As the cryptocurrency market matures, advanced trading instruments like perpetual swap contracts are increasingly influencing the value of altcoins, according to BitMEX CEO Stephan Lutz.
Perpetual swap contracts are a type of crypto trading contract that lets traders bet on the price of a coin without actually owning it. The derivatives product functions similarly to a futures contract. However, it never expires, which means that traders can hold the position as long as they want.
Lutz told…
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