The Double-Edged Sword of Perpetual Futures: Insights from Crypto Traders
When discussing crypto trading with experienced traders, the topic of perpetual futures, or 'perps,' often comes up. These derivatives contracts allow traders to control larger positions with less capital, but they also have no expiration date, distinguishing them from standard futures. For traders of alternative cryptocurrencies, perps may be the only viable option for derivatives trading, as da…