#Binaceprizaday In crypto futures contracts, users do not 'play' directly with a specific individual or organization. Instead, they participate in a system designed by the exchange or decentralized platform. Below are the involved parties:
1. **Trading on Centralized Exchanges (CEX)**
- **Other Users**: Most orders are matched through the exchange's order book. When you buy/sell, you are trading with other users who have corresponding orders (e.g., the seller if you buy, and vice versa).