Exploring the Basics of Cryptocurrency Futures

Anthony Lynch
2 min readFeb 1, 2023

As the digital asset market has developed and gained greater acceptance in recent years, cryptocurrency futures have become increasingly popular.

In the simplest way possible, cryptocurrency futures are financial contracts where the buyer agrees to purchase a certain amount of cryptocurrency at a predetermined price and time in the future. They allow for speculation on the price movements of cryptocurrencies and provide an opportunity for hedging.

It is now become an undeniable fact that cryptocurrency futures have already made a significant impact on the cryptocurrency community due to a number of factors, including price discovery, improved liquidity, and again, hedging opportunities. With that being said, I anticipate that cryptocurrency futures will continue to play an important role in the development and growth of the crypto industry.

Since the introduction of crypto futures in 2017, several exchanges have followed suit and launched their own crypto futures for tokens such as Ethereum (ETH) and Ripple (XRP).

Amongst them is KuCoin Futures. Different leveraged contracts are available on the advanced trading platform of The People’s Exchange, and they can be bought and sold using Bitcoin and other cryptocurrencies. Some factors that made KuCoin futures a great place for trading are:

Clarity — There is no fake volume and all trading activities are visible.

Instant Withdrawal — Automated second-by-second auditing to guarantee timely withdrawal on a blockchain.

Larger market depth — Top 3 trading depth, with no need to worry about sharp market volatility.

Being the user-friendliest — A variety of trading demands can be satisfied by exclusive assistance for Pro and Starter traders.

Emergence — Analysis shows that one out of every three cryptocurrency holders uses KuCoin.

In addition, KuCoin itself is considered one of the top exchanges in the industry and is well-known for its security measures and fast deposit and withdrawal process. KuCoin Futures also offers margin trading with up to 100x leverage and provides a user-friendly interface for trading.

Overall, KuCoin Future’s combination of user-friendliness, liquidity, low fees, advanced trading features, and strong security makes it a popular choice among crypto traders.

The Takeaway

To sum it up, whether you are an experienced trader looking for a new investment opportunity, an investor seeking to hedge against market volatility, or you are just interested in speculative trading on the future price of cryptocurrencies, crypto futures is definitely one of the trading platforms you should consider trying out.

In case you are interested in knowing more about KuCoin futures, kindly click this link to read their new user guide.

Just remember, though, that crypto futures involve high risk and should only be considered by those with a strong understanding of the market and the ability to manage risk effectively.