CryptoFacilities Launch Perpetual Futures on Bitcoin, Ether, BitcoinCash, Litecoin, and XRP

There is even more competition now in the Perpetual Contracts market in crypto: now with Crypto Facilities launching a continuous perpetual futures with 4-four fixed rate that changes every 4 hours. The detailed specifications can be found here.

Now there are three strong products on the market for perpetual crypto contracts: BitMEX, Deribit, and CryptoFacilities.

All three of them have the rate based on 8-hours. There are advantages and disadvantages of the approaches. BitMEX gives you fixed rate for 8-hours which is good certainty. But Deribit and CryptoFacilities give the convenience and efficiency of continuous payout of the rate.

Crypto Facilities as a London based exchange brings high quality tech and product design to the table. And unlike BitMEX and Deribit who only offer Bitcoin, Crypto Facilities allows you to send ETH, LTC, BCH, and XRP to trade the contracts.

The benefit of a Perpetual Futures is that you do not have to worry about "rolling" the contract at expirations, you just hold the position and often you can earn net interest on the carry.

So if you are holding any of the top 5 cryptocurrencies and want to manage your risk using leveraged derivatives to navigate this bear market, then sign up at Crypto Facilities and try their Perpetual Contracts.