What is the point of crypto futures?
Could you elaborate on the significance of crypto futures? I've heard of them, but I'm not entirely sure what their primary purpose is. Do they offer investors a way to hedge against market volatility? Or is it more about speculating on future price movements? How do crypto futures fit into the larger cryptocurrency and finance ecosystem? I'm particularly interested in understanding the risks involved and how they might differ from traditional financial futures. Could you provide a concise yet comprehensive overview of the concept and its applications?
How do crypto futures work?
Could you please explain how crypto futures operate? I'm quite curious about this topic and would like to understand the mechanics behind it. How do traders use futures contracts to speculate on the future prices of cryptocurrencies? Are there any specific risks involved in trading crypto futures? Also, how do exchanges facilitate these transactions and ensure their legitimacy? I'm eager to learn more about this fascinating aspect of the cryptocurrency world.