Virtual currency contract for difference
freetrade
tiger sniff website, which is the first digital currency contract for differences transaction launched. At present, there are five procts BTC / eth / LTC / etc / EOS that can be traded.
first, rece the risk of clearing and settlement of foreign exchange transactions
blockchain is essentially an information technology solution to solve the trust problem and rece the trust cost, which can ensure the integrity of data without credit accumulation, Because all these data are recorded on the tamper proof blockchain, the complicated steps of centralized verification of ID card are omitted in foreign exchange transactions
Second, improve transaction efficiency and rece costs
regional chain technology can make foreign exchange transactions faster and lower costs. Because of the transaction mode based on regional chain technology, there is no central organization or central server
Third, enhance the security of foreign exchange trading
some data show that, even if the blockchain is attacked, the attacker can only break through more than 51% of the nodes to tamper with information, but in a blockchain system with enough size, the cost is very high, which can be considered as basically impossible< Fourthly, provide convenience for foreign exchange supervision.
the data of blockchain has a system self verification record, which does not need identity verification, data collection by regulatory authorities, and enterprise reporting, which will greatly rece the supervision cost and improve the supervision efficiency. At the same time, e to the stability and reliability of its data block, the blockchain technology ensures the accuracy and security of data in the application of foreign exchange supervision. In addition, the non tampering of data blocks and the traceability of data nodes provide great convenience for the supervision and enhance the efficiency of supervision.
postcode: 029
CFD of contract for difference trades with margin. Just like physical trading of stocks, profit or loss is determined by your buying and selling prices. CFD of contract for difference has many advantages over traditional physical trading of stocks< Extended data:
characteristics of CFD:
1. There are many kinds of trading target assets of CFD, not only stocks and currency pairs can be used as trading assets, but also commodities, precious metals and indexes can be used as trading target assets. Taking exness as an example, the CFD procts currently provided mainly include foreign exchange currency pair, precious metals, crude oil and virtual currency
2. CFD belongs to the transaction of financial derivatives. In fact, the buyer and the seller will not really purchase the relevant assets (stocks, currency pairs, commodities and indexes), but only the contract agreement based on the asset price
3. Since CFD trading is only based on the contract agreement on the asset price, only part of the margin needs to be deposited with the broker to calculate the difference between the opening price and closing price of the foreign exchange currency pair. If the difference is positive, the CFD broker will pay the difference to the trader. If the difference is negative, the CFD broker will charge the difference.
Contracts for difference (CFD) can reflect the price change of stock or index and provide profit or loss caused by price change, without actually owning stock or index futures
Contract for difference (CFD) is traded with margin. Just like physical stock trading, profit or loss is determined by your buying and selling prices. CFD has many advantages over traditional physical stock trading
extended data:
the characteristics of CFD are as follows:
1. There are many kinds of trading target assets of CFD, not only stocks and currency pairs can be used as trading assets, but also commodities, precious metals and indexes can be used as trading target assets. Taking exness as an example, the CFD procts currently provided mainly include foreign exchange currency pair, precious metals, crude oil and virtual currency< In fact, the buyer and the seller will not really purchase the relevant assets (stocks, currency pairs, commodities and indexes), but only the contract agreement based on the asset price
3. Since CFD transactions are only based on the contract agreement of asset price, only part of the margin needs to be deposited with the broker to calculate the difference between the opening price and closing price of the foreign exchange currency pair. If the difference is positive, the CFD broker will pay the difference to the trader. If the difference is negative, the CFD broker will charge the difference
reference source: network contract for difference