June 27, 2020 12:51 am

Dash Futures Explained – What are DASH Futures and How They Work

A Dash futures contract is an agreement to buy or sell a specific quantity of Dash (DASH) at a predetermined price at a specified time in the future.

Dash futures markets provides two very important features to cryptocurrency traders:

  1. Buying DASH futures allow traders to control more Dash tokens through the use of leverage (10x to 50x not uncommon)
  2. Selling DASH futures allow traders to profit from a fall in DASH price

As Dash futures contracts traded on most cryptocurrency exchanges today do not have expiry dates, they are also called Dash perpetual futures or Dash perpetual swaps.

Buying DASH Futures (or Long DASH Futures)

You buy DASH futures if you wish to profit from a rise in the price of Dash in the near future. This trading strategy is also known as opening a long DASH futures position

At 10x leverage, buying a………..


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Author: CoinGuru
Original link: https://coin.guru/pages/dash-futures-explained-what-are-dash-futures-and-how-they-work

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tungfa is responsible for social media communications, and posts both original stories and links to news coverage of Dash from around the web.