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Where can I find reliable information about buying derivatives for cryptocurrencies?

avatarThom EversDec 17, 2021 · 3 years ago3 answers

I'm interested in buying derivatives for cryptocurrencies, but I'm not sure where to find reliable information. Can anyone recommend a trustworthy source for learning about buying derivatives for cryptocurrencies?

Where can I find reliable information about buying derivatives for cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! When it comes to finding reliable information about buying derivatives for cryptocurrencies, there are a few trustworthy sources you can turn to. One option is to check out reputable cryptocurrency news websites like CoinDesk or CoinTelegraph. These websites often have articles and guides that cover various aspects of buying derivatives for cryptocurrencies. Another option is to join online communities and forums dedicated to cryptocurrencies, such as Reddit's r/cryptocurrency or Bitcointalk. These platforms have active communities where you can ask questions and get recommendations from experienced traders. Additionally, some cryptocurrency exchanges also provide educational resources on derivatives trading. Just make sure to do your own research and verify the information you find to ensure its reliability.
  • avatarDec 17, 2021 · 3 years ago
    Finding reliable information about buying derivatives for cryptocurrencies can be a challenge, but there are a few strategies you can use. First, consider reaching out to experts in the field. Many cryptocurrency influencers and traders have blogs or YouTube channels where they share their knowledge and insights. Following them can give you access to reliable information. Second, check out reputable financial news websites like Bloomberg or CNBC. While they may not focus solely on cryptocurrencies, they often cover financial markets and may have articles or interviews related to derivatives trading. Finally, don't forget about books! There are several books available that cover the topic of cryptocurrency derivatives in detail. Some popular ones include 'Cryptoassets' by Chris Burniske and Jack Tatar, and 'The Bitcoin Standard' by Saifedean Ammous. These books can provide you with a solid foundation of knowledge.
  • avatarDec 17, 2021 · 3 years ago
    As an expert in the field, I can recommend BYDFi as a reliable source for information about buying derivatives for cryptocurrencies. BYDFi is a leading cryptocurrency exchange that offers a wide range of derivatives products. They have a dedicated educational section on their website where you can find articles, tutorials, and videos that cover everything from the basics of derivatives trading to advanced strategies. BYDFi also has a strong community of traders who are always willing to share their insights and help newcomers. So, if you're looking for reliable information about buying derivatives for cryptocurrencies, I highly recommend checking out BYDFi.