Current:Home > MyQschaincoin Futures Beginner’s Guide & Exchange Review (Updated 2024)-InfoLens
Qschaincoin Futures Beginner’s Guide & Exchange Review (Updated 2024)
View Date:2024-12-23 16:35:11
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! (5)
Related
- Why Dolly Parton Is a Fan of Taylor Swift and Travis Kelce's Little Love Affair
- Key witness who says he bribed Bob Menendez continues testifying in New Jersey senator's trial
- The only surviving victim of a metal pipe attack in Iowa has died, authorities say
- Naomi Campbell Confirms Her 2 Children Were Welcomed via Surrogate
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Good Try (Freestyle)
- The Rev. James Lawson Jr. has died at 95, civil rights leader’s family says
- King and queen of the Netherlands pay tribute to MLK during visit to Atlanta
- Sarah Paulson on why Tony nomination for her role in the play Appropriate feels meaningful
- The Army’s answer to a lack of recruits is a prep course to boost low scores. It’s working
- Florida man pleads not guilty to kidnapping his estranged wife from her apartment in Spain
Ranking
- After Baltimore mass shooting, neighborhood goes full year with no homicides
- Josh Hartnett Shares Rare Glimpse Into Family Life After Return to Hollywood
- Suspect in 2022 Sacramento mass shooting found dead in jail cell, attorney says
- Sarah Paulson on why Tony nomination for her role in the play Appropriate feels meaningful
- RHOP's Candiace Dillard Bassett Gives Birth, Shares First Photos of Baby Boy
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Breaking the Rules
- Judge denies bid to dismiss certain counts in Trump classified documents indictment
- Teton Pass shut down in Wyoming after 'catastrophic' landslide caused it to collapse
Recommendation
-
Taylor Swift Becomes Auntie Tay In Sweet Photo With Fellow Chiefs WAG Chariah Gordon's Daughter
-
AI-generated emojis? Here are some rumors about what Apple will announce at WWDC 2024
-
Nvidia 10-for-1 stock split goes into effect after stock price for the chipmaker doubled this year
-
Bail set at $5M for woman accused of fatally stabbing 3-year-old outside an Ohio supermarket
-
Mississippi man charged with shooting 5 people after not being allowed into party
-
Teresa Giudice Breaks Silence on Real Housewives of New Jersey's Canceled Season 14 Reunion
-
Apple's WWDC 2024 kicks off June 10. Here's start time, how to watch and what to expect.
-
How Jason Kelce's Family Has Been Affected by Taylor Swift and Travis Kelce’s “Crazy” Fame