I recently encountered a term called 'perp' in the cryptocurrency context, and I'm wondering what coin it refers to. Is it a new digital currency or a specific token with unique features? I'd like to know more about its background and use cases.
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of traders. Its offerings include spot trading, futures trading, and a secure wallet.
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DanielaWed Oct 30 2024
PERP is an Ethereum token that serves as the backbone of Perpetual Protocol.
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IncheonBeautyBloomingRadianceWed Oct 30 2024
Perpetual Protocol is a decentralized exchange specifically designed for perpetual contracts.
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GeishaEleganceWed Oct 30 2024
These perpetual contracts allow users to engage in Leveraged trading, providing them with the opportunity to amplify their gains.
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CryptoMysticWed Oct 30 2024
Users can open long positions to bet on the appreciation of an asset, or short positions to profit from its decline.