What is Perpetual Contract?
Traditional futures contract is an agreement to buy or sell a currency, commodity or other instrument at a predeterined price at a specified time in the future.
Perpetual contracts, also known as perpetual swap, is an innovative derivatives product that similar to the traditional futures trading. However, unlike the traditional form of futures, it has no expiry date. In other words, traders can hold a position for as long as they like if it hasn't yet being forced liquidated.
Features of Perpetual Contract
No Expiry Date & Settlement
Different from spot trading requiring immediate settlement and futures contracts having settlement on a specified date, perpetual contract do not have an expiration.
Mark to Market
Bexplus's perpetual contract' price is marked to the spot market of 5 top exchanges including Binance, Poloniex, Bitfinex, Huobi and ZB, preventing unfair liquidations that may happen when the market is highly volatile.
Long & Short
Investors can either go long (buy/up) or go short (sell/down) BTC, ETH, LTC, EOS, XRP and etc. No matter the market is rising or falling are profitable.
Traders can enter positions that are larger than their account balance with a leverage that goes up to 100x. Get bigger gains with lower capital invested in.
Stop Profit & Loss
Stop loss and take profits are auto-trading strategies. With it, traders can close the positions when the market reaches the preset trigger price so as to guarantee profis and reduct loss.