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🎙 COINMAG Daily · November 12Bitget hack routes $78.6 M of Bitcoin through CoinJoin mixersListen 2hCOINMAG Digest · November 117.71 million gamers pre‑loaded GTA VI ahead of launchRead the issue 19h🎙 COINMAG Daily · November 11Visa’s Monad Deal pushes stablecoin run rate past $25 BListen 1dGrayscale commits $1 million to Zcash ecosystem amid ETF outflowsGrayscale will reinvest all sponsor fees from its Zcash ETF into the network and has issued four $100,000 grants, while the fund sees its assets shrink.Open 2d🎙 COINMAG Daily · November 10Nvidia slides 8% as CEO scandal threatens $350 B market valueListen 2dCOINMAG Digest · November 9Formation Securities files to launch 24/7 tokenized…Read the issue 3dFormation Securities files to launch 24/7 tokenized stock market on SoFormation Securities has applied to the SEC for permission to open a Solana‑based exchange that would trade tokenized US equities around the clock, aiming for aOpen 3d🎙 COINMAG Daily · November 9Bitcoin dips to $75,618 as AI panic and US midterms shake marketsListen 3d
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Crypto glossary

What is perpetual futures? Meaning in crypto

Perpetual futures, or perps, are contracts that let traders bet on a coin's price, with leverage, without an expiry date. They are the most traded product in crypto.

How they work

You open a long if you expect the price to rise or a short if you expect it to fall, posting margin as collateral. A funding rate paid between longs and shorts keeps the contract price tied to spot.

Where they trade

Centralized exchanges such as Binance, Bybit and OKX, and on chain venues such as Hyperliquid and dYdX. Many countries restrict access for retail traders.

Questions

What is the difference between perps and spot?

In spot trading you buy the actual coin. Perps are contracts on its price, with leverage and funding payments.

Can I lose more than my margin?

On most exchanges, no; positions are liquidated first, though extreme gaps can hit insurance funds.

More terms

What is dollar cost averaging? Meaning in crypto

Dollar cost averaging (DCA) means buying a fixed amount at regular intervals. Why it reduces timing risk and when it works best.

What is KYC? Meaning in crypto

KYC, or know your customer, is the identity check exchanges require. Why it exists, what documents are asked for and how data is protected.

What is MiCA? Meaning in crypto

MiCA is the EU's Markets in Crypto Assets regulation. What it requires from exchanges and stablecoin issuers and what it means for users.

What is a token unlock? Meaning in crypto

A token unlock releases previously locked tokens to investors or the team. Why unlocks can pressure prices and where to track them.

What is a zero knowledge proof? Meaning in crypto

A zero knowledge proof lets someone prove a statement is true without revealing the underlying data. How ZK proofs power privacy and rollups.

What is a blockchain oracle? Meaning in crypto

A blockchain oracle brings outside data, such as prices, onto the chain for smart contracts. Why oracles matter for DeFi security.

All terms

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