Contract pool
the basis of bitcoin contract
bitcoin contract refers to a contract that can be traded without actually owning bitcoin. It is very different from the currency transaction which can only be carried out with the actual holding of digital currency
bitcoin contracts enable you to predict the price trend of bitcoin and hedge risks. This way of trading means that you are investing in price trends, not the assets themselves
when trading bitcoin contracts, you can decide whether to be short or long. Choosing long means that you expect the price of bitcoin to rise. On the other hand, choosing to short means that you expect prices to fall
leveraged trading
one of the characteristics of bitcoin contracts is that it can choose to trade with high leverage ratio. Using leverage means that you don't have to invest 100% of the transaction amount in a contract transaction. Instead, you only need to deposit the initial margin, which is only a small part of the total contract value
leveraged trading allows you to have a large exposure with a small amount of funds while managing risks
perpetual contracts
although there are many different types of contracts, this paper mainly focuses on perpetual contracts. As the name suggests, these contracts have no expiration date. Traders who are long or short with perpetual contracts can hold positions indefinitely unless the contract bursts, which means that they will not suffer more losses than the initial margin
in the perpetual contract, the pricing of bitcoin is based on a specific index price. The index price is based on the average price of bitcoin in multiple currency markets
bitcoin contract has become a very popular trading tool. Many traditional investors are not ready to allocate their money to digital assets, but still want to benefit from attractive price fluctuations, and contract trading opens the door for them
if you want to open bitcoin contract trading, you need to find the exchange that provides contract trading. AAX platform provides you with bitcoin contract trading services in a compliant and secure environment
when it comes to the big three of traditional contracts, I have to mention bitmex. This old exchange was once the largest bitcoin contract trading platform in the world. With the advantages of good market depth and low transaction fees, it has long been at the top of the global exchanges only by contract trading. On the evening of May 19, bitmex suddenly went down, and investors could not operate normally for more than an hour. The last outage occurred two months ago. Although bitmex is still in the leading camp in the field of contract exchanges, its aura is much dimmer than at its peak. Repeated downtime and successive court cases have made many users suspicious of the platform and added uncertainty to the future of the platform
according to the latest data from skew, a cryptocurrency derivatives analysis company, bitmex ranked fourth with us $2.17 billion in the 24-hour BTC contract trading volume of the exchange, followed by fire coin, okex and coin an, with trading volumes of US $4.08 billion, US $3.93 billion and US $35.4 respectively, among which fire coin ranked first was nearly twice as high as bitmex. It can be seen that the performance of the old contract exchange's hot money and okex is still good. In just three months, the online perpetual contract of Huo coin won the first place in trading volume, which is closely related to the global compliance, mine pool, public chain, HT and other invisible values behind Huo coin group. On the other hand, however, when faced with the "312 exam", Huo coin and okex did not seem to go smoothly. For a while, problems such as pin insertion, downtime, network cable pulling, and inability to close positions swarmed in, and even the headquarters rights protection incident occurred. Like bitmex, customers of both exchanges are questioning whether this is a manifestation of "shoplifting"? In the face of extremely high trading volume and accumulated instry reputation over the past few years, how should Xiaosan choose
in September 2019, Jex, the cryptocurrency derivatives platform, was acquired by the security capital, and a / b double contracts were launched in parallel. Almost at the same time, bitmex's official twitter also targeted "plagiarism" at coin an. From open margin trading to futures and options, currency security is following the path of contracts. It seems that the way of currency security entering the contract is not smooth: a series of scandals, such as deliberate pin insertion, K-line optimization and early position explosion, also broke out. But these still can't stop coin an from taking a share in the traditional contract giant's trading volume
of course, good depth, large user base and strong professionalism are the advantages of the first-line mainstream exchanges. The other side of the coin, such as bitmex's too professional user interface, has turned away many new retail investors and Xiao users. At the same time, KOL, big V and local communities, which have strong capacity to bring volume, resolutely join in the arms of emerging exchanges such as bybit and bitge e to low commission rebate and low handling charges
