Real-Time Margin Calculator - cryptogt.com

Yield farming thread

What is yield farming? Most broadly, it means getting some benefit for providing capital, usually in the form of tokens. Currently, there are three major different schemes:
  1. Staked funds aren't utilized in any way and tokens are distributed proportionally to what's staked (may be dai, weth, ycrv, or other tokens). Token price risk: zero. Token accrues, but even if it falls to zero you lose nothing. Smart contract/protocol risk: depends on the staking contract, usually low to zero. Contracts are usually simple modification of the first contract used by yearn (taken from synthetix), making analysis easy by only looking for differences. APR: may start high, but usually collapses fast to relatively low values as funds pour in.
  2. Providing liquidity in trading pools. Tokens are gained in return for providing liquidity for requested tokens on uniswap, balancer, curve, mooniswap. Token price risk: medium to high, depends on pool weights. See these two articles for details on how liquidity providing works: Uniswap - pool weight is always 50%/50% Balancer - arbitrary pool weights, down to 2% for one token. Can be multitoken, not just two. Smart contract security risk: medium to high. In addition to checking the (usually simple) staking contract, requires security analysis of the token contract. If it's possible to mint a very large amount of token, or someone has a hidden enormous stash, the attacker could clean the pool by dumping them at once. I'm aware of one scam called "YYFI" that did this - you can see the attacker successively getting DAI from the balancer pool. Fortunately for the victims, he wasn't very competent and did everything manually, giving time for people to withdraw. A more competent attacker would automate the pool cleaning process in a smart contract. APR: usually very high - upper three digits or four. It's rarely realized APR because it's calculated assuming that token price stays constant. If you think the token being distributed is undervalued definitely the best option to farm.
  3. Depositing and borrowing funds for defi. Currently utilized by compound and cream (a compound clone). Users get rewarded with tokens for lending and borrowing tokens. Token price risk: zero. Security risk: the most complex to analyze option of all, although Compound itself is definitely the safest defi dapp on ethereum.
Warning: gas fees are high. $10k is probably the minimum amount that makes sense for active manual farming, which still only makes sense for a more long-term farms like COMP or CRV, at the cost of not maximizing APR. I have spent over $3k in gas during the last two months by farming very actively. Below $100k, or if you don't want to spend a lot of time on this, it's probably best to deposit your funds into one of yearn vaults that yield farms for users. https://yearn.finance/vaults
A partial list of current yield farms (feel free to comment with more farms! I can edit and add them to this list):
  • COMP farming, the oldest one (I think?). Relatively low returns (58% on DAI), safe, no price risk. Efficient way to farm is to supply and borrow the same asset (can be done via instadapp) up to maximum leverage possible (with some margin for interest payments).
  • BAL farming, provide liquidity to BAL pools. Safe smart contracts (just don't deposit deflationary tokens). Price risk and APR depends on the pair. https://balancer.exchange/
    See returns for both balancer and compound at https://www.predictions.exchange/
  • YFV finance, one of the many clones of YFI. The seed pool is safe IF you withdraw before the staking period ends (see the security part). Current APR on stablecoins: 121%
  • CRV farming, providing liquidity to curve pools. Mostly safe - curve smart contracts tself are safe, but keep in mind if one of tokens in the pool collapses (renBTC is probably the riskiest) other tokens are going to get drained. You can see the current APR on https://dao.curve.fi/mintegauges. As of now, the highest APR is for compound pool - 105.27%. It's varying and there's complicated game with CRV voting that impacts it.
  • CREAM farming. CREAM is a clone of compound. It's definitely less safe than Compound. Initially, it launched with a direct control by one normal address, but recently they moved to a 5-of-9 multisig.
  • YFII, another YFI clone. Current APR 95%. https://yfii.finance/#/staking
  • Mstable, liquidity providing with stablecoins. APR about 50% (MTA + BAL). https://defirate.com/mta-yield-farming/
  • Zombie, meme token. Current APR is abysmal (33.5%) but token may unexpectedly pump, increasing it. There's a smart contract bug that, as long as rewardDistribution and owner aren't set to zero, potentially allows rewardDistribution to lock all staked funds (not steal). Makes zero sense as of today.
Analyzing security.
Yield farms come and go. The key to earning high returns is to be agile and to jump fast into new farms, which requires manual analysis of security. Of course it's possible to yolo in without any analysis, but I don't recommend it. I'm going to show an example on two recent farming contracts (of the first type - funds just sit in contracts).
Original yearn staking contract. GRAP staking contract. Let's load two codes into a text diff tool, like this site. What interests us on the code level are changes relating to the withdrawal capability, which in the original code are limited to the withdraw() function. We can see that the only substantial change is the addition of the checkStart modifier which prevents both deposits and withdrawals if it's too early. As startime is set directly in source code and can't be modified anywhere, that change is safe - if it doesn't throw on deposit it's not going to throw on withdraw.
The next step is switch to the 'read contract' tab on etherscan and look at two variables: owner and rewardDistribution. In Grap's case, they lead to a timelock contract that requires all changes to wait for at least 24.5 hours - which makes any fund lockup extremely unlikely. At worst, we only have to look at the rewardDistribution contract once a day to see if there's any pending change.
GRAP farming is now finished with no security incidents.
Second example: YFV. This one is still active. Contract link. After comparing them we can see that changes are much more extensive. The withdrawal function also has the checkStart modifier, but that part is fine (ctrl-f to check if starttime can be modified somewhere else - it can't). What's the problem is the checkNextEpoch modifier. There's a lot of things there and three external contract calls (mint calls). If anything in there throws, withdrawal would become impossible. Dangerous. However, that only happens after the staking period ends, so withdrawing before block.timestamp >= periodFinish is relatively safe.
Another check is to look at the owner and rewardDistribution variables. Owner is set to zero, but where's rewardDistribution? Unfortunately, contrary to GRAP, it's private. It's possible to read it with the getStorageAt web3 api (although finding the index is more work - it's 3). However, the team has provided a link to the transaction in which they set rewardDistribution to 0 so it's fine.
In conclusion, as long as you don't hold the funds after the locking period ended there's no security risk here. The current period ends on Tue Sep 1 14:02:29 2020, UTC.
submitted by nootropicat to ethtrader [link] [comments]

