OTC BTC hedging

1. You can make money, but you are likely to lose money. The risk of the contract is still great, at least higher than that of the normal currency speculation, but the benefits are also considerable. You can study and observe the exchange now, and then decide whether to enter the market

2.

ETF, fully known as "trading type open-end index fund", is a kind of open-end fund listed and traded on the exchange with variable fund shares. Investors can not only apply for or redeem fund shares from fund management companies, but also buy and sell ETF shares at the market price in the exchange. ETF is the bitcoin holder's consignment of bitcoin spot to the fund company, and then the fund company relies on it to publicly issue fund shares in the exchange and sell them to all kinds of investors. In addition, banks and brokers will be responsible for underwriting

in short, bitcoin ETF is to securitize bitcoin into an open-ended fund proct that can be bought on the exchange

the successful application of bitcoin ETF means that:

1. The successful application of bitcoin ETF will first lower the threshold of bitcoin transaction and bring a lot of money to the bitcoin trading market

2. It will accelerate the development of cryptocurrency instry and promote asset custody

3. ETF is equivalent to telling the public that bitcoin has been officially recognized as a legal asset class, changing people's overall view on the regulatory risk of cryptocurrency, which will accelerate the public's acceptance of cryptocurrency represented by bitcoin

the launch of any ETF proct will naturally stimulate its underlying proct market, because on the one hand, the underlying proct is most suitable for hedging ETF price fluctuations, and on the other hand, ETF purchase and redemption will inevitably involve buying and selling entity bitcoin. If the 15th application is passed, it will be a healthy development. In the next step, there will be more demand for derivatives, such as ETF options

3. 1、 Cryptocurrency
firstly, the scope of cryptocurrency is the smallest, including digital currency or virtual currency. For example, we can say that bitcoin is a kind of digital currency / virtual currency, but we cannot say that digital currency / virtual currency is a kind of bitcoin
furthermore, only currencies based on blockchain Technology (including cryptography and encryption algorithms) can be called cryptocurrencies. So cryptocurrency is a word specially prepared for bitcoin, Ethereum, and a lot of currencies based on blockchain technology. For example, CT currency and trip currency on the coin exchange platform
2. Legal currency
means that it does not represent the real goods or goods, and the issuer has not fulfilled the obligation to cash the currency in kind; A currency that becomes legal currency only by government decrees. The value of fiat money comes from the owner's belief that money will maintain its purchasing power in the future. Money itself has no intrinsic value, that is to say, when paper money comes into being, legal tender is essentially the paper money that can be circulated according to the law.

4. mining with a graphics card, not the CPU

5. Renbtc is based on the BTC anchor currency issued by renprotocol and circulated in Ethereum network. The value of renbtc and real bitcoin is 1:1 anchored
renprotocol has launched the renvm virtual machine on May 27, 2020. Users can deposit the native BTC in the designated renbridge gateway as collateral. Renvm issues the corresponding renbtc in the Ethereum network through the smart contract, which makes the whole distribution process more decentralized
as a person who has been in the coin circle for three years, I am optimistic about the development of ecell coin in the future, because ecell coin is erc20 token (celletf. IO) realized through Ethereum network smart contract, which adopts blockchain technology, all transaction processes on the chain need the approval of each node in the network, and the whole process is transparent and open.

6. If halving leads to greater difficulty in mining, then the reward will surely be higher. Because bitcoin is graally scarce, it will rise. At present, bitcoin on bitoffer is US $9300. If it is halved and doubled, the later theoretical price is US $18600. Let's give it a discount. How can it be US $15000

7. At present, Qube and bitcoin Genie support automatic hedging. Qube will be better, because it is an exchange platform, connecting many other exchanges, and monitoring is more convenient. Bitcoin genie is an independent platform, which should be developed and used by programmers themselves. Later, it was commercialized, and the interface was not friendly.