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 larger positions with less capital, and unlike standard futures, they have no expiration date. For traders of alternative cryptocurrencies, perps are often the only viable option for derivatives trading, as dated futu…