traded. In other words, traders who go long or short in this transaction agree to buy or sell an asset on a particular date. Once the date arrives, they settle for the amount they have invested. The key to successful crypto futures trading is to have an account in a reputable exchange and…