Myra

What is the difference between USD perpetual and USDT perpetual contracts?

2023-06-02 00:31

Loralie

USD perpetual and USDT perpetual are both types of perpetual futures contracts offered by some cryptocurrency exchanges. The main difference between the two is the underlying currency of the contract.

USD perpetual contracts are settled in US dollars, whereas USDT perpetual contracts are settled in USDT (a stablecoin pegged to the value of the US dollar).

Another notable difference is the risk of price volatility. Since USDT is a stablecoin, its value is expected to remain relatively constant compared to the US dollar. However, the value of US dollars themselves are subject to fluctuations and inflation, which can affect the value of a USD perpetual contract.

Overall, the choice between a USD perpetual and a USDT perpetual contract will depend on an individual's risk preference and their strategy for trading futures contracts.

Release time 2023 06 02

Damon

The main difference between USD perpetual and USDT perpetual is the underlying asset used as collateral. In USD perpetual swaps, the collateral is held in the form of cash denominated in US dollars, whereas in USDT perpetual swaps, the collateral is held in the form of the cryptocurrency Tether (USDT), which is pegged to the value of the US dollar.

The use of different collateral can affect the pricing and trading of these perpetual swaps, as well as their perceived risk. USD perpetuals may be seen as lower risk, as their collateral is denominated in a fiat currency, whereas USDT perpetuals may be seen as higher risk due to the potential volatility of the underlying cryptocurrency.

Overall, the choice between USD and USDT perpetual swaps may depend on individual preferences and risk tolerance, as well as market conditions and trading strategies.

Release time 2023 06 02

Neal

USD perpetual and USDT perpetual refer to perpetual contracts, which are a type of derivative trading product in the cryptocurrency market. The key difference between USD perpetual and USDT perpetual is the underlying asset. USD perpetual contracts are settled in US dollars, while USDT perpetual contracts are settled in Tether, a stablecoin pegged to the value of the US dollar. This means that the value of a USDT perpetual contract will remain stable, whereas the value of a USD perpetual contract can fluctuate based on the exchange rate between the USD and other currencies. Additionally, traders can margin trade with both USD perpetual and USDT perpetual contracts, but trading fees may differ depending on the platform.

Release time 2023 06 02

Willard

The difference between USD perpetual contracts and USDT perpetual contracts can be explained as follows:

USD perpetual contracts are derivatives contracts that are settled in USD and are perpetual in nature, meaning that there is no expiry date. These contracts allow traders to speculate on the price movements of various assets such as cryptocurrencies, commodities, and securities, without having to actually purchase or hold the underlying asset. The value of the contract is tied to the underlying asset and settled in USD.

On the other hand, USDT perpetual contracts are also derivatives contracts that are settled in the cryptocurrency Tether (USDT) and are perpetual in nature. These contracts give traders the ability to speculate on the price movements of various assets using USDT as the settlement currency, rather than USD. The value of the contract is tied to the underlying asset and settled in USDT.

In short, the main difference between USD and USDT perpetual contracts is the settlement currency. USD contracts are settled in USD, while USDT contracts are settled in USDT. Additionally, USDT contracts rely on the stability of the Tether cryptocurrency, which is pegged to the US dollar, whereas USD contracts are not subject to this stability risk.

Release time 2023 06 02