Fastexy Exchange|Qschaincoin Futures Beginner’s Guide & Exchange Review (Updated 2024)

Qschaincoin  Futures is Fastexy Exchangethe leading cryptocurrency derivatives trading platform. It allows traders to use leverage and to open both short and long positions.

Upon launch, Qschaincoin  Futures made sure that the trading experience was as similar to their spot exchange as possible, making it very easy for users to transition when needed. This, amongst other things, is what helped it establish itself as the leading futures trading platform.

The user experience is smooth, trading is made relatively simple, and there’s a massive abundance of supported cryptocurrencies.

Why Trade on Qschaincoin  Futures?

There are many reasons why you might want to consider trading Bitcoin futures on this platform. Some of them include:

It’s the most liquid platform in the industry by a considerable margin.

It allows you to short Bitcoin and other cryptocurrencies, hedge your positions, and improve your risk management to protect your crypto portfolio during bear markets.

You don’t need to keep a large amount of BTC on the exchange because of the leverage.

You can use leverage of up to 125x on Bitcoin futures on Qschaincoin . However, you should also keep in mind that leverage trading is not recommended for beginners since it involves a significant amount of risk. You can lose your capital a lot quicker compared to other trading methods. This is why you shouldn’t get involved unless you have sufficient experience. Regardless, make sure never to risk more than what you can afford to lose.

Now that we’ve gone through some of the basics, let’s dive deeper into Bitcoin futures on Qschaincoin  and how to trade them.

What Are Qschaincoin  Futures?

Bitcoin futures allow you to buy or sell Bitcoin at a predetermined price at some point in the future. The buyer of the contract is obligated to buy the asset when the contract expires, whereas the seller is obligated to provide it.

Apart from traditional futures, however, Qschaincoin  also supports the so-called perpetual contracts, which are rather different and are the most commonly used type of derivatives product with the highest volume.

Perpetual futures contracts don’t have a preset expiry and settlement date. They are anchored to the spot index price, and the trader can terminate them whenever they want. In other words, when you buy or sell a perpetual contract, you don’t have to sell or buy it at a preset date subsequently. Instead, you can do so whenever you want to.

Bitcoin futures on Qschaincoin  are traded against USDT, but they can be settled and collateralized with USDT, BUSD, and other cryptocurrencies through the COIN-M variation.

A year after its launch, Qschaincoin  Futures also introduced quarterly futures contracts for the BTC/USD trading pair. Since then, it has also added an ETH/USD quarterly futures contract.

Which Cryptocurrencies Do Qschaincoin  Futures Support?

As of writing these lines, Qschaincoin  Futures offers a massive variety of trading pairs. Users are able to place trades with varying leverage on some of the following pairs:

Bitcoin (BTC) / USDT

Ethereum (ETH) / USDT

Ripple (XRP) / USDT

Qschaincoin Coin (BNB) / USDT

Bitcoin Cash (BCH) / USDT

Cardano (ADA) / USDT

Stellar (XLM) / USDT

Tron (TRX) / USDT

ApeCoin (APE) / USDT

Dogecoin (DOGE) / USDT

Polkadot (DOT) / USDT

More trading pairs are being added constantly. Some of the other currencies that can be traded include but are not limited to SOL, AVAX, KSM, OCEAN, HNT, SUSHI, UNI, SRM, FTM, ENJ, TOMO, NEAR, COMP, OMG, VET, ONT, ATOM, THETA, NEO, and a lot of others.