Before understanding contract transactions, let's first understand the nature of blockchain.
Blockchain was born from Satoshi Nakamoto's Bitcoin, and is the underlying technology and infrastructure of Bitcoin. It is a distributed database system that applies cryptography technology, multi-party participation, joint maintenance, continuous growth and non-tamperable, also known as distributed shared ledger.
As a value network of blockchain, the data on the chain will be defined as assets because of the existence of demand, that is, demand is value.
According to incomplete statistics, there are currently more than 8,000 tradable blockchain assets. The other mainstream currencies are ETH, Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), Grapefruit (EOS), Ethereum Classic (ETC) and so on.
With the continuous development of the digital currency market, digital currency traders are no longer satisfied with the long investment cycle of traditional currency transactions, the large demand for funds, and the benefits of regular investment in digital currency appreciation.
So digital currency derivatives trading, contract trading was born.
So what is contract trading?
1. Users can judge the ups and downs in the contract transaction, choose [Buy Long], or [Sell Short], to get the income from the rise or fall. In general, it can be [two-way transaction], yes You can buy up or down according to the trend.
2. Everyone knows that contracts are all leveraged. The advantage of leverage is that it can maximize the use of funds. For example, with a leverage of 100 times, 10,000 U can be used as 1 million U. Everyone can make reasonable use of leverage to achieve large gains with small funds
This is a two-way investment option, and the currency can only invest up.
Not only that, but you can also use leverage to amplify multiples of funds to bring high returns. The USDT standard perpetual contract on the XMEX exchange supports a maximum leverage of 125 times.
Here I will open an order with BTC leverage to give you an example, the current price of Bitcoin is 10,000 U
In a traditional currency transaction, I bought a Bitcoin at a price of 10,000 U. When the Bitcoin rose to 20,000 U, I made 10,000 U after deducting the capital.
And if I used 10,000 U as a principal to open 100 times leverage to do long Bitcoin. When Bitcoin rises to 20,000 U, my income should be 10,000 U*100 times, which is 1 million U.
Of course, if I choose to go short, and Bitcoin falls, I will get the same proportion of income.
The advantages of contract trading compared to spot trading are: the mainstream currency spot investment cycle is long, the investment capital is large, and it is impossible to achieve high arbitrage with small gains in a short time.
The contract transaction investment principal is relatively small, and two-way investment is carried out, which has more room for profit in one direction.
However, for small white users, due to the large fluctuations of digital currencies and the further amplification of the leverage multiples, it is easy to cause losses in contract transactions.
Therefore, we have prepared a series of training courses such as contract introductory class, K-line introductory class, live room trend training class, and online and offline order teaching to help you understand the contract market and learn contract trading in the shortest time. Every course will be synchronized to the community, everyone remember to participate in the study on time.
Let's take a look at some of the advantages of xmex:
Advantage 1: Matchmaking transactions, good market depth
The market depth of the first three stalls on the platform reached millions of dollars, far exceeding the industry's average market depth of ten thousand and one hundred thousand. Small spreads and fast transactions. The global formal matching trading platform has counterparty prices, marked prices, market-making by world-renowned market makers, good market depth and high transaction rate.
Advantage 2: Smooth transactions and fair prices
Rejecting off-market quantitative funds to enter the market, harvesting retail investors, sharing the global spot market index, achieving fairness, justice, transparency, and a true platform of conscience. The “marked price” selects the real-time transaction price of the world's three major exchanges as the index price to perform regression calculation, which effectively prevents user losses caused by abnormal manipulation of the latest transaction price in a short time.
Advantage 3: High global visibility
The global mainstream media platform ranks 28th on the global exchange non-small account, and AIcoin ranks in the top four. It has three trading sectors: contract, currency, and legal currency; it has good qualifications and large trading volume.
Advantage 4: Strong self-developed technology
The matching engine rooted in traditional finance has been developed by a team of senior experts in the financial industry, carefully crafting every detail to ensure the safe, stable and efficient operation of the trading platform. It has its own independent technical team, good fluency, and shares 4 servers at the same time, which can be replaced at any time, not afraid of stalls, and can be repaired at any time when problems are encountered, upgraded and updated according to global market needs, to give global users the best experience.
Advantage five: powerful and easy to use
Long and short double open for the same currency, multiple positions are placed, and each order does not overlap. At the same time, it supports full position and position-by-position. You can directly set the stop loss and stop loss on the order page. You can modify the stop loss and stop loss in the position, and close the position in batches to take the profit on demand. There is no need to keep track of the order to increase the yield. Not cumbersome, not complicated, flexible, simple and easy to use, and can be operated in a fool-like manner.
Advantage six: strong innovation ability
Reverse opening, fast market fluctuations, one-click reverse opening. Pending orders take profit and stop loss, and you can sleep peacefully when you open orders at night without watching the market. Contract record, simply and clearly see your own transaction data and record, overall profit and loss rate, and total return.
Advantage 7: iOS is safe and stable, and you will never lose your signature
With super signature, the installation process is smooth, and the one-time installation will never drop the signature. At the same time, it supports a desktop version that does not need to be downloaded, a safe and stable super signature version, and refuses to frequently drop the signature.
Advantage 8: Fund safety is guaranteed
Top-level risk control capabilities, three-tier security system, and comprehensive security audits. Self-built the industry's most advanced layered deterministic cold wallet system, all users assign recharge addresses are cold wallet addresses, fund collection and withdrawal are completed through offline signatures.
Advantage 9: strong qualification background
The platform has complete qualifications and a strong team background. It has obtained the US MSB futures license and Seychelles business license. The core members of the R&D team are from Morgan Stanley, CICC, Hang Seng, Tencent, and Noah Fortune.
Advantage ten: sincere service
Customer service 24 hours online to help you answer questions and respond quickly. Starting with a service mindset, we provide first-class trading experience for global customers. The ultimate experience comes from the concept of serving customers. The app provides tutorials for beginners, contract descriptions, and brief descriptions of all fund rates.
For end users, the operational advantages of contract players:
(1) Simple operation and innovative functions. Compared with Huobi, Binance, etc., it is more specific and professional. The core technical force lies in the development of the contract, and Xiaobai can get started in minutes;
(2) Professional teachers live the orders every day, and the success rate is over 90%. Someone takes them and someone teaches them. You can pay less tuition and turn around. If you don’t believe you can watch and test first. This is the exchange’s direct order. Team leader, community orders are different! It really allows you to pay less tuition and don't be the chives cut by others! In addition, the exchange analysts and live room strategy will bring you basic knowledge courses of the industry and some more professional high-level courses every week!
Author/Senior Writer/Industry Research Expert/Zhou Wen World Official WeChat: btshijie (Docking Wei Code). Support sharing by retaining the author's source, please retain the author's copyright information for reprinting, and offenders must be investigated.