How to sell BTC leverage Commission
how to use leverage
1. Long (buy up)
here, take BTC / usdt leverage trading as an example (usdt vs. US dollar, 1 usdt = US dollar) to introce how to use bitcoin leverage. Assuming that the current price of bitcoin is US $10000, and you predict that the price will rise in the near future, you can choose to be long.
if you have only 10000 usdt principal and the platform is triple leverage, you can borrow another 20000 usdt from the trading platform, so the principal is now 30000 usdt; If it is 5 times leverage, it can borrow 40000 usdt, 10 times leverage is 90000 usdt... And so on
buy three bitcoins with 30000 usdt, sell them when they reach 20000 usdt, and get 60000 US dollars of bitcoin, dect 10000 principal and 20000 loan, and make a profit of 30000 US dollars
if you don't use leverage trading, you can only make a profit of 10000 usdt if you buy a bitcoin at 10000 usdt
of course, if the judgment is wrong, bitcoin will only lose 5000 usdt in currency trading and 15000 usdt in leverage trading
2. Short (buy down)
take BTC / usdt triple leverage trading as an example. At present, the price of bitcoin is 20000 usdt. If you think that the price of bitcoin will drop to 10000 usdt, and you have 10000 usdt in your hand, you can borrow one bitcoin from the platform (short can only borrow the currency you choose to short), and sell it when the price of bitcoin is 20000 usdt, Then, when the bitcoin price is 10000 usdt, buy it back to the platform, and you can make a profit of 10000 usdt
in fact, bitcoin leveraged trading plays a role in amplifying revenue, but it also magnifies risk
there are many digital currency trading platforms, and the main procts promoted by each platform are also different. Some are mainly spot trading, and some are futures trading. Among them, futures trading is contract trading, that is, leverage. The better platforms are coin stations, which can be seen by contract friends.
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Leverage trading is to enlarge the principal several times, invest more with small capital, and realize the goal of small, broad and big, and double the income
it can be seen that the first step of leverage trading is capital lending. After the loan is completed, it enters into the investment transaction, that is, long or short, and finally returns the loan interest. Therefore, this process mainly describes three parts: capital lending, investment transaction and return of loan interest
The course is as follows:1. Fund lending
1. Log in to the hot coin Pro account, click the [leverage trading] button to enter the [leverage trading] interface
Description:
interest rate: the interest rate will be charged according to the percentage of the number of loans, calculated every 24 hours, less than 24 hours, calculated as a day, charged the interest rate of the loan line every day
leveraged transaction rate: 0.1% daily interest for borrowing usdt and 0.02% daily interest for borrowing currency (BCC, ETH, LTC, etc, dash, XRP, EOS, OMG, Zec)
warm tips:
please return the loan money and interest in time to avoid the capital loss caused by forgetting