CoinW perpetual contract data

CoinW's perpetual contract rankings, based on 24-hour trading volume, provide insights into market sentiment and identify high-liquidity contracts like BTC/USDT, ETH/USDT, and XRP/USDT, offering traders potential trading opportunities.

Nov 10, 2024 at 10:26 am

CoinW Perpetual Contract Data: A Comprehensive Guide

Perpetual contracts, also known as inverse swaps, are a type of derivative that allow traders to speculate on the price of an underlying asset without having to take physical delivery. They are similar to futures contracts, but they do not have a fixed expiration date and can be held indefinitely.

CoinW is a cryptocurrency exchange that offers a variety of perpetual contracts, including BTC/USDT, ETH/USDT, and XRP/USDT. These contracts are traded on a margin basis, which means that traders can use leverage to increase their potential profits. However, it is important to note that leverage also increases the risk of loss.

How to Trade CoinW Perpetual Contracts

To trade CoinW perpetual contracts, you will need to first open an account on the exchange. Once you have done this, you can deposit funds into your account and start trading.

To place a trade, you will need to select the contract that you want to trade and the amount that you want to trade. You will also need to specify the leverage that you want to use. Once you have entered all of the necessary information, you can click the "Buy" or "Sell" button to place your trade.

CoinW Perpetual Contract Data

The CoinW perpetual contract data provides a wealth of information that can be used to make informed trading decisions. This data includes:

• The current price of the contract
• The 24-hour high and low prices of the contract
• The 24-hour trading volume of the contract
• The open interest of the contract
• The funding rate of the contract

How to Use CoinW Perpetual Contract Data

The CoinW perpetual contract data can be used in a variety of ways to make informed trading decisions. Here are a few examples:

• The current price of the contract can be used to determine the current market sentiment for the underlying asset.
• The 24-hour high and low prices of the contract can be used to identify potential trading opportunities.
• The 24-hour trading volume of the contract can be used to assess the liquidity of the contract.
• The open interest of the contract can be used to measure the amount of outstanding contracts for the underlying asset.
• The funding rate of the contract can be used to determine the cost of holding a long or short position in the contract.

CoinW Perpetual Contract Rankings

The CoinW perpetual contract rankings are based on the 24-hour trading volume of each contract. The top 5 ranked contracts are:

1. BTC/USDT
2. ETH/USDT
3. XRP/USDT
4. BNB/USDT
5. ADA/USDT

BTC/USDT Perpetual Contract

The BTC/USDT perpetual contract is the most traded contract on CoinW. It has a 24-hour trading volume of over $1 billion. The BTC/USDT perpetual contract trades at a margin of up to 100x.

ETH/USDT Perpetual Contract

The ETH/USDT perpetual contract is the second most traded contract on CoinW. It has a 24-hour trading volume of over $500 million. The ETH/USDT perpetual contract trades at a margin of up to 100x.

XRP/USDT Perpetual Contract

The XRP/USDT perpetual contract is the third most traded contract on CoinW. It has a 24-hour trading volume of over $200 million. The XRP/USDT perpetual contract trades at a margin of up to 100x.

BNB/USDT Perpetual Contract

The BNB/USDT perpetual contract is the fourth most traded contract on CoinW. It has a 24-hour trading volume of over $100 million. The BNB/USDT perpetual contract trades at a margin of up to 100x.

ADA/USDT Perpetual Contract

The ADA/USDT perpetual contract is the fifth most traded contract on CoinW. It has a 24-hour trading volume of over $50 million. The ADA/USDT perpetual contract trades at a margin of up to 100x.