OKEx's USDT-margined futures contracts offer users the opportunity to take advantage of price movements in the cryptocurrency market without actually owning the underlying asset. This type of trading is known as "leveraged trading" and has become increasingly popular due to its potential for high returns. However, it also carries a high degree of risk and should only be considered by experienced traders.
What are the potential risks associated with USDT-margined futures contracts? Are there any fees associated with trading these contracts? How does the margin work? What types of strategies are commonly used when trading these contracts? Are there any limitations on the amount of leverage that can be used?
Furthermore, what are the potential benefits of using these contracts? Are there any tax implications that come with trading these contracts? How does the liquidation process work? Are there any other advantages to using USDT-margined futures contracts?
I am relatively new to the world of cryptocurrency trading and would greatly appreciate any advice or tips from experienced traders. Thank you in advance for your help.
What are the potential risks associated with USDT-margined futures contracts? Are there any fees associated with trading these contracts? How does the margin work? What types of strategies are commonly used when trading these contracts? Are there any limitations on the amount of leverage that can be used?
Furthermore, what are the potential benefits of using these contracts? Are there any tax implications that come with trading these contracts? How does the liquidation process work? Are there any other advantages to using USDT-margined futures contracts?
I am relatively new to the world of cryptocurrency trading and would greatly appreciate any advice or tips from experienced traders. Thank you in advance for your help.