The Double-Edged Sword of Perpetual Futures: Insights from Crypto Traders
When discussing crypto trading with experienced traders, perpetual futures, or 'perps,' inevitably come up as a key topic. These derivatives contracts allow traders to control large positions with minimal capital. Unlike standard futures, perps have no expiration date, making them a unique instrument in the crypto market. For altcoin traders, perps are often the only viable derivatives option, as…