What is a Perpetual Contract in Crypto? (Definition + Example)

What is a perpetual contract? As the crypto industry advances, and the number of use cases keep growing, there are also multiple trading tools coming into existence, as well - tools that aim to provide more freedom and variety of choice to traders. Perpetual contracts are one such tool. In this video, I’ll tell you all about what is a perpetual contract in crypto. We’ll talk about the use cases of this tool, the different types of perps that exist, as well as discuss how you can start using them on an exchange platform that specializes in crypto perpetual futures - BYDFi. You can visit the exchange in question here: https://bitdegree.org/crypto/goon/bydfi Have you ever traded crypto perpetuals? If so, was it difficult to get a hang of it? Share your experiences, in the comment section below! 🚀 Hey, we launched an even EASIER & FUN way to learn crypto! Play, earn & learn real-world skills here: https://www.bitdegree.org  Video Time Table: 0:00 Introduction to What is a Perpetual Contract 1:06 Perpetual Contract Explained 6:37 Case Study: BYDFi 10:09 Wrap-up: What is a Perpetual Contract in Crypto? Get Quick Crypto Tips on Twitter - Follow: https://x.com/intent/follow?screen_na... #PerpetualContract #Bydfi #CryptoDerivatives