How do crypto swaps work?
Could you elaborate on the mechanics of crypto swaps? Specifically, how do they facilitate the exchange of digital assets without the involvement of a centralized intermediary? What are the key steps in the swap process, and how are the transactions secured? Are there any limitations or risks associated with using crypto swaps? Understanding these aspects will help me gain a deeper insight into the workings of this emerging financial technology.
What are derivatives in crypto swaps?
Could you please elaborate on the concept of derivatives in the realm of crypto swaps? I'm curious to understand how they operate within this specific financial instrument. Could you explain the basic principles behind derivatives in crypto swaps and how they differ from traditional derivatives? Also, how do these derivatives impact the overall cryptocurrency market and trading strategies? I'm interested in gaining a deeper understanding of this topic.