Futures
By CoinGecko | Updated on Mar 03, 2020
A futures contract is a form of derivative financial instrument. It repesents an agreement to buy or sell a particular underlying asset/commodity at a predetermined price and at a specified time in the future.
Compared to options which provides one of the parties involved with the rights but not obligations to transact, futures repesent an obligation to transact based on the pre-determined parameters.
Related Terms
Moon
"Moon" or "To the moon" is a crypto slang that describes an exclamation when the cryptocurrencies prices are rising and when it hit the peak, the coin is said to be "mooning".
Bakkt
Bakkt is a company developed by the Intercontinental Exchange (ICE), owner of the New York Stock Exchange. It specializes in Futures/Options contracts for cryptocurrencies.
Utility Token
cryptocurrency tokens with specific utilities on a network besides being used as medium of exchange and investment vehicle.
Option
It is a financial instruments that refers to a contract offers the buyer the right to buy or sell an underlying assets at a specified price and time.
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