BTC futures tactics

1.

Now the popular digital currency futures is bitcoin futures. On December 11, 2017, Beijing time, CBOE launched the bitcoin futures XBT, and the market reaction was hot, triggering the circuit breaker mechanism many times. CME of Chicago Mercantile Exchange launched bitcoin futures BTC on December 18, 2017, which brought about great fluctuation

the two major bitcoin futures procts have the following similarities and differences, which are worth noting:

1. XBT unit is 1 bitcoin, BTC is 5 bitcoins

The minimum price change: XBT is $10 / bitcoin, BTC is $5 / bitcoin

XBT trading time is from 7:00 on Monday to 6:00 on Saturday, Beijing time; BCT trading time is from 7:00 on Monday to 4:15 on Saturday, Beijing time

4. The position limit was 5000

Price circuit breaker mechanism: XBT price fluctuates more than 10% of the previous day's closing price, trading is suspended for 2 minutes, more than 20%, trading is suspended for 5 minutes; The BTC price fluctuates more than 7% or 13% of the closing price of the previous day, triggering the circuit breaker mechanism. The specific suspension time has not been disclosed. If it exceeds 20%, the trading will stop

XBT requires 44% initial margin, which is about 2 times leverage; BTC Requires 35% of the initial margin, which is about 3 times the leverage. It is worth noting that both exchanges have indicated that the margin amount can be adjusted according to the actual situation

2. 1. TEDA currency (usdt) is a virtual currency that links cryptocurrency with legal currency US dollar. It is a kind of virtual currency kept in foreign exchange reserve account and supported by legal currency
2. Contract trading is a general term for the future contract trading of bitcoin

warm tips: ① the above contents are for reference only, without any suggestions. The relevant procts are issued and managed by the corresponding platform or company, and our bank does not undertake the responsibilities of investment, cashing and risk management of the procts. ② There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
response time: February 2, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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3. Contracts can be understood as futures, magnifying the benefits and risks by several times. Hot money, celletf and okex can play.

4. In Huawei's newly released mobile phones, there is the hardware of digital currency. Maybe there will be corresponding security measures at that time

5. Yes, so it's not easy to say OK

6. Ethernet currency can be bought on many platforms, such as domain kingdom. An Ethernet currency transaction can be finished in 30 seconds from a minimum of $5. No matter whether the price of ether currency rises or falls, as long as the direction is right, you can make profits.

7. Bitcoin contract is futures, futures and options are essentially a derivative of bitcoin, but also spot hedging tools! But generally speaking, options are better than futures. We can compare them according to several points
first of all, if the current price of bitcoin is $8000, when bitcoin rises from $8000 to $8500
1. Cash, get $500
2. Bitoffer options, get $500

3. How to get $500 for futures

for example, you can get $500 by using $500 principal, opening 20 times leverage and increasing by 5%
when the returns of the three are the same, we find that the option advantage is the most obvious
cash, need to invest $9000
futures, need to invest $500
Options, need to invest $5