all along, bybit's image in the circle is more like an "overseas player". According to official data, most users of bybit are located in Europe, with only 20% in Asia. In addition, bybit performs well in proct experience and other aspects, and the proct interface is single and clear, which can give users a better visual experience. Recently, the relevant person in charge of bybit said that it is necessary to vigorously develop the domestic market, but at present, there are few bybit contract varieties, and the Chinese market contract market competition is white hot, and the customer demand is diversified. If it wants to sink, I wonder if it will be acclimatized? Let's see
bitget is starting to make its mark in the contract instry this year. Because of its strong user experience and customer service, it has attracted a large number of Xiao users, and has good trading depth, so it is called "black horse of contract trading" in the circle. Recently, the newly launched one click merchandising proct is widely praised for its focus on solving the two-way pain points of users and traders. It is especially suitable for small white users and can play contracts without threshold. According to the evaluation on social network, bitget didn't go down in the two extreme markets of last year's "9.25" and this year's "3.12". The drawback is that although the positive and negative currencies are complete, before bitget only had one warehouse by one, not the whole warehouse, some users will not be used to it. Fortunately, now this function is online. It's a good choice
emerging exchange FTX was established in 2019. According to skew, a well-known data website, the daily trading volume of eth futures jumped to a record high of US $245 million on February 28, an increase of 51% compared with us $162 million on February 25. Behind the gorgeous trading data, the CEO of FTX fell into the scandal of misappropriating the assets of exchange customers, which also dragged FTX into a negative quagmire. According to the relevant data, most of FTX customers are from quantitative organizations, and the operation interface also stays at the PC side. At present, the app version has not been launched. For most domestic retail investors who are used to mobile Internet, inconvenient use is one of the biggest problems.
in the last year, the network has accelerated the layout of the surrounding ecology of digital currency. Due to the graal emergence of the ceiling of trading business, the expansion of trading business has slowed down significantly. At present, the expansion direction of the trading business of fire coin network lies in the national region, with the opening of South Korea station and the United States station. Start international layout. Nowadays, most of the exchanges are trading in US dollars. The expansion of fire currency lies in that it can be traded in more countries' legal currencies, such as Korean won. Assuming that fire currency can open trading business in all countries and regions in the world in the future, there will be more local users who are used to their own currencies, so as to realize the growth of differentiation
from this point of view, the value of ham has not yet reached the ceiling, because with the opening of more exchanges, the revenue of huocoin will increase, and the strength of repurchase will also increase
another expansion of fire coin trading business is the franchise mode. Partners create exchanges through the use of fire coin technology and fire coin trading depth, and share interests with fire coin. The advantage is to let those who have the ability to seize the market and gain more market share, while fire coin does not need to pay too much resource investment. It's a way to increase revenue. The disadvantage is that it is easy to overdraft the brand. Overall, this business will still bring a lot of trading shares and profits for fire coin
the horizontal expansion of fire coin lies in the layout of the surrounding ecology of the encryption instry, such as investment incubation. Investment incubation can bring high-quality projects to fire coin. Fire coin's investment business will focus on the early global cryptocurrency projects, find them and carry out investment incubation. When these projects are mature, you can choose to trade on fire coin or log on to fire coin's IEO board. It can be said that investment incubation is an indispensable business of huocoin.com
instant messaging fire letter is for traffic, each instry has a specific circle, fire letter is to gather these people together, gather in the fire coin ecology, and then convert them into trading users. It's an application for grabbing transaction share
for the business of mine pool, at present, the fire coin mine pool has become the leader of pledge mining, with differentiated competition, avoiding several powerful competitors of pow, and starting from pledge mining, the growth speed of fire coin mine pool is very fast
the fire coin mine pool may only be an extension of the transaction business, so that the transaction users can experience the one-stop service of transaction and financial storage in one stop. Fire Coin Wallet is similar
these businesses of fire coin seem to be unrelated, but they are all for the purpose of extending the trading business. So HT is still very optimistic in the future.
