If you have been trading in Bitcoin and wish to take positions in yet another cryptocurrency then Ethereum is your best choice. It has tremendous growth potential among other established cryptocurrencies and newer ones. While Bitcoin is a currency used for exchanging goods and services and traded heavily worldwide, ETH or Ethereum has been the choice for those wishing to make steady income out of futures trading. While Bitcoin is a blockchain technology ETH is apart from blockchain technology is also a ledger technology that companies use for building new programs. It makes ETH far more robust and you can get the feel of activity while trading with the same. In crypto futures trading you enter into a legal agreement to buy or sell Ethereum or Ether at a future date just like Bitcoin.
It is seen that trading pairs offer several advantages over single crypto futures trade. Apart from huge volumes in trading on a trading exchange, pairs give security and easy liquidity to the traders. In the case of eth usdt the pairing takes place between ETH of stablecoin USDT whose value is pegged to the US dollar. While in bitcoin trading you can get the largest volume of trade going on, with ETH you are in for some great surprise as the cryptocurrency keeps its strong potential.
Innovative ETH Tethered to USDT
While trading ethusdt you get to know that the ETH cryptocurrency blockchain is pretty innovative and is gaining acceptance widely with more enthusiastic traders betting on it than ever before. It also means that ETH has a strong network and is supported by a huge community of developers, users, and traders. So when trading with a pair as above you are on secured ground as there will not be unprecedented volatility in ETH as pairing with USDT makes the transaction more predictable and less risky.
It is also seen that the liquidity of eth usdt futures is far more liquid than other altcoin pairs so that you can enter and exit from the market pretty whenever you wish to. Although the liquidity is better with Bitcoin and USDT pairing you can find it unnerving if the Bitcoin fluctuates tremendously as it does frequently. With ETH/USDT you face no such problem although for all cryptocurrencies the risk of gain and loss always applies. You may find the best suggestions while trading on BTCC as it is the largest crypto trading platform in the world.
Understanding Futures Trading
If you are a beginner you may either start with bitcoin futures or with ETH as both are profitable if you follow the suggestions from the above trading platform. Futures trading allows you to take leverage that may be impossible for you to buy with your cash. You do this by paying only margin money to your exchange and in return they allow you to enter into agreements with parties to buy or sell cryptocurrency at a future pre-determined date.
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