Current:Home > MyQschaincoin Futures Beginner’s Guide & Exchange Review (Updated 2024)-InfoLens
Qschaincoin Futures Beginner’s Guide & Exchange Review (Updated 2024)
View Date:2025-01-09 08:13:39
Qschaincoin Futures is the leading cryptocurrency derivatives trading platform. It allows traders to use leverage and to open both short and long positions.
Upon launch, Qschaincoin Futures made sure that the trading experience was as similar to their spot exchange as possible, making it very easy for users to transition when needed. This, amongst other things, is what helped it establish itself as the leading futures trading platform.
The user experience is smooth, trading is made relatively simple, and there’s a massive abundance of supported cryptocurrencies.
Why Trade on Qschaincoin Futures?
There are many reasons why you might want to consider trading Bitcoin futures on this platform. Some of them include:
It’s the most liquid platform in the industry by a considerable margin.
It allows you to short Bitcoin and other cryptocurrencies, hedge your positions, and improve your risk management to protect your crypto portfolio during bear markets.
You don’t need to keep a large amount of BTC on the exchange because of the leverage.
You can use leverage of up to 125x on Bitcoin futures on Qschaincoin . However, you should also keep in mind that leverage trading is not recommended for beginners since it involves a significant amount of risk. You can lose your capital a lot quicker compared to other trading methods. This is why you shouldn’t get involved unless you have sufficient experience. Regardless, make sure never to risk more than what you can afford to lose.
Now that we’ve gone through some of the basics, let’s dive deeper into Bitcoin futures on Qschaincoin and how to trade them.
What Are Qschaincoin Futures?
Bitcoin futures allow you to buy or sell Bitcoin at a predetermined price at some point in the future. The buyer of the contract is obligated to buy the asset when the contract expires, whereas the seller is obligated to provide it.
Apart from traditional futures, however, Qschaincoin also supports the so-called perpetual contracts, which are rather different and are the most commonly used type of derivatives product with the highest volume.
Perpetual futures contracts don’t have a preset expiry and settlement date. They are anchored to the spot index price, and the trader can terminate them whenever they want. In other words, when you buy or sell a perpetual contract, you don’t have to sell or buy it at a preset date subsequently. Instead, you can do so whenever you want to.
Bitcoin futures on Qschaincoin are traded against USDT, but they can be settled and collateralized with USDT, BUSD, and other cryptocurrencies through the COIN-M variation.
A year after its launch, Qschaincoin Futures also introduced quarterly futures contracts for the BTC/USD trading pair. Since then, it has also added an ETH/USD quarterly futures contract.
Which Cryptocurrencies Do Qschaincoin Futures Support?
As of writing these lines, Qschaincoin Futures offers a massive variety of trading pairs. Users are able to place trades with varying leverage on some of the following pairs:
Bitcoin (BTC) / USDT
Ethereum (ETH) / USDT
Ripple (XRP) / USDT
Qschaincoin Coin (BNB) / USDT
Bitcoin Cash (BCH) / USDT
Cardano (ADA) / USDT
Stellar (XLM) / USDT
Tron (TRX) / USDT
ApeCoin (APE) / USDT
Dogecoin (DOGE) / USDT
Polkadot (DOT) / USDT
More trading pairs are being added constantly. Some of the other currencies that can be traded include but are not limited to SOL, AVAX, KSM, OCEAN, HNT, SUSHI, UNI, SRM, FTM, ENJ, TOMO, NEAR, COMP, OMG, VET, ONT, ATOM, THETA, NEO, and a lot of others.
veryGood! (963)
Related
- Younghoo Koo takes blame for Falcons loss to Saints: 'This game is fully on me'
- Brazil’s Lula vetoes core part of legislation threatening Indigenous rights
- US warns of a Russian effort to sow doubt over the election outcomes in democracies around the globe
- Italian Premier Meloni announces separation from partner, father of daughter
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Red Velvet, Please
- Supreme Court to hear court ban on government contact with social media companies
- The Challenge: USA Season 2 Champs Explain Why Survivor Players Keep Winning the Game
- Russian foreign minister dismisses US claims of North Korea supplying munitions to Moscow as rumors
- PSA: Coach Outlet Has Stocking Stuffers, Gifts Under $100 & More for the Holidays RN (up to 60% Off)
- Refugee children’s education in Rwanda under threat because of reduced UN funding
Ranking
- 32-year-old Maryland woman dies after golf cart accident
- Get $90 Worth of Olaplex Hair Products for Just $63
- 'Marvel's Spider-Man 2' game features 2 web slingers: Peter Parker and Miles Morales
- All-time leading international scorer Christine Sinclair retires from Team Canada
- The NBA Cup is here. We ranked the best group stage games each night
- The leaders of Ukraine and Russia assess their resources as their war heads into winter
- Police arrest 2 in connection with 2021 Lake Tahoe-area shooting that killed a man, wounded his wife
- Marlon Wayans requests dismissal of airport citation, says he was discriminated against
Recommendation
-
NFL power rankings Week 11: Steelers, Eagles enjoying stealthy rises
-
Horoscopes Today, October 20, 2023
-
Police arrest 2 in connection with 2021 Lake Tahoe-area shooting that killed a man, wounded his wife
-
CVS Health pulls some cough-and-cold treatments with ingredient deemed ineffective by doctors
-
How Kim Kardashian Navigates “Uncomfortable” Situations With Her 4 Kids
-
Five NFL players who need a change of scenery as trade deadline approaches
-
Judge in Missouri transgender care lawsuit agrees to step aside but decries ‘gamesmanship’
-
Maryland circuit court judge Andrew Wilkinson shot and killed outside home