(1) What are the current hot projects in the currency circle?
The small currency beast exchange with super computing power is very popular recently, that is, it can trade various coins and also have the computing power to mine spt Coins serve multiple purposes and are worth participating in. (Flying Fish)
(ii) Where to see the top ten coin predictions in 2020
2020 top ten coin predictions:
Some people have made statistics, even if Bitcoin’s 19-year return on investment is cut in half, it is the highest among the existing investment product systems. I believe that many people pay attention to this industry because of this increase. There is no way to imagine other industries, there are no restrictions on ups and downs, 24-hour rotation, buy and sell at any time, simple and rude.
(iii) Now the domestic currency circle is more recognized for that trading platform.
It must be OKEx exchange, which is an established domestic trading platform. There are many people trading in the currency circle. , the transaction volume is also high, and it supports various transaction services such as currency transactions, contract transactions, ETT combination transactions, and OTC transactions.
(iv) The top 20 exchanges in China’s currency circle
2017-2019 are varied, and exchanges of all sizes have sprung up like bamboo shoots after a rain. After two years of shuffling, the exchange is currently in three echelons;
1. BNB (Binance) OKB (OK) HT (Huobi)
2. Bkex (Bike) BikiMXCA Network Q Network Zhongbi Gate .ioK.net
3. Various other small exchanges
Currently the first tier of exchanges is booming, the second tier is chasing after continuous innovation, and the third tier is also seeking new development direction.
Currently, the basic business of exchanges is similar, mainly looking at services, user experience, and innovation (new gameplay).
Digital currency is the currency development form of the digital economy. Since the epidemic in 2020, the digital economy featuring “new investment, new consumption, new model and new business format” has become an important force to promote the stable development of my country’s economy and society. After stock futures, digital currency is another profitable outlet, and it has been favored by more and more global investors, and they have taken the lead. In this issue, Bijie.com has compiled the top 20 most reliable digital currency exchanges by market value for novice players in the currency circle. Beginners must remember to buy and sell transactions on these large platforms to avoid risks and do not trade over-the-counter.
From the perspective of trading volume, currently the largest domestic exchanges include Binance, Huobi, and OkEx, all of which have entered the top ten in terms of global trading volume. The following is a brief introduction to these three exchanges.
Binance was a little-known online platform before September 2017. Since September 4, domestic regulators have classified ICO as illegal. The three major exchanges—Huobi, OKCoin, Bitcoin China were asked to stop trading, which gave Binance an opportunity to top. The nationality of Zhao Changpeng, the founder of Binance, is Canadian. After September, Changpeng Zhao moved the platform overseas, one step ahead of other exchanges. Since then, Binance has gradually surpassed the three major exchanges.
Advantages: User funds are the largest
Currently, Binance trades 290 digital tokens. When checking the data on March 26, 2018, its trading volume in 24 hours exceeded 9.8 billion RMB. It ranks first among all exchanges and ranks second only to BitMEX. Calculated with a transaction fee of 0.1%, its 24-hour fee income is close to 10 million yuan.
The founder Zhao Changpeng’s main business in his early years was to build an online trading system for exchanges. In 2014, Changpeng Zhao joined OKCoin as a co-founder and chief technology officer (CTO). In July 2017, Changpeng Zhao founded the Binance platform, conducted an ICO, and issued his own blockchain currency, Binance Coin, The total amount is constant at 200 million, and the founding team including Changpeng Zhao holds 40% of the total amount of Binance Coin. As of June 12, 2018, Binance CEO Changpeng Zhao said recently that Binance currently has more than 9 million users.
Disadvantages: The domestic user experience is not very good
In September 2017, seven ministries including the central bank issued the “Announcement on Preventing Token Issuance and Financing Risks”, which prohibits ICOs and will provide virtual currency transactions, exchange and pricing , information intermediary and other services are also listed as prohibited items. my country has adopted a high-pressure stance on virtual currencies, first banning initial coin offerings (ICOs), and then announcing a complete ban on bitcoin trading channels. On January 26, the China Internet Finance Association issued the third ICO-related risk warning, and called on the majority of investors to recognize the overseas ICO and “virtual currency” trading platforms in the “Reminder on Preventing Overseas ICO and “Virtual Currency” Trading Risks”. Risks, firmly establish risk prevention awareness, and do not participate in or organize to participate in any activities involving ICO and “virtual currency” transactions.
Although China bans bitcoin transactions, there are many other countries in the world that allow bitcoin transactions such as the United States, Japan, Singapore, etc. Therefore, in this form, Binance expands overseas markets, just as he said in an interview with “Blue Whale TMT” on January 23, 2018: “Binance has moved out of China as a whole, and users are basically from overseas.��”. According to Binance’s own data, only 3% of Chinese users among the 6 million registered users are roughly the same.
