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How does okex short bitcoin mean

Publish: 2021-04-21 07:55:36
1. When a user makes a transaction, he can only trade the currency in each transaction account. If he needs to trade the currency in his wallet, he needs to transfer the currency fund in his wallet to the corresponding transaction account, and then he can carry out various transactions. Of course, first of all, you need to have an okex account, and then you can trade bitcoin in legal currency, currency or contract.
2.

Short refers to selling positions, can also be called use, sell a certain type of currency loans, bullish. Do long: do and refer to the multi warehouse, can also be called Lido, also known as multi warehouse. Buy some kind of loan currency and be bearish

Long means that the price will rise after estimation, so buy the contract and sell it at sky high price after the price rises in the future. Net profit. Short selling means that the potential will fall after estimation, so sell the contract and buy the contract at a low price after the price falls in the future. Net profit

2. For hedging: to be long means to evade or wash away the risk of proct cost expansion caused by future price rise, and lock up the cost in advance. Short selling means to evade or wash away the risk of profit rection caused by the price decline in the future, and lock in the profit ahead of time

extended data

burst, under some special conditions, the customer's equity in the investor's margin account is negative. When the market changes greatly, if most of the funds in the margin account of investors are occupied by trading margin, and the trading direction is opposite to the market trend, it is easy to burst e to the leverage effect of margin trading

if the position explosion leads to the deficit and is caused by the investors, the investors need to make up the deficit, otherwise they will face legal recourse. The bigger the leverage is, the closer it is to the burst. We should be cautious when adding any leverage

3. At present, most exchanges do not support it. At present, bitnet exchanges support short trading, leverage trading and contract trading. For details, please visit the official website.
4. Yes, there is a contract transaction on the okex platform. I used it for more than half a year. It's very reliable. You can also try it.
5. Okex is a virtual currency exchange! Just like the places where the stock market is connected now! It's one of the top three exchanges in China. It's relatively safe! Bitcoin is the king of money, the biggest one. It's more than 70000 now, and it's more than 20000 in the New Year! Up nearly seven thousand dollars, if you play, you can go to this exchange!!
6. Leverage trading in the currency leverage option of okex exchange, you can trade bitcoin by transferring bitcoin into the currency leverage trading account first. This mainly depends on whether you want to be short or long. If you want to be long, you should borrow money according to the leverage first, and then buy normally. When you earn income, remember to return the money in time. If you are short, you can borrow money to sell it at the current price. After the price of bitcoin falls, you can buy it back to earn the middle price difference, and then return the borrowed money. It's not difficult. You can learn more about it in okex Novice College. Thank you for taking my answer. If you don't understand, please feel free to ask
7. Market depth refers to the ability of the market to withstand large transactions without significant fluctuations in the price of bitcoin
we suggest that you choose the exchange with better market depth. Trading depth has two advantages:
1. The market price is relatively more stable in large trading
2. The cost of large trading is also lower
8. You can make money by shorting. For example, the okex bitcoin exchange uses 20 times leverage to buy short. When bitcoin falls by 1%, it makes about 20%. But you have to pay attention, if the margin is not enough, it will be closed. Please accept my answer. Thank you very much. If there is any need, you can ask, thank you!
9. Bitcoin can be traded in three ways: legal currency and contract.
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