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
Decryption
The process of decrypting data that was previously encrypted (made unreable) back to a readable form.
Utility Token
cryptocurrency tokens with specific utilities on a network besides being used as medium of exchange and investment vehicle.
Offline Staking
Staking without needing to be connected to the blockchain
Total Supply
All the tokens and coins that will exist in a cryptocurrency network.
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