How to Trade Inverse Perpetual Futures on Bybit
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Inverse perpetual contracts offer crypto traders a unique way to speculate on the price movements of cryptocurrencies without holding the underlying asset in stablecoins, such as USDT and USDC. These contracts are denominated in the base currency (for example, BTC) and allow traders to engage in futures markets with leveraged positions.
Currently, perpetual futures dominate the crypto derivatives market. According to CoinGlass, on October 31, 2024, Bitcoin’s perpetual trading volume was $18.2 billion, far exceeding the spot trading volume of over $2 billion.
Key Takeaways:
Inverse perpetual contracts are denominated in a base cryptocurrency, such as BTC.