What does it mean to trade futures?

F

Fidelia

Notable

Member

Oct 28, 2023

2,383

36

Dex

$0.010

Raw Dex

$0.303

• Jun 3, 2024

• #1

I have been hearing people talking about trading futures in crypto and I also see something like that on Binance. What does futures trading mean when it comes to crypto trading?

 

B

Bisolami

Very Familiar

Member

Sep 19, 2022

17,833

1,538

Dex

$0.000

Raw Dex

$0.078

• Jun 3, 2024

• #2

Fidelia said:

I have been hearing people talking about trading futures in crypto and I also see something like that on Binance. What does futures trading mean when it comes to crypto trading?

Click to expand...

It simply means that you have an idea of what the next price is likely to be or you know if the market will pump or dump

 

S

Stardom22

Very Familiar

Member

Sep 1, 2022

13,237

565

Dex

$4.300

Raw Dex

$0.417

• Jun 5, 2024

• #3

Trading of the future is all about investing in the crypto depending on the movement of the crypto prices in the future.

 

R

Ratine

Notable

Member

Sep 5, 2022

3,915

48

Dex

$3.000

Raw Dex

$1.075

• Jun 6, 2024

• #4

I think it's the ability to trade depending on the forecast on the movement of the cryptocurrency price.

 

Niyi Briggs

Well Known

Member

Nov 27, 2022

7,825

318

Dex

$0.000

Raw Dex

$0.100

• Jun 8, 2024

• #5

It is a situation where you enter a speculative contract with a person to trade within a particular future timeframe, hoping that the asset gets to trade at your predicted price.

 

nomad

Very Familiar

Member

Jun 22, 2022

10,941

512

Dex

$0.010

Raw Dex

$0.400

• Jun 9, 2024

• #6

When you trade future, you are basically trading for assumed price. You expect the assets to have a certain price and you put your assets for trading for that speculative price.

 

R

Rubz

Notable

Member

Sep 12, 2022

1,612

15

Dex

$0.000

Raw Dex

$0.008

• Aug 21, 2024

• #7

I think trading futures in crypto trading means agreeing to buy or sell a crypto currency at a set price on a specific date in the future. It's like making a bet on the future price of a crypto currency.

 

N

Nite

Notable

Member

Nov 13, 2023

1,276

36

Dex

$6.052

Raw Dex

$0.280

• Sep 7, 2024

• #8

Futures trading allows traders to use a small amount of money to control bigger investments. While this can lead to big profits, it also means there's a higher chance of losing more than what was originally put in.

 

P

Passiveearner

Notable

Member

Dec 28, 2022

3,328

206

Dex

$0.000

Raw Dex

$6.252

• Sep 7, 2024

• #9

Future trading basically mean that you form a contract with the other party. This contracts includes trading commodities at a specific fixed rate regardless if the price of the commodity in the "future". This type of trading involves earning interest and this is why I would avoid it.

 

N

Nite

Notable

Member

Nov 13, 2023

1,276

36

Dex

$6.052

Raw Dex

$0.280

• Sep 9, 2024

• #10

Future trading in crypto also comes with risks , including market volatility and regulatory uncertainty.

 

Starmix

Popular

Member

Sep 2, 2022

30,156

3,698

Dex

$4.100

Raw Dex

$0.902

• Sep 12, 2024

• #11

You will only trade when the price of what to trade is reduced drastically that you'll get inspired to start.

 

P

Passiveearner

Notable

Member

Dec 28, 2022

3,328

206

Dex

$0.000

Raw Dex

$6.252

• Sep 12, 2024

• #12

Future trading involves Riba, which is Haram. This is why I would never invest in future trading. I prefer spot trading and other kinds of trading options.