A futures contract is a type of derivative contract where the transaction is automatically executed at a predetermined future date and price.
At CoinFLEX the futures contracts are physically delivered, meaning you receive the crypto directly to your wallet rather than the transaction being settled in cash.
What are Perpetual Futures Contract?
Perpetual futures contracts are futures markets that have no expiry date. This allows users to use leverage without their trades being automatically executed at a set price.