How to buy virtual currency contracts (how to sell virtual currency contracts)

Hello everyone, today Ouyi Download will tell you about how to buy virtual currency contracts (how to sell virtual currency contracts). Many people don’t know yet. Now let’s take a look together

1. Virtual currency contract transactions This means holding a **number of coins and then using these coins as margin to trade contracts.

2. Suppose you hold 100 coins, you use 100 coins to go long, and then buy 500 coins.

3. Then these 100 coins become margin. If the reverse fluctuation is 20%, you will lose all the coins you hold.

4. Contract trading is the collective name for Bitcoin Litecoin futures contract trading.

5. In June 2013, 796 Trading Platform took the lead in the Bitcoin industry to develop the Bitcoin weekly delivery standard futures-T 0 two-way trading virtual commodity pledged barter contract (contract transaction).

6. The contract trading method is, for example, when buying Bitcoin spot at a high level, you can open a part of the contract short order. In this way, two situations will occur: if the spot price falls, although the gold standard will suffer a loss, the contract leverage will amplify the income. Even if the two are offset, it is not a loss; if the spot price rises, although the contract is liquidated, the gold standard will make money.

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