Perpetual Contract: A type of Futures Contract which doesn’t have an expiration date or settlement.
Unlike contracts on the traditional Spot Market, which are traded at a specific time at the specific price, in Futures, two parties enter a contract betting on the future price of an asset with a settlement. Perpetual Contract is a type of Futures Contract that doesn’t have an expiration date or settlement. BTCMEX offers Bitcoin Perpetual Contracts, which allows traders to keep their positions open for as long as they want.
One of the advantages of crypto derivatives trading is you can open both Long and Short positions on the exchange.
Let’s see how the contracts work on the Exchange. For example, you purchase a Perpetual Contract for the BTC/USD pair. If you Long (buy) and the Bitcoin price rises, you make a profit at the end of the contract, while you would suffer a loss if the price drops. On the contrary, if you Short (sell) and the BTC price falls in value, you would make a profit but would suffer a loss if the price rises.
BTCMEX.com is currently offering Bitcoin Perpetual Contracts with up to 100x Leverage, a speed of 100,000 TPS, hundreds of APIs, diverse Order Types, and 24/7 localized live multilingual Customer Support.
In crypto Margin trading, Leverage is an important feature and the main profit-making instruments used while trading Bitcoin Perpetual Contracts. Learn everything about Leverage and Margin trading in the BTCMEX official Trading Guide.
BTCMEX Perpetual Contract Details
Perpetual Contract Trading Fees
The Trading fee of BTCMEX Perpetual Contract products is divided into two directions: Maker and Taker. The “Maker” provides market Added Liquidity and the “Taker” provides market Removed Liquidity.
The Initial Maker Fee: -0.025%, pays for Added Liquidity
The Initial Taker Fee: 0.075%, pays for Removed Liquidity
The trading fee is charged based on the position value, irrespective of the Leverage.
BTCMEX has a flexible fee system!
BTCMEX Trading Codex - the most accurate definitions of Cryptocurrency Trading Terms