what are futures in cryptocurrency. What exactly are you buying when you’re buying a future’s contract?
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Futures in cryptocurrency are similar to futures contracts in other markets. When you buy a futures contract, you are agreeing to purchase a certain amount of an asset at a set price at some point in the future. With cryptocurrency futures, you are typically buying or selling a currency, such as Bitcoin.
With a futures contract, you are buying a specific asset at a specified price and date in the future.
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