What is btc perpetual USDT (How to play btc perpetual contract)
What does btc perpetual USDT mean? This means the perpetual contract of usdt. W
What does btc perpetual USDT mean? This means the perpetual contract of usdt. What does btc perpetual USDT mean?
Usdt is a type of cryptocurrency with a trading price of 1 US dollar on the Ethereum platform. The value of Bitcoin is measured by issuing tokens, so it has volatility (also known as slippage). If it is used as a market-making currency, it carries more risks than anything else. When people start considering a new digital currency, they think it’s BTC.
How to play btc perpetual contract
Contract players can trade perpetual contracts based on the currency in the contract account. The btc perpetual contract function has been activated. Two position types are used in the contract: spot and perpetual.
When users want to open long positions, they can have 1 Btc in the contract account (i.e., 10,000 Btc). When buying and holding a certain amount of BTC, it needs to be exchanged for Btc to close the position. If there is no short position, it can continue to be held as collateral to prevent significant market price changes.
Meanwhile, various leveraged trading methods can be implemented within the contract, including mechanisms for stop-profit and stop-loss, support for full position mode, and support for reverse opening.
This article and pictures are from the Internet and do not represent 96Coin's position. If you infringe, please contact us to delete:https://www.96coin.com/60095.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.