What is Ethereum (ETH) Futures?
Ether (ETH) is one of the five best cryptocurrencies. 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 Ethereum. This is called Ethereum Spot Trading. If you buy low and sell high, you will make profits. However, this trade only works when the price of the Ethereum increases. Also, leveraged trading is not possible in spot trading.
Margin trading in the Ethereum through derivatives addresses these shortcomings. ETH futures and perpetual contracts let you take advantage of upward and downward movements in Ethereum. Also, these derivative contracts have built-in leverage, allowing you to trade big with small capital.
What Can BaseFEX Offer You in ETH Futures trading?
BaseFEX is the only crypto derivatives exchange that puts traders first. We offer the world’s lowest trading fees, highest verified security, 24/7 live support and up to 100x leverage – all without any KYC. You can trade BTC, ETH, XRP, BCH, LTC, EOS and BNB futures with perpetual contracts.