Bybit Lists Nervos CKB Perpetual Futures for Trading – QNT Press Release

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SINGAPORE, Feb. 15, 2022 /PRNewswire/ — Bybita popular platform for crypto lovers around the globe, has listed CKByte ($CKB), the native token of the Nervos Networkfor perpetual futures trading. Bybit is the first trading platform to list $CKB perpetual futures.

Interest in crypto derivatives, and specifically perpetual futures, has grown as investors and traders look for flexible ways to profit off of price movements while still hedging risk. Unlike a typical futures contract, perpetual swaps don’t have an expiration date, eliminating the need to consistently reestablish a long or short position. Furthermore, traders can potentially generate profits even if the cryptocurrency market is down.

Starting today, traders can access the perpetual futures trading pair CKB/USDT. CKB/USDC is expected to follow at a later date.

“Giving our community new ways to trade and invest in CKB is an important part of our…

Full story available on Benzinga.com

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