"Beginners Contract Class" is a series of perpetual contract series popular sciences of Bitget. It provides multi-dimensional guides for contract users through graphic tutorials, comics, videos, etc. so that beginners can easily get started.
[Beginners Contract Class] 003 : Why traders do perpetual contract?
1.The higher profit with the lowest investment
Bitget provide a perpetual contract for users
Bitget provides 1-100 leverage for users, Traders can set and adjust the margin and leverage even after placed orders. for example, Users can decrease the liquidation Probability by adjusting the leverage or add margin when they are Losing. In contrast, Traders can multiply their profit by adjusting the leverage to a high lever.
The high leverage of Bitget's perpetual contracts means get higher profit by controlling well the input cost. Given the great price volatility of digital assets, high leverage will multiply your profits at the same time you will face the risk of multiplied losses.
2.Perpetual contract has no fixed delivery date, can hold a position for long time
If a trader who predicts that the price of an asset will move in a particular direction can hold a position for long time. For example, traders predicts that the price of BTC will up and they can buy BTC to be long position holder, and hold their position for long time without worry about the liquidation after the delivery date.
3.Anchors spot price, reducing unnecessary explosions
Bitget collects a large range of specify price of digital currency transaction in a number of spot trading markets, Select the currency pairs of more than 3 mainstream exchanges for each contract currency as the index weight component, The exception handling logic is designed to ensure that the index fluctuations are within the normal range when the price of a single exchange is significantly deviated.
Bitget using the marked price to calculate user's unrealized profit and loss, liquidation price and funding fees to enhance the contact market stability ,ensure the fairness of trading market reducing unnecessary explosions when there are abnormal market fluctuation.
It can be checked in“Contract information”page and users can obtain real-time data by checking Kindle line chart.
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