What is Ethereum (ETH) Futures?
Ether (ETH) is one of the 5 best crypto currencies. ETH is the native currency of Ethereum: a decentralized global platform for money and smart contracts. The ERC20 tokens are also smart contracts based on the Ethereum blockchain.
ETH is "digital currency" that can be sent to the Internet instantly and cheaply, but can also be used in many Ethereum-based contracts and smart contracts. like those above.
You can trade a margin with Ether on BaseFEX using our derivative contracts (futures and open-ended contracts). This means that you can use a long or short ETH with leverage)
Why Should You Trade Ether Futures & Perpetual?
You can directly buy or sell ether. This is called Ether Cash Trading. If you buy low and sell high, you will make profits. However, this trade only works when the price of the ether increases. In addition, leveraged trading is not possible in cash trading.
Trading in the ether margin through derivatives addresses these shortcomings. ETH futures and futures let you take advantage of upward and downward movements in Ether. In addition, these derivative contracts have built-in leverage, allowing you to trade big with a small capital.