Defi Coins List In Detail

A Detail List Of Defi Coin

Lending

Trading

Payments

Wallets

Interfaces

Infrastructure

Analytics

Education

Podcasts

Newsletters

Communities

submitted by jakkkmotivator to Latest_Defi_News [link] [comments]

Bittrex Review: One of the First Crypto Exchanges| Final Part

Bittrex Review: One of the First Crypto Exchanges| Final Part

4. Transaction Fees

Transferring funds across the blockchain and withdrawing them from Bittrex costs a fee for customers, with the rate unique for every coin.
Bittrex Global charges no commission for deposits. Please keep in mind that some tokens or cash may be required to perform a transaction by a crypto coin or token’s community. Bittrex crypto exchange can’t keep away from it.
Every token or coin has a blockchain transaction fee that is built in it, and the Bittrex fee is a small amount to cover this charge. You can view the fee percentage for every coin or token by clicking Withdrawal near to the coin. There you will see a transaction fee you will be charged for withdrawing a specific coin or token.
In the example below, the withdrawal fee amounts to 1 USDT
https://preview.redd.it/209uz2p64zh51.jpg?width=974&format=pjpg&auto=webp&s=9ee9355c4d75d41931a3073b8a230bd1ffddaf08
The transaction fee for Bitcoin came to 0.00050000 BTC
https://preview.redd.it/vh7zbe884zh51.jpg?width=974&format=pjpg&auto=webp&s=e6293650b46a7e0ba661478bd2467471b8b213f9

5. Trading Fees

The fee schedule below provides the applicable rate based on the account's 30-Day Volume and if the order is a maker or taker.
Bittrex Global Fee30 Day Volume (USD)MakerTaker$0k - $50k0.2%0.2%$50k - $1M0.12%0.18%$1M - $10M0.05%0.15%$10M - $60M0.02%0.1%$60M+0%0.08%>$100MContact TAM representative
Trading expenses are incurred when an order is prepared by means of the Bittrex worldwide matching engine. While an order is being executed, the purchaser and the vendor are charged a rate primarily based on the order’s amount. The fee charged by Bittrex exchange is calculated by the formula amount * buy rate * fee. There aren't any charges for placing an order which is not being executed so far. Any portion of an unfinished order will be refunded completely upon order cancelation.
Prices vary depending on the currency pair, monthly trade volume, and whether the order is a maker or taker. Bittrex reserves the right to alternate fee quotes at any time, including offering various discounts and incentive packages.

