Cryptocurrency futures are financial contracts that allow investors to speculate on the future price movements of cryptocurrencies, without actually owning the underlying assets. These contracts obligate the buyer to purchase or the seller to sell a specified quantity of a cryptocurrency at a predetermined price and date in the future. They are used by traders to hedge risk or to speculate on price changes in the cryptocurrency market. Trading cryptocurrency futures can be done on various platforms and exchanges, offering traders the opportunity to profit from both upward and downward price movements.