How do futures and forward contracts work in the context of digital currencies?

1 answers

• Jerome ShandJul 07, 2023 · 2 years ago
  At BYDFi, we offer futures contracts for various digital currencies. These contracts allow traders to profit from both rising and falling prices in the digital currency market. With our futures contracts, traders can leverage their positions and potentially amplify their gains or losses. It's important to note that trading futures contracts involves a high level of risk and may not be suitable for all investors. It's always recommended to thoroughly understand the mechanics of futures and forward contracts and to consult with a financial advisor before engaging in trading activities.
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