Cryptocurrency Q&A What is a derivative in layman's terms?

What is a derivative in layman's terms?

TimeRippleOcean TimeRippleOcean Sat Sep 28 2024 | 0 answers 0
Hey there, I'm curious about something. Can you explain what a derivative is in simple terms that even a non-expert like me can understand? I've heard the term used in finance and cryptocurrency, but it seems pretty complex. Any way you can break it down for me? Thanks in advance! What is a derivative in layman's terms?

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