Perpetual futures, also known as perpetual swaps or “perpetuals,” are a type of derivative contract that allows traders to speculate on the future price of an asset without an expiration date. Unlike traditional futures contracts, which have a set expiry date, perpetual futures can be held indefinitely.
1. What is the BingX Standard Futures Bonus? Our Standard Futures Bonus lets users try out real futures trading without any risk. Profits are yours, but if things don't go your way, BingX covers your losses! The bonus is subject to leverage restrictions and will be automatically closed after 24 hours of use.
Comments Section Not sure what a perpetual is but an option gives you the option but not the obligation to buy or sell something at a certain price on a certain date. A future is a contract. Futures don't suffer from time decay like options. Futures aren't for specific stocks, instead commodities or indexes.
Options may be risky, but futures can be riskier still for the individual investor. Futures contracts obligate both the buyer and the seller. Futures positions are marked to market daily, and, as the underlying instrument's price moves, the buyer or seller may have to provide additional margin.
However, there are some key differences between standard futures contracts and perpetual futures contracts that traders should understand. Because perpetuals do not have an expiration date and instead have an hourly auto-rollover feature, traders can keep their positions open indefinitely.
BingX Fees
The fee structure for trading varies across different products on the BingX platform. For spot trading, BingX keeps it simple with a 0.1% maker/taker fee. For perpetual futures, the maker fee is set at 0.0200%, while the taker fee is slightly higher at 0.0500%.
BingX is a centralized cryptocurrency exchange established in 2018 and registered in British Virgin Islands. The daily trade volume for BingX is $281,148,913, but is BingX safe? BingX security rating Is BBB with 76% security score.
24-hour withdrawal limit: 50,000 USDT. Cumulative withdrawal limit: 100,000 USDT. Withdrawal limits are subject to both the 24-hour limit and the cumulative limit.
BingX makes it easy to find and copy successful traders, with a user-friendly interface and detailed information on each trader's trading history and performance. This allows users to make informed decisions about which traders to copy, based on factors such as profitability and risk management strategies.
Security of funds and know-your-customer (KYC) policies are also critically important aspects of being a regulated MSB. For its US users, BingX has implemented robust KYC procedures including photo ID verification.
Tiered system: Without completing KYC, users face a 24-hour withdrawal limit of 20,000 USDT and cannot access P2P trading or participate in the launchpad. BingX offers a wide range of features including copy trading, cryptocurrency swaps, derivatives trading, and the use of trading bots.
A perpetual futures contract is a type of financial derivative that allows traders to speculate on the future price of a cryptocurrency. It is similar to a regular futures contract, except that it does not have an expiration date.
Metal Futures: These contracts trade in industrial metals, such as gold, steel, and copper. Currency Futures: These contracts provide exposure to changes in the exchange rates and interest rates of different national currencies. Financial Futures: Contracts that trade in the future value of a security or index.
While perpetual futures are not explicitly illegal in the US, they lack regulatory clarity, and many exchanges restrict US customers' access to markets because of this. Centralized exchanges, for instance, only allow perpetual futures trading for non-US customers in select jurisdictions.
Company Overview. Co-founded in 2018 by Josh Lu, BingX has its headquarters in various strategic locations such as Canada, the European Union, and Australia. The platform has expanded its presence to more than 100 countries, accumulating over 5 million users worldwide.
Know Your Customer Verification: The KYC verification process is optional on BingX. In fact, there's little difference between what verified and unverified users can do on the platform. The main difference is the withdrawal limits and discounts on trading fees.
If standard futures is your choice, there's a flat rate of 0.0450%. When it comes to depositing funds, BingX keeps it simple with no deposit fees.
About BingX Cryptocurrency Social Trading Network. Founded in 2018, BingX is a leading cryptocurrency exchange, serving over 10 million users worldwide.
But with the physical settlement, if you don't close or rollover your position till expiry, you are required to pay the total contract and you will receive the delivery of shares to your Demat account.
Most futures markets are open nearly 24 hours per day, from Sunday evening until Friday afternoon, but some futures products have unique trading hours. But keep in mind that each product has its own unique trading hours.
Perpetual futures are contracts without expiration date in which the anchoring of the futures price to the spot price is ensured by periodic funding payments from long to short.