#Coin On Launches ETH 1-75 Times BTC Perpetual Forward Contract

04/25/2023 09:13 • NFT Newsflash • 128 views

On April 25th, according to official announcement, Coin On will launch ETH 1-75 times BTC perpetual forward contract at 20:00 on April 26th. The contract uses ETH as the underlying asset and BTC as the settlement asset, which means the contract uses BTC to settle the asset and calculate the face value, and can provide up to 75 times leverage.

Coin An Online ETH1-75 Times BTC Perpetual Forward Contract

On April 25th, Coin On announced that they would be launching an ETH 1-75 times BTC perpetual forward contract on April 26th at 20:00. The contract uses ETH as the underlying asset and BTC as the settlement asset. This means that BTC is used to settle the asset and calculate the face value, and it can provide up to 75 times leverage.
##The Basics of Perpetual Forward Contracts
Before we dive into the details of the ETH 1-75 times BTC perpetual forward contract, we must first understand the basics of perpetual forward contracts. A perpetual forward contract is a type of derivative financial instrument that allows traders to speculate on the price of an asset without actually owning it. The contract has no expiration date or settlement date, and it is settled daily.
The price of the contract is determined by the spot price of the underlying asset and the interest rate. If the price of the underlying asset rises, the price of the contract also rises, and vice versa. Traders can use leverage to amplify their gains, which means that they can earn higher profits or incur higher losses.
##The ETH 1-75 Times BTC Perpetual Forward Contract
Coin On’s ETH 1-75 times BTC perpetual forward contract is the latest addition to their derivatives offerings. The contract uses ETH as the underlying asset and BTC as the settlement asset. Traders can buy or sell the contract at any time, and it is settled daily. The contract has a leverage of up to 75 times, which means that traders can amplify their gains or losses by 75 times.
The price of the contract is derived from the spot price of ETH and the price of BTC. The formula for calculating the price is as follows:
Price of Contract = Spot Price of ETH * 1/75 * Spot Price of BTC
Traders can buy the contract if they believe that the price of ETH will rise relative to BTC, and they can sell the contract if they believe that the price of ETH will fall relative to BTC. If the price of ETH rises, the price of the contract also rises, and traders make a profit. Conversely, if the price of ETH falls, the price of the contract falls, and traders make a loss.
##Benefits of the ETH 1-75 Times BTC Perpetual Forward Contract
The ETH 1-75 times BTC perpetual forward contract offers several benefits to traders. Firstly, it allows traders to speculate on the price of ETH without actually owning it. This means that investors can profit from the price movements of ETH without taking on the risks associated with owning the asset.
Secondly, the contract has a leverage of up to 75 times, which means that traders can amplify their gains or losses by 75 times. This can lead to higher profits, but it also comes with higher risks. Traders must be cautious when using leverage and must have a sound risk management strategy in place.
Finally, the contract is settled daily, which means that traders can exit their positions at any time. This provides flexibility and allows traders to react quickly to market movements.
##Conclusion
Coin On’s ETH 1-75 times BTC perpetual forward contract is a new addition to the world of derivatives trading. The contract offers several benefits to traders, including the ability to speculate on the price of ETH without actually owning it, a leverage of up to 75 times, and daily settlement. However, traders must be cautious when using leverage and must have a sound risk management strategy in place.
##FAQs
Q1. What is a perpetual forward contract?
A1. A perpetual forward contract is a type of derivative financial instrument that allows traders to speculate on the price of an asset without actually owning it. The contract has no expiration date or settlement date, and it is settled daily.
Q2. What is the leverage of the ETH 1-75 times BTC perpetual forward contract?
A2. The leverage of the ETH 1-75 times BTC perpetual forward contract is up to 75 times.
Q3. What is the settlement asset of the ETH 1-75 times BTC perpetual forward contract?
A3. The settlement asset of the ETH 1-75 times BTC perpetual forward contract is BTC.
##Keywords
Perpetual Forward Contract, Derivatives Trading, ETH, BTC, Leverage, Risk Management.

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