// Definition
Futures are contracts that let you trade the price of an asset, long or short, usually with leverage, without owning the asset itself.
Explained simply
Crypto exchanges mostly offer perpetual futures, which have no expiry date. They let you profit from falling prices by going short and let you use leverage.
Because of leverage and liquidation, futures carry much more risk than spot trading.
Tip
Know your stop-loss, position size and liquidation price before every futures trade.
For education only, not financial advice. Trading is risky and you can lose money.