#KYC 📺The advantages of perpetual #contrats in cryptocurrency trading.
💸The absence of an expiration date.
As perpetual contracts do not require holding the underlying crypto-asset in a portfolio and have no expiration date, they are more flexible than spot purchases on a centralized platform and offer greater liquidity. In addition, trading crypto perpetual contracts on decentralized exchanges (#DEX ) allows you to trade without carrying out identity verification (#KYC ) upstream.
📈Leverage effects.
If used well, leverage allows you to multiply potential gains without investing more equity. Note, however, that mastering the risks of leverage requires increased experience and that this double-edged sword is not recommended for beginner traders. Leverage certainly multiplies the potential for gains, but also the risks of capital losses which should not be underestimated.
📤Stop-limit orders.
Stop-limit orders in perpetual trading #crypto make it possible to mitigate risks by determining a support level from which the platform automatically closes the trader's position before liquidation.