It’s the second time the Ukrainian crypto exchange WhiteBIT is starting a futures contracts competition. Participants will compete in trading ETH-PERP perpetual futures. So, what is so cool about futures contracts?
Futures guarantee that the buyer will buy an asset at a specified price and time. Such contracts help to trade digital assets without owning them and to profit from the difference between the fixed price and the future price. Here is why we love them:
? Futures trading commissions are lower;
? With leverage, you can make a larger profit;
? They help manage risks and ensure your trading portfolio;
? Futures allow for benefiting from any market movement, even a fall.
So, what about the WhiteBIT trading competition? Let’s look at the details of the activity:
Prize pool: 50,000 USDT
Duration: from the 17th (12 p.m. UTC) till the 27th (11:59 a.m. UTC) of December
Reward distribution:
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