What are futures contracts ?

Content corrected by an authorized editor Karol Kiełtyka - 9/22/20, 11:22 AM

Hey. On one cryptocurrency exchange I came across a futures tab. I don't really know what it is and if it's worth buying. Can someone explain to me in a simple way what futures contracts are? Thanks in advance.
 

Karol Kiełtyka

22.09.2020 11:10

Accepted.