Minimum fluctuation unit of digital currency

1.

Now the popular digital currency futures is bitcoin futures. On December 11, 2017, Beijing time, CBOE launched the bitcoin futures XBT, and the market reaction was hot, triggering the circuit breaker mechanism many times. CME of Chicago Mercantile Exchange launched bitcoin futures BTC on December 18, 2017, which brought about great fluctuation

the two major bitcoin futures procts have the following similarities and differences, which are worth noting:

1. XBT unit is 1 bitcoin, BTC is 5 bitcoins

The minimum price change: XBT is $10 / bitcoin, BTC is $5 / bitcoin

XBT trading time is from 7:00 on Monday to 6:00 on Saturday, Beijing time; BCT trading time is from 7:00 on Monday to 4:15 on Saturday, Beijing time

4. The position limit was 5000

Price circuit breaker mechanism: XBT price fluctuates more than 10% of the previous day's closing price, trading is suspended for 2 minutes, more than 20%, trading is suspended for 5 minutes; The BTC price fluctuates more than 7% or 13% of the closing price of the previous day, triggering the circuit breaker mechanism. The specific suspension time has not been disclosed. If it exceeds 20%, the trading will stop

XBT requires 44% initial margin, which is about 2 times leverage; BTC Requires 35% of the initial margin, which is about 3 times the leverage. It is worth noting that both exchanges have indicated that the margin amount can be adjusted according to the actual situation

2. Golden Finance, as a news media, was previously exposed by its own employees to collect black money and advertise for air money. This time, it was revealed that it collected black money... He's a recidivist!

3. No, I think it's a virtual currency. It has no limit. If it's a global virtual digital currency, it should be traded 24 hours a day, and there is no limit on the rise and fall.

4. According to the Shenzhen Financial Office, Shenzhen has established the first fintech digital currency union and Research Institute in China, which is expected to lead the country in the pilot of digital currency. More than 40 well-known financial institutions at home and abroad, including Ping An Group, China Merchants Bank, Weizhong bank and Dacheng Fund, have jointly established the first China (Shenzhen) fintech digital currency union and China (Shenzhen) fintech Research Institute
coin Ying China has also set up fintech college to study the practical application of blockchain.

5.

There is a very strange phenomenon in Vietnam, that is, there are a lot of RMB on the street. Maybe many people will want to put RMB on the street. Won't they be robbed by thieves

in fact, this method is very simple. When we travel in downtown areas and sometimes there is no bank, we can exchange these people for Dong , and want to buy what we like. This kind of situation is very common in Vietnam. It's not unusual at all

6.

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

extended data:

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

7. The reason why digital currency fluctuates is that it is generally capital speculation, and the market is particularly vulnerable to external factors, such as hacker attacks

8. What is the general cause of mine accidents? It can be divided into natural and man-made reasons. Natural causes, such as gas in the mine, leakage in the process of mining, explosion caused by mining sparks, water source in the mine, water leakage in the process of mining, debris flow sliding caused by earthquake, blocking the entrance, etc. And human reasons such as unreasonable mining methods, illegal operation, unreasonable equipment conditions, old equipment, mining time is too long.

9. In fact, that is to say some polite words! In compiling a few examples of hypocrisy, what teachers want is this feeling. Just write it casually. Don't take it too seriously. ha-ha!

10. In the carbon century, we have not seen a company that can do better than the carbon century. As can be found in the news, carbon century already has graphene engine oil energy-saving improver carbon, graphene air purifier and graphene surface wave technology, and other graphene enterprises have not seen any procts.