The scandal of currency theft
The IEO in 2019 also caused exchanges to follow suit. It can be said that 19 The bull market in 2019 is not unrelated to Binance, but there are some flaws in security. In 2018 and 2019, coins were stolen for two consecutive years.
In May 2013, Li Lin founded Huobi Huobi.com once occupied more than 50% of the global bitcoin trading market, and its transaction volume is slightly lower than that of Binance, ranking third. The co-founders of Huobi.com include Du Jun, Zhu Jiawei, etc. At present, Du Jun has gradually faded out Huobi.com, founded the circle of media golden finance and investment institutions Node Capital.
Advantages: mature risk control mechanism, good transaction depth
Prevent malicious manipulation of the market, Huobi Futures platform opens positions for different types of contracts and Limit the closing price. Through the combination of dynamic price limit and hard price limit, under the premise of ensuring that the normal deviation between the contract and the spot market is not affected, it can prevent “pins” to the greatest extent. At the same time, the platform also limits The number of orders placed by each user at a time, to prevent some users from using large-scale orders in a short period of time to affect the normal market price and prevent the behavior of operating the market. In addition, the entire platform also has restrictions on the user’s positions, a single user, A single contract and the entire platform have corresponding position limits. When the limit is reached, users will not be able to continue to open positions, which prevents some large “whales” from using funds to control the market. Coupled with the transparent big data and real-time data of Huobi Futures Abnormal risk monitoring.
Huobi’s bitcoin and mainstream currencies have excellent trading depth, relatively low transaction losses due to small slippage in buying and selling points, and can accommodate large funds to open positions in a short period of time
Disadvantages: the contract starts late
As far as the user scale of contract trading is concerned, BitME, OKEx and Huobi are the early and established exchanges, and they are much ahead of Huobi, including mature quantitative institutions, large investors, ordinary investors, etc.
Low degree of protection for users:
Huobi made its fortune through OTC. When Huobi OTC first started, it attracted various teams to arbitrage on it, and even some fraudulent projects, a large part of which was due to the platform The ability to solve problems in the later stage and the protection of users are lacking.
OKEx is one of the world’s famous digital asset trading platforms, mainly providing digital assets such as Bitcoin, Litecoin, and Ethereum to global users The currency and derivatives trading services of assets are affiliated to OKEx Technology Company Limited. When OKEx was founded, it received a million-dollar angel investment from the entrepreneurial workshop established by the world’s leading investor Tim Draper. Investors of leading companies.
Advantages: Early establishment, good contract trading experience
OKex was previously called OKCoin, which is one of the earliest bitcoin trading platforms in China. Launched in October 2013, it has users from more than 100 countries. At the beginning of 2014, OKEx received tens of millions of dollars in investment from Longling, a well-known venture capital fund in China and the founder of Meitu, a Hong Kong-listed company. OKEx, as an overseas exchange under domestic OKcoin, makes many Chinese users tend to use this platform. Three months after its launch, OKCoin reached a monthly transaction record of 2.6 billion. In November, the transaction volume was 8 billion. In December, the OKCoin platform created a record of 4 billion transactions a day.
OKEx platform has three trading modules: currency trading, fiat currency trading and contract trading. The largest trading volume belongs to contract trading. The launched contract varieties include BTC, ETH, BCH, EOS, LTC, BTG and XRP. There are three types of contracts in the contract period: current week, next week and quarterly. In the field of high-leverage contract trading, BitMEX and OKEx have always been the two “Chu Han”. In the contract trading market, OKEx relies on the first mover of contract trading to occupy the “time of the day”, and has a large number of contract users and extremely high transaction volume.
(v) Is the currency circle a bear market or a bull market in 2020
It is biased towards a bear market.
Recently, I have seen a lot of positives, whether it is the trust of ETH or Wall Street institutions or fund companies buying BTC, or writing articles about how good BTC is, this is a historical trend, and the situation facing the world now It is to keep printing money to deal with the economic downturn, causing the devaluation of the legal currency, and purchasing BTC as insurance against inflation is the choice of many institutions in the future. Although the amount deployed by these institutions generally only accounts for 1%-5% of the total amount, this is quite remarkable. In the future, buying BTC will be a major trend for global institutions, and more and more fund institutions will choose to buy BTC. , this is an unchangeable general trend!
BTC is still the best-performing asset in the world this year, so we must have full confidence in this. In my opinion, it was the best year of the past few years, and the follow-up is also the most anticipated.In 2018, including the innovation of Defi and the further development and upgrading of blockchain technology, I believe that the public chains represented by ETH, Polkadot, Near, etc. will bring about major changes in underlying technology in the subsequent currency circle as a whole. Heat upgrade.
