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What is Futures Contract?
Crypto Glossary Definition
A derivative product representing a legal agreement to buy or sell an asset at a predetermined price at a specified time in the future.
Why Futures Contract Matters
A futures contract lets traders speculate on a crypto asset's future price without owning the underlying coin, and is the vehicle most commonly used for leveraged trading. Crypto futures markets (especially perpetual futures) now regularly see far more trading volume than spot markets.
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