$BTC

The BTC/USDT perpetual contract is a popular derivative allowing traders to speculate on Bitcoin's price without expiry. Traded against USDT, it offers leverage, enabling amplified gains (or losses). Key features include funding rates to maintain price alignment with the spot market and high liquidity, especially on exchanges like Binance and Bybit. Traders use strategies like long/short positions, hedging, and scalping. Volatility presents opportunities but requires risk management, including stop-loss orders. BTC/USDT PERP is favored for its 24/7 trading, tight spreads, and accessibility, making it a cornerstone of crypto derivatives markets. Always trade responsibly.