Crypto Derivatives: What are Crypto Derivatives and How do They Work

In recent years, the crypto space has witnessed incredible growth into a diverse ecosystem consisting of over 5 000 coins and tokens, with each token focusing on a particular use case built on blockchain technology. And with the diversification of the crypto ecosystem, there has been increased launch of financial products to increase mainstream adoption.  One such crypto-financial product that has gathered pace among crypto enthusiasts in recent years is cryptocurrency derivatives. A notable cryptocurrency derivative in the crypto space…