Beyond Basic Cryptocurrency Trading: HyperPay’s Futures Trading Products
In addition to the basic spot trading products offered by cryptocurrency exchanges, HyperPay has introduced contract trading products to provide diverse investment options.
Futures are derivative products based on digital assets. Investors can profit from price fluctuations by choosing to go long (buy) or go short (sell) based on their predictions of price movements.
Advantages of Futures Trading
1. Risk Hedging: Investors use a series of strategies to reduce or offset potential risks in their trades. These strategies aim to protect investors from market volatility, price fluctuations, or other adverse factors, ensuring that their investments maintain some level of value or profit potential.
2. Increased Capital Efficiency: Futures trading features leverage, allowing traders to amplify their capital by adjusting the leverage ratio of their positions.
3. Diversified Investment Options: Contract trading expands the ways to trade cryptocurrencies, enriching your investment portfolio and helping to reduce investment risks.
Key Features of Futures Trading
1. Long/Short Positions:
- Going Long: Buying futures when predicting a price increase and selling them after some time.
- Going Short: Selling futures when predicting a price decrease and buying them back later.
2. Leverage:Unlike spot trading, the market allows traders to engage in trades exceeding their principal amount. Traders can set leverage levels on their contract positions to amplify their capital for trading.
3. Margin: Users only need to deposit a small amount of funds as a margin, which is a certain percentage of the futures value, to engage in contract trading.