What is Derivatives?

Derivatives are contracts whose value follows the price of something else, such as a future or a perpetual contract on a crypto asset. They let you take a position without owning the asset, and profit from a fall as well as a rise, though a wrong call can lose more than you expect. Whether a platform offers them changes the risk profile of an account. ActivTrades, Ajaib, AscendEX and Backpack all offer derivatives. Anycoin Direct does not, so a trader who wants them has to look elsewhere. Treat the added leverage as the main danger.