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btc3l

Publish: 2021-04-18 10:09:50
1.

BTC, usdt, ETH, BCH, LTC mean respectively:

1, BTC

bitcoin. The concept was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software is designed and released, and the P2P network is built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

2, usdt

TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar, and is a virtual currency kept in foreign exchange reserve account and supported by legal currency

Eth

Ethereum is an open source public blockchain platform with intelligent contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether

4. BCH

bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers

at 20:20 on August 1, 2017, bitcoin cash starts mining, and each bitcoin investor's account will have the same amount of bitcoin cash (BCH)

5, LTC

litecoin, abbreviated as LTC, currency symbol: & # 321;; It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world

source of reference: network bitcoin

source of reference: network TEDA coin

source of reference: network Ethereum

source of reference: network bitcoin cash

source of reference: network letcoin

source of reference: Network

2.

They are:

bitcoin

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software was designed and released, and the P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

bitcoin cash

bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers

extended data:

virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher, Sina's Micro currency (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver pattern (used for bixue Qingtian game)

the popular digital currencies in 2013 are bitcoin, Leyte coin, infinite coin, quark coin, zeta coin, BBQ coin, pennies (Internet), invisible gold bar, red coin and prime currency. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

3. It does not exist. The reason why it is called long and short is that the corresponding relationship between the rise and fall of the two is different from that of the underlying currency. For example, the rise and fall of BTC is 1% after position adjustment. Without considering the triggering of irregular position adjustment, the rise and fall of btc3l's net value is 3%, and the rise and fall of btc3s's net value is - 3%. Therefore, btc3l is called BTC long and btc3s is called BTC short. In the actual transaction, the two can be understood as two completely different spot currencies, and the profit method is the same as other currencies in the spot market.
4. It does not exist. The reason why it is called long and short is that the corresponding relationship between the rise and fall of the two is different from that of the underlying currency. For example,
BTC
rises or falls by
1%
after position adjustment. Without considering triggering irregular position adjustment,
btc3l
rises or falls by 3%
and
btc3s
rises or falls by
- 3%
. Therefore,
btc3l
is called
BTC
long,
btc3s
is called
BTC
short. In the actual transaction, the two can be understood as two completely different cash currencies, and the profit method is the same as other currencies in the spot market.
5. From the name of leveraged ETF procts, we can see the currency of the underlying assets. For example, the underlying assets of BTC 3L and BTC 3S are BTC.
6. Each leveraged ETF proct corresponds to a certain number of futures contract positions. The fund manager dynamically adjusts the futures positions to make the whole fund share maintain a fixed leverage ratio in a certain period of time. There are two important concepts in leveraged ETF procts, net worth and bottom position. Suppose that the net value of a btcb3l (btc3 multi leverage ETF proct) is $200, then its underlying holding is a position with a position value of $600 (net value) × Triple leverage). For the convenience of understanding, we can loosely understand the net value of leveraged ETF procts as the margin in the perpetual contract and the underlying position value as the position value in the contract. Buying a btcb3l is equivalent to setting up a position with a margin of $200, a position value of $600 and a position size of 1 in the BTC / usdt contract.
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