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BTCC / Hashtag / perp futures chart
#bitcoin #pump token price analysis #buildon coin
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What are perpetual futures & how do they work?

Perpetual futures are derivative contracts without an expiration date, allowing traders to speculate on asset prices indefinitely. Perpetual futures are particularly popular among traders in the cryptocurrency market. The funding rate mechanism helps keep perpetual futures prices close to the spot price of the underlying asset.

How much is perpetual protocol (perp) worth?

The price of Perpetual Protocol (PERP) is $0.652006 today with a 24-hour trading volume of $10,120,867.20. This represents a -5.05% price decline in the last 24 hours and a 6.21% price increase in the past 7 days. With a circulating supply of 73 Million PERP, Perpetual Protocol is valued at a market cap of $47,424,549 . What is Perpetual Protocol?

What is perp (perp)?

PERP is an Ethereum token that powers Perpetual Protocol, a decentralized exchange for perpetual contracts. Using perpetual contracts, users can open leveraged long or short trading positions for a variety of assets. What Is Perpetual Protocol (PERP)?

What is a futures contract?

A futures contract is an agreement to buy or sell a commodity, currency, or another instrument at a predetermined price at a specified time in the future. Unlike a traditional spot market, in a futures market, the trades are not ‘settled’ instantly. Instead, two counterparties will trade a contract, that defines the settlement at a future date.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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