Cryptocurrency Q&A What is bybit USDT perpetual?

What is bybit USDT perpetual?

Sun Jan 12 2025 | 5 answers 945
I want to know about Bybit's USDT perpetual contract. What is it and how does it work? I'm interested in understanding the features and mechanics of this trading product. What is bybit USDT perpetual?

5 answers

Mon Jan 13 2025
USDT perpetual futures contracts represent a unique financial instrument in the cryptocurrency market.

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Mon Jan 13 2025
This feature allows traders to maintain their positions for as long as they wish, providing flexibility in their trading strategies.

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Mon Jan 13 2025
These contracts are settled in Tether USD (USDT), a stablecoin designed to maintain a value equivalent to the U.S. dollar (USD).

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Mon Jan 13 2025
By using USDT as the settlement currency, traders can enjoy the stability of a fiat-pegged asset while participating in the highly volatile cryptocurrency market.

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Mon Jan 13 2025
Cryptocurrency perpetuals, as derivatives, offer a way to trade underlying assets such as Bitcoin (BTC) or Ethereum (ETH) without the constraint of an expiration date.

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