1. Can the bitcoin business be refunded if there is no transaction?
If there is no transaction, the money is still in Huobi’s own account, and you can withdraw it at any time, but there is a 0.3% handling fee for withdrawal, and 3 yuan will be deducted for 1,000 yuan withdrawn.
2. Whether Bitcoin’s delivery contract is better or perpetual contract is better
It depends on your trading habits.
3. Are there any rules for Bitcoin delivery contracts?
When the delivery time is up, the system uses the arithmetic of the US dollar index of BTC (LTC and other currencies) in the last hour The average value is used as the delivery price for all open contracts of the current week to be delivered and closed. The profit and loss generated after closing the position is added to the realized profit and loss.
4. What are the rules for Bitcoin delivery contracts that need to be paid attention to
Sub-week contracts and quarterly contracts will be involved in settlement. After settlement, profit and loss will be recalculated at the settlement benchmark price , the profit part can be transferred out after settlement; if the user closes the position before settlement, then all the margin and realized profit and loss required to open the position after settlement can be transferred out of the virtual contract account.
5. Is the delivery contract only a bitcoin transaction?
The delivery contract was originally used in the futures market, and the contract expires for physical delivery of. Each contract has an expiry date, and when the expiry date arrives, the contract will be delivered (money and goods are cleared).
6. What is the liquidation process of Bitcoin’s perpetual contract
To clear realized profit and loss and unrealized profit and loss on OKEX, the system determines whether there is any If there is a position crossing, all profitable customers will share it together, and the realized profit and loss will be transferred to the balance, and then the capital fee will be charged.
7. My son lost money in bitcoin contracts, can he get it back?
There is a high probability that he will not be able to get it back!
8. Bitcoin contract game rules
Contract trading is 7*24 hours, only on Fridays at 16:00 (UTC) +8) Trading will be interrupted during settlement or delivery. In the last 10 minutes before delivery, the contract can only be closed, but not opened.
Trade types are divided into two categories, opening and closing positions. Open and close positions are divided into two directions: buy and sell:
Buy and open long (bullish) means that when the user is bullish or bullish on the index, he newly buys a certain amount of a certain contract. Carry out the “buy to open long” operation, and the long position will be increased after the match is successful.
Selling to close long positions (long position closing) refers to the selling contracts that users make up for the future index market when they are no longer bullish, and offset with the currently held buying contracts to offset the exit from the market. Carry out the “sell to close long” operation, and the long position will be reduced after the match is successful.
Sell and open short (bearish) refers to a new sale of a certain amount of a certain contract when the user is bearish or bearish on the index. Carry out the “sell to open short” operation, and the short position will be increased after the match is successful.
Buy to close the short position (short order to close the position) refers to the buy contract that the user is no longer bearish on the future index market and makes up the contract, which is offset with the current sell contract to offset the exit from the market. Carry out the “buy to close short” operation, and the short position will be reduced after the match is successful.
Limit order: The user needs to specify the price and quantity of the order. Limit orders can be used to open and close positions.
Order at the counterparty price: If the user chooses the counterparty price to place an order, the user can only enter the order quantity, and cannot enter the order price.
The system will read the current latest counterparty price at the moment of receiving the order (if the user buys, the counterparty price is the sell 1 price; if it is sell, the counterparty price is the bid 1 price), and then place the order. A limit order for this counterparty price.
After a user opens a trade, he/she has a position, and the positions of the same contract in the same direction will be merged. In a contract account, there can only be a maximum of 6 positions, namely, long position in the current week, short position in the current week, long position in the next week, short position in the next week, long position in the quarterly contract, and short position in the quarterly contract.
The platform will limit the number of positions held by a single user in a certain period of contracts and the number of orders placed for a single open/close position to prevent users from manipulating the market.
What is the Bitcoin contract gameplay? Through the above introduction, I believe that everyone has some understanding of the Bitcoin contract gameplay. The Bitcoin contract is simply not complicated. There are two main functions of the Bitcoin contract. One is to hedge the future. Risk, also known as hedging. The other is that Bitcoin contracts have leverage, so they can amplify their profits with a small amount of money. Of course, if investors make mistakes in judgment, they will also amplify losses.
1. What is contract transaction?
Contract trading is actually very simple, it is a two-way transaction, you can buy up (long) or buy down (short), you can sell as you buy, you can buy in the last minute, and you can close the position when the order is profitable in the next minute, as long as It can be profitable in the right direction, and the contract trading mechanism is more flexible, is also the current trend in digital currency investment.
2. What is a perpetual contract and what is the difference between it and an ordinary delivery contract?
Perpetual contract is an innovative financial derivative product, which is similar to traditional futures contract, the biggest difference is: perpetual contract has no expiration date or settlement date, and users can hold positions indefinitely.
In addition, the perpetual contract introduces the concept of spot price index, and through the corresponding mechanism, the price of the perpetual contract returns to the spot index price. Therefore, unlike traditional futures, the price of the perpetual contract will not change most of the time. Too much deviation from the spot price.
Imagine a futures contract for a physical commodity, such as gold. In traditional futures markets, these contracts mark the delivery date for gold. That is, gold should be delivered when the futures contract expires. Since in the traditional futures market, one party is required to actually hold gold, this will lead to the “holding cost” of the futures contract.
The essence of a perpetual contract is the same as that of a delivery contract. The difference is that the delivery contract has a delivery date. On the delivery date, no matter whether your order is profitable or in a loss, you will be forced to sell it. Yes, you can sell whenever you want, there is no delivery date.
3. What are the advantages of operating perpetual contracts?
Perpetual contracts are not limited by time and have no delivery date. Traders can hold for a long time to obtain greater investment returns. At the same time, perpetual contracts provide up to 100 times leverage, and traders can flexibly adjust after opening positions according to their trading needs. The platform provides flexible risk protection while ensuring the best trading experience for traders.
The automatic liquidation mechanism ensures the interests of traders and is used to determine who is responsible for forced liquidation, effectively ensuring that the interests of traders are not affected by huge losses caused by high-risk speculators. In addition, a double price mechanism is adopted, and the mark price is used as the trigger price for liquidation, and the mark price refers to the spot price of the global mainstream trading platform in real time.
Perpetual contracts can only use 1% of the market value of the coin to participate in the transaction, which is impossible for hoarding coins, and it takes up very little funds. That is to say, at a price of around $10,000 in BTC, one BTC can be traded for around $100 on a perpetual contract. The most important thing in operating a contract is the direction and position of buying and selling. The most important thing is to operate on the perpetual contract platform of a regular exchange, and you can enjoy one-to-one guidance every day to help you grasp the biggest market situation and avoid the risk of reverse operation.
9. How to apply for a refund if the bitcoin transfer is wrong?
There is a review in the transfer record. Now the review is relatively slow, it takes several hours, and the review is underway. Before it arrives, you can click Cancel on the back.
If it has been transferred to the other party’s account, then coordinate with the other party and let him call you!
10. How long can the bitcoin contract platform generally last?
The platform can generally be maintained for at least one year, you can check it.