by the end of the issue, the total amount of 58b purchase has exceeded 100 million, and the price of a 58b is 6.55 UCC (1ucc = 1cny), that is to say, converted into RMB, the purchase amount has exceeded 600 million. 58coin official said that it will continue to follow the announcement to avoid the phenomenon of large private market, so as to let more investors participate in it fairly and openly to obtain shares, while constructive opinions from users will still be taken into consideration
at present, it is relatively recognized that platform currency has more investment value than other Shanzhai currencies, mainly based on the following three considerations: first, the trading platform has profit guarantee; Second, preferential policies for investors; Third, investors form a consensus on investment
Where does 58coin come from? Behind the popularity comes the attention to the background and advantages of the platform
it is understood that 58coin, founded in the UK in November 2017, is a one-stop blockchain integrated service platform. It holds the top ten mines in the world and provides currency transactions, 100 times perpetual contract transactions, cloud computing power transactions, etc. for global digital currency asset users. At present, it has set up offices in Japan, New Zealand and Hong Kong
in short, it is an exchange that has carried out global strategic layout and full cycle ecological layout of digital assets. The careful commercial layout behind it and its ambition to be a leader in the instry can be seen< The exclusive advantages of 58coin are as follows:
first, it has strong financial strength and holds the top ten mines in the world. It's rumored that thousands of BTCs were bought last year alone. In addition, the share of ore pools also ranked top
2. The platform promises that currency transaction and legal currency OTC transaction are free of transaction fees. Such a unique move will undoubtedly attract more investors and further expand the market depth
thirdly, 100 times sustainable contract has become a timely rain for the instry. Recently, fixed-point position explosion events have occurred frequently on some platforms, and investors have also seen the trickiness. At this time, the instry needs a conscience platform to guide the positive development of the instry. It's time to refuse the artificial fixed-point position explosion and the 58coin 100 times perpetual contract to spread losses; Just yesterday, 58coin added a number of lever multiples: 2 times, 3 times, 5 times, 10 times, 20 times, 33 times, 50 times. Meanwhile, it added some closing positions functions and strong warning SMS reminders. This gives contract players with different risk preferences more operation space and more ways to play
at present, this blockbuster proct has a good performance: in only eight days since the launch of btc100 times perpetual contract, there are nearly 10000 BTC transactions; The eos100 times perpetual contract was only on line for 3 days, and the transaction volume in half a day reached 3 times of the peak. It is said that some people have already operated from 2.5 EOS to 113 EOS through this business, making profits more than 40 times, which is hard for investors to resist< Fourth, the service ecology is more complete. Behind the 100 times sustainable contract, 58coin has a more perfect digital asset service system. Many old users of 58coin said that they started with cloud computing power at first, and then improved the legal currency OTC, currency trading, leverage trading, financing currency, and sustainable contract one by one. With the rapid development of the platform and enough attention to the interests of investors, Let many users long-term optimistic about 58coin, while long-term holding 58b
under the extreme market on May 21, 58coin did not show a strong flat in a large area. 58b made three major commitments: buy back when it fell by 10%, weekly profit included in margin, and open operation. 58coin's repurchase commitment attracted media attention. At the time of 58b's birth, many investors recognized the investment value of 58b
new things are always doubted. In the face of doubt, 58coin officials have made three promises: first, if the price of 58b currency drops by 10%, the platform will contribute to buy back, which is the first time in the currency circle; 2、 The company will convert 50% of the weekly profit into 58b, which will be included in the platform margin. The margin will be used for insurance fund of contract transaction, commission return, etc; 3、 With seven days as the cycle, announce the operation situation, including profits, and fully achieve openness and transparency
according to relevant people, 58coin dare to make such a commitment, on the one hand, it is fully confident of its own strength, on the other hand, it is to protect the interests of investors.
from July 18 to August 31, 2018, 58coin launched the free service charge activity of perpetual contracts. During this period, some gangs used the platform perpetual contracts to mark price loopholes and arbitrage a large amount in a short time. In order to prevent further expansion of the situation and ensure fair trading, 58coin urgently froze 15 malicious operation accounts and upgraded the system
in the morning of September 3, 2018, 58coin perpetual contract appeared abnormal index. Some users maliciously used the abnormal index time to swipe a large number of arbitrage orders. On the one hand, they repaired the abnormal index, on the other hand, they dealt with the accounts that were maliciously operated in the abnormal period. I don't know whether the above answers can help you. If they can help, please accept them. Thank you.
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response time: October 12, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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