Operation process of Laite coin Trading

1. You can register an account in the star guest trading platform and confirm the real name, then bind the card to the bank card, recharge RMB or Leyte to the platform, and then you can trade Leyte in the currency trading center or in the legal currency trading area

2. You register an account in the domestic trading platform and carry out real name authentication, bind the bank card, recharge RMB or Leyte currency to the platform, and then you can trade Leyte currency and RMB.

3. Lightcoin is a kind of electronic digital currency, which is just emerging in recent years. Lightcoin is similar to bitcoin, which is a kind of digital electronic currency and the result of a series of digital programs. Wright coin has the characteristics of decentralization, tradable and divisible. Lightcoin trading needs to be carried out on a specific digital currency trading platform. At present, there are three to five more formal digital currency trading platforms in China, and okcoin digital currency trading platform is the more formal one among all digital currency trading platforms.

4. Register an account directly in the fire coin network, carry out real name authentication, bind the bank card, and recharge RMB or lightcoin to the fire coin network account to carry out lightcoin trading activities.

5. Like bitcoin, lightcoin can only be traded on special virtual currency trading websites
at present, China does not use virtual currency as an official settlement tool. In other words, the domestic central bank does not recognize this kind of virtual currency, so please invest carefully

6. There are mainly two ways: one is to purchase the Wright coin miner for mining; The other is in the trading platform to carry out the trading activities of Leyte coin, earn the price difference. There are two types of currency trading: spot and futures

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
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.

7.

Leverage is a common financial transaction system, namely margin system

Leverage trading is also called virtual trading and deposit trading. That is to say, investors use their own funds as guarantee to enlarge the financing provided by banks or brokers to carry out foreign exchange transactions, that is, to enlarge the trading funds of investors. The proportion of financing is generally decided by banks or brokers. The larger the proportion of financing is, the less capital customers need to pay

leverage trading operation process:

1. Take BTC / usdt as an example, if the platform supports up to three times leverage

when judging that the price of bitcoin will rise from 10000 usdt to 20000 usdt, if you have 10000 usdt of principal, you can borrow up to 20000 usdt from the platform. Use 30000 usdt to buy 3btc at the price of 10000 usdt and sell it at the price of 20000 usdt, with a profit of 3btc * (20000-10000) = 30000 usdt

2. Take BTC / usdt as an example, if the platform supports up to 3 times leverage

when it is judged that the price of bitcoin will drop from 20000 usdt to 10000 usdt, with a principal of 10000 usdt (0.5btc), you can borrow 1btc from the platform, sell one bitcoin at 20000 usdt, and buy it at 10000 usdt, making a profit of 10000 usdt

if you only trade with your own funds, you can only buy low and sell high, not short

3. Calculation method of leverage lending rate:

from the time of applying for leverage, the interest will be calculated as 24 hours in less than 24 hours, and the loan funds and interest will be returned when the leverage is returned

4, the risk of leverage Trading:

leverage makes use of less capital to realize the possibility of obtaining greater returns. But if the wrong direction of the transaction is judged, the loss will also be enlarged year on year. Therefore, ordinary traders try to avoid the high leverage of heavy trading, to prevent the occurrence of burst positions or even through positions

(1) reasonable use of leverage ratio and control of position

(2) stop profit and loss timely and close positions spontaneously

(3) margin should be added in time to ensure that the ratio of total assets to leverage is greater than 110%

extended data

related functions of leverage Trading:

1. Loan account:

each loan transaction pair corresponds to a loan account. For example, ETH / BTC will correspond to an eth / BTC loan account (including two sub accounts of Eth and BTC)

users can transfer Eth and BTC monetary assets in the transaction account to eth / BTC lending account; Eth / BTC loan account can be applied for loan in two types of currency assets: Eth and BTC

2. Fund transfer:

users can't recharge to the loan account directly for the time being, so they can transfer the funds from the transaction account to the loan account by fund transfer

(1) when the user borrows, the part of the loan account with a risk rate higher than 200% can be transferred out to the transaction account

(2) when the user has no loan, all the available funds in the account can be transferred out to the transaction account

3. Apply for loan:

the user enters the loan management and selects the loan account to apply for loan assets. The amount of digital currency that the user can apply for loan depends on the account principal and platform leverage ratio. The maximum amount of loan that the user can apply for is net asset conversion (BTC) × Multiple - 1) - borrowed assets

for example, if the maximum leverage ratio of the platform is 3 times, the number of digital currencies that users can borrow is 2 times of the principal

8. My friend asked me to help him operate, buy bitcoin, buy and sell cash. I think this kind of behavior is unscientific and unsafe. I think it's better to have a sense of security when such behavior occurs.

9.

The user promises to abide by the following rules of bitcoin trading in the process of entering into bitcoin trading and concting bitcoin trading with other users through bitcoin

1. Browse transaction information

   when browsing bitcoin transaction information, the user should carefully read all the contents contained in the transaction information, including but not limited to bitcoin price, entrusted volume, handling charge, buying or selling direction. The user can only click the button to trade after fully accepting all the contents contained in the transaction information
   

2. submit delegation

   after browsing the transaction information and confirming that it is correct, users can submit transaction delegation. After the user submits the transaction entrustment, that is, the user authorizes niubit to act as the user's agent for the corresponding transaction matching. Niubit will automatically complete the matching transaction when there is a transaction that meets the user's entrustment price without notifying the user in advance
   

3. View transaction details

   users can view the corresponding transaction records in the transaction details of the management center to confirm their detailed transaction records
   

4. revoke / modify a delegation

   before a transaction is concluded, the user has the right to revoke or modify the delegation at any time