Current:Home > FinanceQschaincoin Futures Beginner’s Guide & Exchange Review (Updated 2024) -TrueNorth Finance Path
Qschaincoin Futures Beginner’s Guide & Exchange Review (Updated 2024)
View
Date:2025-04-15 23:02:20
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! (69)
Related
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- MBA 7: Negotiating and the empathetic nibble
- Obamas' beloved chef died of accidental drowning, autopsy confirms
- Recalled products linked to infant deaths still sold on Facebook, despite thousands of take down requests, lawmakers say
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Russian mercenary boss Yevgeny Prigozhin challenged the Kremlin in a brief mutiny
- Ambulance dispatcher dies after being shot in parking lot over weekend; estranged husband in custody
- Couple spent nearly $550 each for Fyre Festival 2 tickets: If anything, it'll just be a really cool vacation
- What do we know about the mysterious drones reported flying over New Jersey?
- Why Priscilla Presley Knew Something Was Not Right With Lisa Marie in Final Days Before Death
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Rare clouded leopard kitten born at OKC Zoo: Meet the endangered baby who's 'eating, sleeping and growing'
- Couple spent nearly $550 each for Fyre Festival 2 tickets: If anything, it'll just be a really cool vacation
- As Ralph Yarl begins his senior year of high school, the man who shot him faces a court hearing
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Colorado man accused of killing 10 at supermarket in 2021 is competent for trial, prosecutors say
- American Airlines is suing Skiplagged, which helps customers book cheaper flights using a loophole
- Vivek Ramaswamy takes center stage, plus other key moments from first Republican debate
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Correction: Oregon-Marijuana story
Mother of Army private in North Korea tells AP that her son ‘has so many reasons to come home’
Serena Williams welcomes second daughter, Adira River: My beautiful angel
All That You Wanted to Know About She’s All That
Vanessa Bryant Sends Message to Late Husband Kobe Bryant on What Would've Been His 45th Birthday
Yankees match longest losing streak since 1982 with ninth straight setback
Fit for Tony Stark: Powerball winner’s California mansion once listed at $88 million