Futures are financial contracts that obligate the buyer to purchase, and the seller to sell, an underlying asset at a predetermined future date and price. In the cryptocurrency space, futures trading allows investors to speculate on the future price movements of digital assets like Bitcoin or Ethereum. Futures can provide opportunities for both profit and risk management, as traders can lock in prices to hedge against market volatility or speculate on price trends.
Cryptocurrency futures are popular among traders because they allow them to leverage positions, meaning they can control larger amounts of an asset with a smaller upfront investment. However, futures trading also comes with significant risks, as traders can face large losses if the market moves against their positions.
Get the Plena Super App, and start investing in 100,000+ cryptocurrencies starting with just $1
.webp)
Plena Finance offers users access to a variety of decentralized financial tools, enabling them to engage in trading and risk management activities like futures. While Plena focuses on decentralized and secure asset management, it also provides users with real-time data and analytics to stay informed about market conditions, helping them make better-informed trading decisions.
%201.svg)
