$FOLKS I assume it wants down to 5 or 7 | Kupus on Binance Square

Trending Articles

Bookmarked and Liked

--

$FOLKS I assume it wants down to 5 or 7 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

FOLKSUSDT

Perp

7.806

-30.33%

333

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Square-Creator-2f8510876

Explore More From Creator

This sounds like I am an insider but no, I am losing here. I actually want it to go up.

--

What are perpetual futures contracts funding fees and funding rates? Why is the funding rate sometimes as low as 0.00001% and sometimes as high as 2 00%? Why is it sometimes positive and sometimes negative? Why does the charging frequency sometimes change from every 4 hours to every 1 hour? In short, perpetual futures contract funding rate and funding fees are designed to stabilize the market to avoid systemic failure that can be caused by high volatility and / or too great deviation between spot and futures market prices of the trading symbol. Funding rate can be positive or negative depending on the long to short ratio. if the majority of traders have open long positions, the funding rate will be positive and if, however, the majority of traders have open short positions, the funding rate will be negative. Funding rate amount (percentage) is calculated based on the deviation or difference between spot and futures price of the trading symbol but the actual amount that is charged in BNFCR or BNB depends on the size of your position. The frequency of charging funding fee can sometimes change from every 4 hours to every 1 hour when the trading symbol long to short ratio is heavily one sided and symbol has low liquidity and / or has become volatile (when the price swings are too great). The purpose of that mechanism is to have traders close their positions and / or switch to opposite direction positions (for example, tells them to close short and open long or opposite etc...) Details can be read in screenshots. ⬇️

--

$DASH It was called "darkcoin" back in its early days because it was used to purchase stuff from "dark web" and was almost banned forever but later they changed its name to digital cash and announced that it will not be used as a form of payment in "dark web" services anymore. However, due to its privacy preserving nature, the transactions cannot be tracked and thus raising concerns about it being used for transactions in criminal operations which is why it might be banned in some countries. EU is already in process of making such decisions considering privacy coins in case crypto gets adopted more broadly.

--

$PIPPIN these artificial pumping schemes often end up in great differences in spot and futures prices between various exchanges and there is huge potential for a great dump after price correction is complete. I'd like to suggest holders to take profits and sell spot holdings and buy low until next artificial pump.

--

actually , they are selling probably.... the transactions show negative trading volume on 5m, 1h, 6h and 24h be cautious however, because anything can happen

--

Latest News

Vitalik Buterin Highlights Need for Simplified Ethereum Protocol

--

PAXG Tokens Transferred from Null Address to Paxos

--

Crypto Market Experiences $250 Million in Liquidations Over Four Hours

--

BNB Drops Below 850 USDT with a 2.82% Decrease in 24 Hours

--

U.S. Treasury Secretary Dismisses Concerns Over Economic Advisor

--

Cookie Preferences

Cookie Preferences