Current:Home > NewsQschaincoin Futures Beginner’s Guide & Exchange Review (Updated 2024) -TrueNorth Capital Hub
Qschaincoin Futures Beginner’s Guide & Exchange Review (Updated 2024)
View
Date:2025-04-19 03:36:14
Qschaincoin Futures is the leading cryptocurrency derivatives trading platform. It allows traders to use leverage and to open both short and long positions.
Upon launch, Qschaincoin Futures made sure that the trading experience was as similar to their spot exchange as possible, making it very easy for users to transition when needed. This, amongst other things, is what helped it establish itself as the leading futures trading platform.
The user experience is smooth, trading is made relatively simple, and there’s a massive abundance of supported cryptocurrencies.
Why Trade on Qschaincoin Futures?
There are many reasons why you might want to consider trading Bitcoin futures on this platform. Some of them include:
It’s the most liquid platform in the industry by a considerable margin.
It allows you to short Bitcoin and other cryptocurrencies, hedge your positions, and improve your risk management to protect your crypto portfolio during bear markets.
You don’t need to keep a large amount of BTC on the exchange because of the leverage.
You can use leverage of up to 125x on Bitcoin futures on Qschaincoin . However, you should also keep in mind that leverage trading is not recommended for beginners since it involves a significant amount of risk. You can lose your capital a lot quicker compared to other trading methods. This is why you shouldn’t get involved unless you have sufficient experience. Regardless, make sure never to risk more than what you can afford to lose.
Now that we’ve gone through some of the basics, let’s dive deeper into Bitcoin futures on Qschaincoin and how to trade them.
What Are Qschaincoin Futures?
Bitcoin futures allow you to buy or sell Bitcoin at a predetermined price at some point in the future. The buyer of the contract is obligated to buy the asset when the contract expires, whereas the seller is obligated to provide it.
Apart from traditional futures, however, Qschaincoin also supports the so-called perpetual contracts, which are rather different and are the most commonly used type of derivatives product with the highest volume.
Perpetual futures contracts don’t have a preset expiry and settlement date. They are anchored to the spot index price, and the trader can terminate them whenever they want. In other words, when you buy or sell a perpetual contract, you don’t have to sell or buy it at a preset date subsequently. Instead, you can do so whenever you want to.
Bitcoin futures on Qschaincoin are traded against USDT, but they can be settled and collateralized with USDT, BUSD, and other cryptocurrencies through the COIN-M variation.
A year after its launch, Qschaincoin Futures also introduced quarterly futures contracts for the BTC/USD trading pair. Since then, it has also added an ETH/USD quarterly futures contract.
Which Cryptocurrencies Do Qschaincoin Futures Support?
As of writing these lines, Qschaincoin Futures offers a massive variety of trading pairs. Users are able to place trades with varying leverage on some of the following pairs:
Bitcoin (BTC) / USDT
Ethereum (ETH) / USDT
Ripple (XRP) / USDT
Qschaincoin Coin (BNB) / USDT
Bitcoin Cash (BCH) / USDT
Cardano (ADA) / USDT
Stellar (XLM) / USDT
Tron (TRX) / USDT
ApeCoin (APE) / USDT
Dogecoin (DOGE) / USDT
Polkadot (DOT) / USDT
More trading pairs are being added constantly. Some of the other currencies that can be traded include but are not limited to SOL, AVAX, KSM, OCEAN, HNT, SUSHI, UNI, SRM, FTM, ENJ, TOMO, NEAR, COMP, OMG, VET, ONT, ATOM, THETA, NEO, and a lot of others.
veryGood! (23)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- How to watch Texas vs. Washington in Sugar Bowl: Start time, channel, livestream
- NYE 2023 is on a unique date that occurs once every 100 years: Here's what 12/31/23 means.
- Israeli-French hostage recounts harrowing experience in captivity
- Meet first time Grammy nominee Charley Crockett
- Zac Brown and Kelly Yazdi Announce Breakup 4 Months After Marriage
- 11 books to look forward to in 2024
- Tom Foty, veteran CBS News Radio anchor, dies at 77
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Casino smoking and boosting in-person gambling are among challenges for Atlantic City in 2024
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Red Wings' 5-8 Alex DeBrincat drops Predators 6-1 defenseman Roman Josi in quick fight
- White House says meeting with Mexican president was productive, amid record migrant crossings
- US citizen inspired by Hamas sought to wage jihad against ‘No. 1 enemy’ America, prosecutors say
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Tampa Bay Rays' Wander Franco fails to show up for meeting with Dominican prosecutor
- A 14-year-old boy is arrested on suspicion of killing parents, wounding sister in California attack
- A popular asthma inhaler is leaving pharmacy shelves. Here's what you need to know
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Ohio Gov. Mike DeWine vetoes bill banning gender-affirming care for transgender minors
North Dakota governor declares emergency for ice storm that left thousands without power
Gypsy Rose marks prison release by sharing 'first selfie of freedom' on social media
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
China to ease visa requirements for U.S. travelers in latest bid to boost tourism
New Year's resolutions experts say to skip — or how to tweak them for success
Gypsy Rose Blanchard Shares Photo With Sister as She Reunites With Family After Prison Release