Understand future transactions trade cryptocurrency
The cryptocurrency world has exploded in recent years, with prices rising rapidly and declining rapidly. One of the most popular forms of these digital property trading is Futures Trading, allowing individuals to bet on their price changes until they occur. But what exactly are cryptocurrencies and how do they work? In this article, we will eliminate the mechanics of the future transactions of cryptocurrency trade, including basic concepts, strategies and risks.
What is cryptocurrency?
Cryptocurrency is a digital or virtual currency that uses cryptography for security and is decentralized, which means that they are not controlled by any government or body. The most well -known cryptocurrencies are Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). These digital currencies operate on the network, allowing consumers to send and receive funds not need brokers.
How does the transaction trade affect cryptocurrency?
Future trades include speculating on the price of cryptocurrency before it was actually traded. There are two main types of future transactions: stain and forward. The article contracts include the purchase or sale of cryptocurrencies at current market prices, and pre -contracts include a future contract for buying or selling currency at a predetermined price.
Basic concepts of future transactions of cryptocurrencies
- Market Hours : There are two main market hours in the cryptocurrency trading: US market (10 hours ET) and Tokyo market (8: This is because the US is based on major exchanges such as New York Stock Exchange (NYS), Nasdaq and Binance.
- They help to reconcile buyers and sellers by submitting a trading platform.
- Market orders shall be executed immediately and boundary orders cannot be executed until the market reaches the price.
- Requirements for margin
: Margin requirements vary depending on exchange and merchant account balance. On some exchanges, traders require a margin ratio of 2: 1 or more.
Cryptocurrency Future Transaction Strategy
- Daily Trade : Daily trade includes cryptocurrency purchase and sale in one day, trying to earn from price fluctuations.
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- strict scale : Scorping includes several small transactions in a short period of time trying to make a profit from low price changes.
Risk in cryptocurrency future transactions
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- Losing Money Risk : Trade in Future Transactions includes risk of capital because losses can quickly put together and destroy the merchant’s account balance.
Tips for beginners
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