㈥ The top 20 exchanges in the currency circle
2017-2019 There are various kinds of exchanges, large and small exchanges have sprung up like bamboo shoots after a rain. The shuffle of the year, the current exchange has three echelons;
The first echelon: BNB (Binance) OKB (OK) HT (Huobi)
The second echelon: Bkex (Bike) Biki MXC A network Q network China currency Gate.io K network Development, the second echelon is in hot pursuit on the basis of continuous innovation, and the third echelon is also seeking new development directions.
At present, the basic business of exchanges is similar, mainly looking at services, user experience, and innovation (new gameplay).
Personally, I am optimistic about the Bkex Global platform. Born in 2018, he is already growing up and will definitely be incorporated into the first echelon in the future. Let us wait and see! ! !
㈦ Which mainstream currency has the greatest potential
Which mainstream currency has the greatest potential? As we all know, if you want to make long-term money by investing in virtual currency, you must choose a virtual currency with potential. Generally speaking, the potential of mainstream currency is relatively large. Some investors here do not understand mainstream currency. In fact, mainstream currency is The coins whose market value ranks among the top on exchanges have all experienced historical witness, such as Bitcoin, Ethereum, etc. In layman’s terms, mainstream coins have their own mainnets. So, which mainstream currency has the greatest potential? The following is a list of mainstream coins with great potential in 2020 for the reference of currency lovers.
An inventory of the mainstream coins with great potential in 2020 1.BTC-Bitcoin
The market value of Bitcoin is 168.978 billion US dollars, accounting for 58.95% of the global total market value, the circulation volume is 18.2475 million, and the 24-hour transaction volume is 7.164 billion US dollars. 327 exchanges.
Bitcoin is almost the only way for newcomers to the currency circle. With its huge market value advantage, it is also very suitable for some institutional investors to invest. The most recommended investment currency for newcomers is also Bitcoin. After all, the ups and downs of the entire currency circle depends on the face of Bitcoin. If you are familiar with investing in Bitcoin well, you will be more comfortable with altcoins later.
The market value of Ethereum is 26.042 billion US dollars, accounting for 9.08% of the global total market value, the total circulation is 109 million, the 24-hour turnover is 3.376 billion US dollars, and it is listed on 332 exchanges.
At present, Ethereum ranks second in market value, and it must have its own value. It can be used to create decentralized programs, autonomous organizations and smart contracts. There are many potential applications of smart contracts. Bloomberg Businessweek called it “software that everyone can share but cannot tamper with.” More advanced software has the potential to create web stores using Ethereum. Because of Ichio, its price reached more than 10,000 yuan at its most beautiful time. Of course, this has also become one of its weaknesses. When the project side sells, its price also goes down. More importantly, the congestion of Ethereum is also abnormal. Awesome, I hope the Ethereum team can get better and better.
The market value of Tether is 9.191 billion US dollars, accounting for 3.2% of the total global market value, the total circulation is 9.188 billion, and the 24-hour trading volume is 20.242 billion US dollars. It is listed on 190 exchanges.
Tether has a first-mover advantage, and currently ranks fifth in market value. Because it is a stable currency, the volatility is generally not large. It is not suitable for investors to play, and it may face bankruptcy no matter what. The bank where the account is opened may also go bankrupt, and there may also be the risk of donations running away, etc. Although stablecoin investors should pay more attention and be cautious, although it rarely happens, it is still possible in the currency circle, and the potential risk is high.
㈧ Will the privacy public chain become the next hot spot in the currency circle after Defi?
Defi is a hot spot in the blockchain industry in 2020, according to a hot spot every year Come to think of it, the privacy blockchain will not become a hot topic until next year. You can pay attention to head privacy projects such as ZEC and AOS in advance.
(ix) What virtual currency is recommended in 2020
Virtual currency refers to non-real currency. Well-known virtual currencies such as Internet coins of Internet companies, Q coins of Tencent companies, Q points, coupons of Shanda companies, micro coins launched by Sina (used for micro games, Sina reading, etc.), chivalrous ingots (used for chivalrous Taoist games) ), silver pattern (used in Bixue Qingtian game), popular digital currencies in 2013 include Bitcoin, Litecoin, Unlimited Coin, Quark Coin, Zeta Coin, BBQ Coin, Penny Coin (external network), Invisible Gold Bar, Red coins, prime coins. At present, there are hundreds of digital currencies issued around the world.
Reminder: The above content is for reference only.
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㈩ What platforms are popular in the currency circle recently
Huobi, Binance, okex