Monthly Volume

Your buying and selling volume affects the fee you pay for every order. Our expenses are built to encourage customers who ensure liquidity in the Bittrex crypto exchange markets. Your buying and selling charges are reduced according to your trade volume for the last 30 years in dollars.
Bittrex calculates the 30-day value every day, updating every account's volume calculation and buying and selling charge between of 12:30 AM UTC and 01:30 AM UTC every day.
You can check your monthly trade volume by logging in and opening Account > My Activity.
https://preview.redd.it/n1djh2ob4zh51.jpg?width=974&format=pjpg&auto=webp&s=2eebb9c9ac63de207c4dd2e49bc45aeb53a8dec8

6. Withdrawing Funds

Withdrawing any type of funds is likewise simple. You can profit by buying and selling Bitcoin, Ether, or any other cryptocurrency.
You determine the crypto address—to which the amount will be credited—and the transaction amount. The withdrawal fee will be automatically calculated and shown right away.
After confirming the transaction, the finances will be sent to the specified addresses and all that you need to do is to wait for the community to confirm the transaction.
If the 2FA is enabled, then the user receives a special code (via SMS or application) to confirm the withdrawal.

7. How to Trade on Bittrex Global

Currency selling and buying transactions are performed using the Sell and Buy buttons, accordingly.
To begin with, the dealer selects a currency pair and sees a graph of the rate dynamics and different values for the pair.
Below the chart, there is a section with orders where the user can buy or sell a virtual asset.
To create an order, you just need to specify the order type, price, and quantity. And do not forget about the 0.25% trade fee whatever the quantity.
For optimum profit, stay with liquid assets as they can be quickly sold at a near-market rate effective at the time of the transaction. Bittrex offers no referral program; so buying and selling crypto is the easiest way to earn.
https://preview.redd.it/hopm6fih4zh51.jpg?width=1302&format=pjpg&auto=webp&s=68c0aaae86f64c3e6b9d351c3df2a9c331f94038

Order Types

Bittrex helps you alternate Limit and Stop-Limit orders.
A limit order or a simple limit order is performed when the asset fee reaches—or even exceeds—the price the trader seeks. To execute such an order, it is required that there's a counter market order on the platform that has the identical fee as the limit order.

Differences between Limit Order and Stop Limit Order

A stop limit order is a mixture of a stop limit order and a limit order. In such an application, charges are indicated—a stop charge and the limit.

Stop Limit Order Purpose

https://preview.redd.it/hlxvy9ti4zh51.jpg?width=1141&format=pjpg&auto=webp&s=064a77459a4dcb4555a885cbc56629aae10fc38b

Trade Terminal

Let’s discuss how you could trade conveniently with our service.
The key features include a user-friendly interface and precise currency pair statistics (timeframe graphs, network data, trade volumes, and so forth).
The platform’s top-notch advantage is handy, easy-to-analyze, customizable charts. There is also a column for quick switching between currency pairs and an order panel beneath the fee chart. Such an all-encompassing visual solution helps compare orders efficiently and in one place.
You can use the terminal in a day or night mode; when in the night mode, the icon in the upper-right corner changes and notice the Bittrex trading terminal in night mode is displayed. The main menu consists of 4 sections: Markets, Orders, Wallets, Settings.
Markets are the trade section. Bittrex allows handling over 270 currency pairs.
Orders. To see all open orders, go to OrdersOpen.
To see completed orders, go to OrdersCompleted.
Wallets. The Wallets tab displays many wallets for all cryptocurrencies supported by the exchange and the current balance of each of them.
After refilling the balance or creating a buy or sale order, you will see all actions in the section. Bittrex allows creating a separate wallet for every coin. Additionally, you can see how the coin price has changed, in terms of percentage, throughout the day.
Here’s what you can also do with your wallets:
  • Hide zero balances: hide currencies with zero balance
  • Green and red arrows: replenish balance/withdraw funds
  • Find: search for a cryptocurrency
The Settings section helps manage your account, verification, 2FA, password modification, API connection, and many more.

How to Sell

The process of selling crypto assets follows the same algorithm. The only difference is that after choosing the exchange direction, you need to initiate a Sell order. All the rest is similar: you select the order type, specify the quantity and price, and click Sell *Currency Name* (Sell Bitcoin in our case).
If you scroll the screen, the entire history of trades and orders will be displayed below.

LONG and SHORT

You can make a long deal or a short deal. Your choice depends on whether you expect an asset to fall or rise in price.
Long positions are a classic trading method. It concerns purchasing an asset to profit when its value increases. Long positions are carried out through any brokers and do not require a margin account. In this case, the trader’s account must have enough funds to cover the transaction.
Losses in a long position are considered to be limited; no matter when the trade starts, the price will not fall below zero with all possible errors. Short positions, in contrast, are used to profit from a falling market. A trader buys a financial instrument from a broker and sells it. After the price reaches the target level, the trader buys back the assets or buys them to pay off the initial debt to the broker.
A short position yields profit if the price falls, and it is considered unprofitable the price matches the asset value. Performing a short order requires a margin account as a trader borrows valuable assets from a broker to complete a transaction. Long transactions help gain from market growth; short from a market decline.

