230: Oliver Chalk – ETH Mining Experiment; Gateway to Full-Scale BTC Basis Trading
Chat With Traders
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What Is a Spot Exchange?
Binance is the traditional most dominant spot exchange in crypto, although that may change in the future we'll see. Spot exchanges must have a physical asset on trade execution for it to work. Perpetuals are basically futures that settle every day and get rolled. On perp patrols and futures you can get far more leverage than you can on spot. They typically trade at a premium during bull markets because people want to leverage up and go along.
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