I also interested in difference between traditional crypto exchanges and derivative ones.
Hey!
Derivatives (derivatives) based on bitcoins are now more in demand than ever, and their development is only accelerating. Derivatives are a tool that allows investors to indirectly trade assets, that is, not the asset itself, but any liabilities for its transfer or units of value created on its basis.
This name comes from the English word "derivatives" (similar to the term "derivative"), which is called "derived" units of value.
Derivatives get their name because they are instruments derived from the underlying (spot) value of a commodity, index, or cryptocurrency. In theory, spot prices of a physical commodity are the basis and provide the basis for pricing in the futures market. Thus, for crypto-currency derivatives, the exchanges of crypto-currencies that trade in real time will be the main ones.
In essence, derivatives are designed in such a way that you can protect your open positions in stocks, bonds or bitcoins. Financial instruments such as futures and options will provide an opportunity to hedge risks, as well as help stabilize the exchange rate. Many businesses and individuals are betting on Bitcoin's long-term prospects, hoping that the value of the currency will continue to rise.
P.S. Therefore, I believe that trading bots will become very relevant now. Many analysts and people from this "kitchen"write about it. I personally found that here -
tradingbot-solutions.com, after a thorough analysis. You know, it's a great helper in the right hands and a great backgroud for beginners.