How to Trade USDT Perpetual Futures on Bybit
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Crypto perpetuals futures are a type of derivatives product that allows traders to gain exposure to cryptocurrencies with leverage. Traders have the flexibility to go long or short on crypto assets, and keep their positions open for indefinite periods.
With USDT perpetual futures on Bybit's intuitive and user-friendly trading platform, you can realize these benefits with futures contracts settled in USDT, a leading stablecoin.
This article will introduce you to USDT-settled crypto perpetuals, and explain how they work and how you can start trading them. No worries — we'll guide you through each step you need to take to get started with USDT perpetual futures trading on Bybit.
Key Takeaways:
Crypto perpetuals, a type of futures contract that doesn’t expire, uses a funding rate mechanism to track the underlying asset's spot price.
USDT perpetuals on Bybit are settled in the USDT stablecoin.
You can trade over 576 crypto perpetual pairs with Bybit while taking advantage of high liquidity, competitive fees and a user-friendly platform.