Trade via API

Bittrex also supports algorithmic trading through extensive APIs (application programming interface), which allows you to automate the trading process using third-party services.
To create an API key, the user must enable the two-factor authentication 2FA, verify their account, and log in to the site within 3 minutes.
If all the requirements of the system are fulfilled, you can proceed to generate the API key. Log in to your Bittrex account, click Settings. Find API Keys. Click Add new key (Create a new key).
Toggle on / off settings for READ INFO, TRADE, or WITHDRAW, depending on what functionality you want to use for our API key.
Click Save and enter the 2FA code from the authenticator → Confirm.
The secret key will be displayed only once and will disappear after the page is refreshed. Make sure you saved it!
To delete an API key, click X in the right corner for the key that you want to delete, then click Save, enter the 2FA code from the authenticator and click Confirm.

Bittrex Bot, a Trader’s Assistant

Robotized programs that appeared sometimes after the appearance of cryptocurrency exchanges save users from monotonous work and allow automating the trading process.
Bots for trading digital money work like all the other bots: they perform mechanical trading according to the preset parameters.
Currently, one of Bittrex’s most popular trading bots is Bittrex Flash Crash Buyer Bot that helps traders profit from altcoin volatility without missing the right moment.
The program monitors all the market changes in the market every second; also, it even can place an order in advance. The Bittrex bot can handle a stop loss—to sell a certain amount of currency when the rate changes in a favorable direction and reaches a certain level.

8. Secure Platform

Bittrex Global employs the most reliable and effective security technologies available. There are many cases of theft, fraud. It is no coincidence that the currency is compared to the Wild West, especially if we compare the 1800s when cowboys rushed to the West Coast of America to earn and start something new in a place that had no rules.
Cryptocurrency is still wild. One can earn and lose money fast. But Bittrex has a substantial security policy thanks to the team’s huge experience in security and development for companies such as Microsoft, Amazon, Qualys, and Blackberry.
The system employs an elastic, multi-stage holding strategy to ensure that the majority of funds are kept in cold storage for extra safety.
Bittrex Global also enables the two-factor authentication for all users and provides a host of additional security features to provide multiple layers of protection.
Bittrex cold wallet: https://bitinfocharts.com/en/bitcoin/address/385cR5DM96n1HvBDMzLHPYcw89fZAXULJP

How to Pass IP Verification

To ensure higher security of your Bittrex Global account, the system requires all users to approve each new IP address through an email confirmation. This IP verification procedure is required every time you attempt to log in from a new IP Address.
Confirming your IP address.
https://preview.redd.it/rnl730z75zh51.jpg?width=971&format=pjpg&auto=webp&s=bd13fba0a844ab01cadc40003f5ea5de7439cbf9
The new IP address must be confirmed from the device that you are using to access Bittrex Global. This means that you must follow the CLICK HERE TO LOGIN link in an email on the device that you want to use to access your account.
https://preview.redd.it/tq9eje795zh51.jpg?width=607&format=pjpg&auto=webp&s=160b2ebfd1b9e0a287d4d2b99017dd45518ef2f7
To ensure even more security, Bittrex Global supports whitelisting of IP addresses and Crypto addresses. These two features can help protect the account in the event of credentials or API key loss.

How to Add IP Address to Whitelist

By setting one or more whitelisted addresses, you are telling Bittrex Global to only authorize trades or withdrawals from those IPs. This concerns both the global.bittrex.com web interface and API-based trades or withdrawals. To do this, click IP Whitelist in Site Settings.
https://preview.redd.it/m2klahja5zh51.jpg?width=971&format=pjpg&auto=webp&s=7cfb941ecb5284973baed1a2b0301459e36a0ab6

How to Add Crypto Address to Whitelist

By setting a withdrawal address, you are telling Bittrex Global to authorize withdrawals only to that address.
This concerns both the global.bittrex.com web interface and API based withdrawals.
Note that when opting into this feature, you need to specify a withdrawal address would like to withdraw funds from for every currency. To do this, click Withdrawal Whitelist in the Site Settings section. The example below shows a BTC address.
https://preview.redd.it/yrror8zd5zh51.jpg?width=974&format=pjpg&auto=webp&s=179dd7da9f6e59d3fca628cbfcd2c3962562f911

