What types of contracts are there?
Perpetual Contract: A perpetual contract has no expiration date, and users can hold it indefinitely and perform liquidation operations by themselves. Delivery Contract: A delivery contract has a specific delivery date, including this week, next week, this quarter, and next quarter delivery contracts. When the specific delivery date arrives, regardless of profit or loss, the system will automatically settle. USDT Margin Contract: This means you need to use the stablecoin USDT as collateral. As long as there is USDT in your account, you can conduct contract trading in multiple currencies, and the profit and loss are settled in USDT. Coin-Margined Contract: This is where the underlying currency is used as collateral. You need to hold the corresponding currency before trading, and the profit and loss are also settled in that currency.
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