BTC quarterly contract price
Similar to futures contract, it is a trading method proposed by bitstar
the leverage of bitcoin virtual contract is shown as the leverage stability of the revenue level of legal currency: if you invest US $100, the revenue you can get = US $100 * the rise and fall of bitcoin * the fixed leverage ratio
assuming that the current price is 500usd / BTC, an investor can buy a BTC at the current price, and the principal is 500usd. At this time, the investor can make 50 more BTC virtual contracts
at this time, if the price of BTC rises to US $750, or 50%, the investor's contract income is 3.3333 BTCs, which can be sold at the current price to get us $2500, and the income is five times of the principal investment
bitcoin futures provided by bitcoin exchanges are usually traded in bitcoin. Futures is opposite to spot. Spot is a commodity that can be paid and delivered at the same time. In fact, futures is not "goods", but an agreement (contract) - futures contract that promises to deliver "goods" (subject matter) at a future time
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futures contract is an agreement that the buyer agrees to receive certain assets at a specific price after a specified period of time, and the Seller agrees to deliver certain assets at a specific price after a specified period of time. The price that both parties agree to use in future trading is called futures price
the specified date on which both parties must conct transactions in the future is called settlement date or delivery date. The assets agreed to be exchanged by both parties are called "subject matter". If an investor gains a position in the market by buying a futures contract (i.e. agreeing to buy at a future date), it is called long position or long in futures
On the contrary, if the position obtained by investors is to sell the futures contract (i.e. bear the contract responsibility to sell in the future), they are short positions or short on the futuresthe leverage performance of bitcoin virtual contract is the leverage stability of the revenue level of legal currency: if you invest US $100, the revenue you can get = US $100 * the rise and fall of bitcoin * the fixed leverage ratio
assuming that the current price is 500usd / BTC, an investor can buy a BTC at the current price with the principal of 500usd. At this time, the investor can make 50 more BTC virtual contracts. At this time, if the BTC price rises to $750, or 50%, the investor's contract income is 3.3333 BTCs, which can be sold at the current price to get $2500, and the income is five times of the principal investment. If the price rises to $1000, the contract revenue is 5btc, and the dollar revenue after selling is $5000, which is 10 times of its dollar revenue. No matter how the price fluctuates, the leverage of the contract is very stable, which makes it convenient for business and household contracts to hedge and ordinary investors to manage their positions.
in June 2013, 796 exchange took the lead in developing the bitcoin weekly delivery standard Futures - t + 0 two-way trading virtual commodity barter contract (contract trading) in the bitcoin instry
the emergence of contract trading ended the previous history that bitcoin could not be short, and opened the prelude to the development and prosperity of bitcoin derivatives market
warm tips: the above information is for reference only and does not represent any suggestions
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Fire currency contract is a kind of digital currency derivatives. By judging the rise and fall, users can choose to buy long contracts or sell short contracts to obtain the income of the rise / fall of digital currency price. The fire currency contract uses the mode of delivery difference. When the contract expires, all open positions are closed according to the arithmetic average price of the last hour of the index price, rather than physical delivery
all contract transactions are in sheets. Each contract corresponds to a certain face value of digital currency. The face value of the BTC contract is US $100 and the minimum unit of variation at the time of quotation is US $0.01. The face value of other contract varieties, unless otherwise specified, is US $10, and the minimum unit of change in quotation is US $0.001
there are three types of fire currency contracts: current week, next week and quarter. Current week contract refers to the contract for delivery on the Friday nearest to the trading day; Next week contract refers to the contract for delivery on the second Friday nearest to the trading day
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description of contract elements:
subject: also known as underlying asset, which explains the problem of buying and selling something. At present, the target of bitcoin futures is the bitcoin price index, and the generation methods of settlement and delivery prices are based on this index
handling charge: unlike the stamp ty, commission, transfer fee and other fees for stock trading, the cost of futures trading is only handling charge. There are two kinds of service charges for bitcoin Futures Trading: opening charge and closing charge, which are charged when establishing a position (such as okcoin) and closing charge (such as 796). Bitcoin futures fees are generally 0.03% of the total contract value
Margin: margin is closely related to another concept leverage, which generally reflects the level of return and risk in terms of leverage ratio. For example, 796's new 50 times leverage (i.e. 2% margin) means that investors can buy 50 bitcoin futures contracts (i.e. 50 times leverage) by putting in one bitcoin