The Double-Edged Sword of Perpetual Futures: Insights from Crypto Traders
When discussing crypto trading with experienced traders, perpetual futures, or 'perps,' are often the first topic that comes up. These derivatives contracts allow traders to control large positions with minimal capital, and they have become a staple in the crypto market. Unlike standard futures, perps do not have an expiration date, making them a unique and attractive option for traders. However,…