Is moving gold in digital currency speculation in futures

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. From the essence of trading, whether it's digital currency, futures or stocks, it's the same. Among these three varieties, the closest are stocks and digital currency. Because there is no leverage, more money is more money! Futures are leveraged and play in a slightly different way. However, no matter what kind of futures they are, they are all going to earn a bid ask spread.

3. This is the numerical currency futures

4. Digital Futures is a new trading method of blockchain digital currency
in view of the uncontrollable rise and fall of digital currency, it is not recommended to increase leverage or play futures. The risk is too high.

5.

1. Legitimacy

the domestic futures market countries set up financial derivatives trading venues, which are composed of four exchanges, namely, China Gold Exchange, Shanghai Futures Exchange, big business exchange and Zheng business exchange, which are supervised and managed by China Securities Regulatory Commission, futures monitoring center and futures association according to law

except bitcoin, which has a perfect management mechanism, the management of other digital currencies is chaotic and belongs to non-governmental organizations. Governments have never recognized the legality of digital currencies. Credit is completely managed by the self-discipline of issuers and participants, which poses great risks

Domestic futures: 9:00-10:15 a.m., 10:30-11:30 p.m. and 13:30-15:00 p.m. from Monday to Friday (except holidays)

digital currency: it can be traded 24 hours a day, and the trading time is in line with the international market

3. Proct selection

domestic futures: at present, there are dozens of futures varieties, and each variety has at least four months of contract, with standardized management and large trading volume, so it is difficult for funds to control the market

digital currency: the management is not standardized. Although many non-governmental organizations or indivials have set up a lot of digital currencies, the information is limited, and it is difficult to understand the situation of a certain digital currency. Some digital currencies have hierarchical relationship between the upper and lower families. Investing in a certain digital currency is a matter of luck, without any data as a reference

4, two-way trading

domestic futures, with its own leverage, can be two-way trading, long and short can be, t + 0 trading, after the profit can appear

digital currency: long by one side, and the so-called depletion of power resources to mine, the relationship between the superior and the subordinate profits

6. There are gold, silver and precious metal futures in China, but there are no digital currency and bitcoin futures. Those digital currency and bitcoin futures trading platforms are irregular illegal platforms.

7. Now these virtual currencies, that is to say, blockchain links. So far, it has not been said that it is very mature. There are certain factors for insecurity. Some people have invested to make money, while others have invested to lose money.

8. 1. Technology risk. In addition to physical gold and silver, precious metal investment is mostly realized through electronic trading. The development of electronic communication technology and Internet technology will cause fluctuations in the precious metal market. For example, the attack of hacker virus and the stability of trading platform system are the technical risks
2. Transaction risk. In addition to the operational factors of the investors, once the market price order is confirmed, the investors can not cancel it again, and they must accept the risks that may be brought about by this way of declaration
3. Policy risk. As the precious metal instry is regulated by the state, the changes of relevant national laws, regulations, policies and rules and regulations will have an impact on the market, resulting in fluctuations in the price of precious metals. But the policy risk has a huge impact, which is the national regulation of precious metal instry
4. Market risk. As a kind of commodity with investment value, the price of precious metals is affected by many factors, such as economic situation, US dollar exchange rate, political risk, crude oil price and so on. Therefore, it is often difficult for investors to fully control the market in actual operation, resulting in misjudgment of investment and possible economic losses
comprehensive supervision of FCA on netx platform

9. For many people, the concept of digital currency is a mystery. But there is no doubt that digital currency is different from virtual currency. Virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. This kind of virtual currency is mainly limited to circulation in a specific virtual environment. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency. In 2013, the central bank, together with five ministries and commissions, issued the notice on prevention of bitcoin risks, which clearly defined non legal digital currencies such as bitcoin as virtual commodities, which do not exist in the form of currency and legal currency. At the same time, digital money is different from electronic payment. In the actual use experience, digital money and electronic payment may feel similar, but they are still quite different in essence. Before digital currency, the financial instry has been highly informationized. Such as Internet banking, WeChat, Alipay and so on pay the popularization of electronic technology, physical cash accounts for only a very small part of the total circulation of money. In spite of this, because the money used in the transaction comes from the bank account, it actually corresponds to the banknotes.

10. This is mainly decided according to your own economic situation. Futures and commodities need more capital, but digital currency mainly depends on whether you understand this area. Because at present, many digital currencies are pig killing dishes, one for cutting leeks, and there are many such platforms. Outside_ Huige answers for you.