Introduction
As the crypto markets across the globe have evolved, crypto derivatives trading has been added to the mix of trading instruments more and more investors sought out. Amidst the crypto winter of 2022, perpetual trades in particular were occupying 93% of the crypto
market’s trading volume, indicating a growing number of institutional and retail crypto investors had opted for it.
Now, many crypto exchanges offer crypto perpetual contracts, and it’s natural to feel a little lost when you try to pick the most suitable crypto exchange offering the feature. No worries, though: we’re here with a one-stop solution, named Millionero! In this article, we have outlined seven reasons why Millionero is one of the best crypto exchanges for perpetual trading.
What Is Perpetual Trading?
Perpetual trading is a way to make money by predicting the price movement of cryptocurrencies like Bitcoin, Ethereum, or other digital coins. Instead of buying the actual cryptos, traders buy a special type of contract called a “perpetual contract”. These contracts are like bets on whether the price of the cryptocurrency will go up or down.
For example, let’s say you think the price of Bitcoin is going to go up. You could buy a Bitcoin perpetual contract, which would allow you to make money if the price of Bitcoin goes up. If you’re right and the price of Bitcoin does go up, you could sell the contract for more money than you paid for it, and make a profit.
But be careful! Perpetual trading can be risky, because if the price of the cryptocurrency goes down instead of up, you could lose money. Also, perpetual trading often involves using borrowed money as leverage, which can increase your potential profits but also your potential losses.
Now that the definition is out of the way, let’s move to why Millionero’s perpetual trading feature scores the most amongst the best crypto exchanges!
Why is Millionero The Best Crypto Exchange for Perpetual Trading?
- Best For Beginners: First of all, Millionero’s onboarding process is one of the easiest for With Millionero’s simple-to-use platform, you can easily sign up and deposit
funds to start crypto trading. Millionero can be the best crypto exchange for perpetual trading due to its user-friendly interface.
The platform is made with an easy-to-navigate website, a clear and simple design, and is easily accessible to even users without any kind of crypto trading expertise.
- Millionero Perpetual MAX: You may leverage your initial investment up to 100 times with Millionero’s Perpetual MAX This boosts your purchasing power and makes way for bigger earnings since you can better capitalize on market fluctuations. Further, this feature brings a touch of forex stocks by mentioning your equity free balance: this is to help beginners understand crypto trading with familiar terminology.
Source | Millionero Perpetual Max
No matter how much trading experience you have, Perpetual MAX is a very useful tool if you want to make substantial and quick money.
- Copy Trading: Additionally, Millionero has a copy trading feature that enables beginners to mimic the strategies of experienced traders for potentially profitable
With the least amount of effort, beginners may maximize their resources while learning from professionals thanks to this special feature! What’s more, once you are an experienced trader yourself, you get to acquire 5% of the trading fees for every transaction your followers make!
- Indefinite Holding Period: You are free to hold positions in one or more crypto tokens for as long as you want to by purchasing perpetual futures on As long as your projections are accurate, you may make money in any market scenario, whether it is up or down.
- Choice of Crypto As Collateral: Millionero Perpetual Max has a very distinct feature that sets it apart from all other crypto exchanges offering perpetual trading: you can use any of the supported crypto tokens in Millionero as collateral for leverage during perpetual This is notably different from other crypto exchanges, which typically only allow USD or USDT as collateral for leverage.
This function has the extra benefit of allowing you to use your BTC or ETH or any other crypto as your collateral while you hold on to them, and trade further in other crypto tokens to make even more money!
- Risk on Leverage: If the dangers associated with trading leveraged crypto perpetuals frighten you, don’t. With Millionero’s built-in functionality, your leverage in a crypto perpetual trade is automatically set to 3x, making for very low-risk trades for newbies checking out perpetuals! Further, you get automated set up of Take-Profit orders, the amount to be deployed for your position, along with the default leverage!
- Multiple Crypto Pairs: You may choose your preferred crypto for perpetual trading on Millionero from a wide variety of options, including BTC, AAVE, MATIC, BAT, XRP, ETH, ADA, and others, all paired up against USDT!
By doing so, you may more effectively profit from market changes and have exposure to a larger variety of crypto assets.
Conclusion
Millionero is dedicated to becoming the most beginner-friendly exchange there could be, and it has come up with numerous features to support that degree of accessibility. As a result, trading perpetual futures on Millionero is a safe and comfortable experience for beginners. And if you’re already a skilled trader, you are in for the greatest ride of your
career yet, as you can make use of the Millionero Perpetual Max to its greatest extent! So what are you waiting for?
Join Millionero today to start trading crypto perpetuals! For the most recent developments, follow them on Facebook, Instagram, Twitter, and LinkedIn as well!
