🔶 What is Crypto Futures Trading?⁣ ⁣ ⁣ ▶️ In the futures market, you are buying or selling contracts that represent the value of a specific cryptocurrency. When you purchase a futures contract, you do not own the underlying cryptocurrency. Instead, you own a contract with an agreement to buy or sell a specific cryptocurrency at a future date. As such, ownership of a futures contract does not reward you with any economic benefits such as voting and staking.⁣ ⁣ ▶️ Crypto futures contracts offer protection against volatility and adverse price movements on their underlying asset. Also, it is a proxy tool for traders to speculate on the future prices of a specific cryptocurrency.⁣