😳Reasons why you may not need to trade futures in crypto:
1. Spot market access: With crypto, you can easily buy and sell underlying assets (like Bitcoin or Ethereum) directly on spot markets, eliminating the need for futures contracts.
2. High liquidity: Crypto markets are highly liquid, making it easy to enter and exit positions quickly, reducing the need for futures contracts.
3. 24/7 markets: Crypto markets operate 24/7, allowing you to trade at any time, unlike traditional markets with limited hours.
4. Leverage available: Many crypto exchanges offer leveraged trading, allowing you to amplify your positions without needing futures contracts.
5. No expiration dates: Crypto assets don't expire, unlike futures contracts, which have expiration dates.
6. No rollover fees: You won't incur rollover fees, which are common in futures trading.
7. Simplified taxation: Trading crypto spot markets can simplify tax calculations compared to futures trading.
8. Reduced complexity: Spot trading eliminates the need to understand complex futures contracts, margin requirements, and settlement processes.
Besides, futures trading still offers benefits like hedging and speculation opportunities, but for many crypto traders, spot market access is sufficient.
NOT FINANCIAL ADVICE
Thanks for reading .
