As the cryptocurrency market matures, advanced trading instruments like perpetual swap contracts are increasingly influencing the value of altcoins, according to BitMEX CEO Stephan Lutz. Perpetual swap contracts are a type of crypto trading contract that lets traders bet on the price of a coin without actually owning it. The derivatives product functions similarly to a futures contract. However, it never expires, which means that traders can hold the position as long as they want
source: https://cointelegraph.com/news/perpetual-swap-contracts-altcoin-value-bitmex-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound