common-close-0
BYDFi
Trade wherever you are!

Why is the futures perpetual funding rate important for cryptocurrency traders and investors?

avatarGross BurtonDec 16, 2021 · 3 years ago1 answers

What is the significance of the futures perpetual funding rate for individuals involved in cryptocurrency trading and investment?

Why is the futures perpetual funding rate important for cryptocurrency traders and investors?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we understand the importance of the futures perpetual funding rate for cryptocurrency traders and investors. The funding rate reflects market sentiment and can provide valuable insights into potential price movements. Traders can use this information to make informed decisions and optimize their trading strategies. By monitoring the funding rate on our platform, traders can stay ahead of market trends and capitalize on profitable opportunities. We are committed to providing a reliable and transparent trading environment for our users, and the futures perpetual funding rate is just one of the many factors we consider in ensuring a fair and efficient trading experience.