Current:Home > reviewsQschaincoin Futures Beginner’s Guide & Exchange Review (Updated 2024) -ProgressCapital
Qschaincoin Futures Beginner’s Guide & Exchange Review (Updated 2024)
View
Date:2025-04-16 15:35:36
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! (45821)
Related
- Connie Chiume, Black Panther Actress, Dead at 72: Lupita Nyong'o and More Pay Tribute
- Coach John Harbaugh launches family legacy project: `It’s about my dad,’ Jim Harbaugh said
- I’m an Editor Who Loves Bright, Citrus Scents and These Perfumes Smell Like Sunshine
- Who will win NBA Eastern and Western conference finals? Schedule, time, TV and predictions
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Phillies star Bryce Harper helps New Jersey teen score date to prom
- Max the cat receives honorary doctorate in 'litter-ature’ from Vermont university
- Congo's army says 3 Americans among those behind coup attempt that was nipped in the bud
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Google all in on AI and Gemini: How it will affect your Google searches
Ranking
- 'Most Whopper
- Georgia’s auto port has its busiest month ever after taking 9,000 imports diverted from Baltimore
- Kentucky congressman expects no voter fallout for his role in attempt to oust House speaker
- Memorial Day weekend 2024 could break travel records. Here's what to know.
- Residents in Alaska capital clean up swamped homes after an ice dam burst and unleashed a flood
- Former Arizona GOP chair Kelli Ward and others set to be arraigned in fake elector case
- Report says home affordability in Hawaii is ‘as bad as it’s ever been’
- Georgia’s auto port has its busiest month ever after taking 9,000 imports diverted from Baltimore
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
North Carolina bill seeks to restrict public and media access to criminal autopsy reports
Is Graceland in foreclosure? What to know about Riley Keough's lawsuit to prevent Elvis' house sale
Parole delayed for former LA police detective convicted of killing her ex-boyfriend’s wife in 1986
Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
Save 50% on Thousands of Target Items, 70% on Kate Spade, 70% on Gap, 60% on J.Crew & Memorial Day Deals
OpenAI disables ChatGPT voice that sounds like Scarlett Johansson
Who will win NBA Eastern and Western conference finals? Schedule, time, TV and predictions