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Which futures contracts are considered the easiest to trade in the world of digital currencies?

avatarcheralekserDec 16, 2021 · 3 years ago3 answers

In the world of digital currencies, which futures contracts are considered the easiest to trade? I'm looking for contracts that are beginner-friendly and have high liquidity. Can you recommend any specific futures contracts that fit these criteria?

Which futures contracts are considered the easiest to trade in the world of digital currencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    One of the easiest futures contracts to trade in the world of digital currencies is the Bitcoin futures contract offered by the Chicago Mercantile Exchange (CME). It is highly liquid and widely recognized in the industry. With the CME Bitcoin futures contract, you can easily enter and exit positions, making it suitable for beginners. Additionally, the CME Bitcoin futures contract is regulated, providing a level of security and trust for traders.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to trading futures contracts in the world of digital currencies, the easiest ones are often those that are listed on well-established and reputable exchanges. For example, the Ethereum futures contract on the Chicago Board Options Exchange (CBOE) is considered beginner-friendly due to its high liquidity and the availability of educational resources for traders. Other popular futures contracts for digital currencies include those offered by exchanges like BitMEX and OKEx, which are known for their user-friendly interfaces and comprehensive trading tools.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers a range of futures contracts that are considered easy to trade. Their user-friendly platform and intuitive interface make it accessible for beginners. Additionally, BYDFi provides educational resources and support for traders, helping them navigate the world of futures trading with confidence. Some of the popular futures contracts available on BYDFi include Bitcoin, Ethereum, and Ripple. These contracts offer high liquidity and competitive trading fees, making them suitable for both beginners and experienced traders alike.