Afterword

Bittrex Global is a reliable and advanced platform for trading digital assets with a respected reputation, long history, and active market presence and development nowadays. The exchange is eligible to be used globally, including the US and its territories.
The legal component of Bittrex Global is one of the most legitimate among numerous crypto-asset exchanges.
The Bittrex team has had great ambitions and managed to deliver promises and more. The exchange staff comprises forward-thinking and exceptional individuals whose success is recognized in the traditional business and blockchain sector.
Bittrex's purpose is to be the driving force in the blockchain revolution, expanding the application, importance, and accessibility of this game-changing technology worldwide.
The exchange fosters new and innovative blockchain and related projects that could potentially change the way money and assets are managed globally.
Alongside innovation, safety will always be the main priority of the company. The platform utilizes the most reliable and effective practices and available technologies to protect user accounts. Bittrex customers have always primarily been those who appreciate the highest degree of security.
Because of the way the Bittrex trading platform is designed, it can easily scale to always provide instant order execution for any number of new customers.
Bittrex supports algorithmic trading and empowers its customers with extensive APIs for more automated and profitable trading.
One of the common features which is not available on the exchange is margin trading. No leverage used however adds up to the exchange's stability and prevents fast money seekers and risky traders from entering the exchange.
Bittrex is a force of the blockchain revolution and an important entity of the emerging sector.
The full version
First part
Second part
submitted by mPrestige to revain_org [link] [comments]

BG Learning Season 2 — PROXI DeFi

BG Learning Season 2 — PROXI DeFi

https://preview.redd.it/l5jhtxp8d4i51.png?width=1024&format=png&auto=webp&s=15c249e265428113461bfe746aeb73588b3c3d8d
BG Learning Season 2 Rules:
  1. Voting Duration:Aug 24, 2020, 10:00 to Aug 24, 2020, 21:59 (UTC+8)
  2. Holding and Trading Volume Calculating Time: Aug 10, 2020, 00:00 to Aug 23, 2020, 23:59 (UTC+8)
  3. The number of votes in the voting events are allocated based on the asset holdings and transaction amount of Bithumb Global users (excluding low commission rate market maker accounts).
  4. The total number of votes users hold is calculated as follows:
  • The number of votes the user gets due to asset holdings is the average net asset holdings (including spot assets and Margin Trading assets, and deducting borrowed assets in Margin Trading) in the account 14 days before the voting. For every 200 USDT equivalent of tokens holdings include BTC, ETH and USDT, one vote can be obtained, and for every 200 USDT equivalent of tokens holdings other than BTC, ETH and USDT, 0.5 votes can be obtained.
Number of votes obtained for asset holding =
[ Total value of BTC, ETH & USDT holdings / 200 *1 + Total value of the tokens holdings other than BTC, ETH and USDT/ 200 * 0.5 ]
  • The number of votes the user gets due to the transaction amount is the total transaction amount 14 days before the voting, and 1 vote can be obtained for every 100 USDT transaction.
  • Total number of votes = number of votes obtained by asset holdings + number of votes obtained by transaction amount.
For example, The average net assets holdings in the 14 days of user A are 820 USDT equivalents of BTC, ETH and USDT, 1,240 USDT equivalent of tokens other than BTC, ETH and USDT, and the total transactions amount in the 14 days is 930 USDT. The user can get 7 (4+3) votes due to asset holdings and 9 votes for the transaction amount, and the final votes the user can get is 16 (7+9) in total.
  1. Voting form
The voting event adopts the form of answering questions, and the questions are related to the listing projects. If the user answers correctly, all of the user’s votes will be counted in the projects as valid votes, and the number of the total votes is calculated according to the number of valid votes of all users; if the user answers incorrectly, the user’s votes will not be counted in the total number of votes, and no rewards will be obtained.
  1. Target votes: 10,000 votes
After the voting is over if the total number of users’ votes reaches the target number of 10,000 votes, it is passed and the relevant tokens will be listed。
  1. Prize Pool: 25,000 CREDIT
After the event is over 25,000 CREDIT will be airdropped. All users who have answered correctly will share the tokens according to the proportion of their votes to the total votes of the event.
  1. Reward distribution: Aug 25, 2020
Join: BG Learning Season 2
About PROXI DeFi :
PROXI is DeFi 2.0 for Cross Chain Derivative Issuance and Credit Lending. PROXI provides the smartest way to invest derivative assets and earn interests with credit-based high leverage tools through the decentralized secure protocol. The mission of PROXI is to build a one-stop platform for cross-chain multi-asset collateral service, Credit-based lending, derivative issuance, trading and asset management in the DeFi area, providing users with revolutionary, decentralized, and risk-minimized financial products.
Symbol: CREDIT
Official Website: https://proxidefi.com/
Whitepaper: https://proxidefi.com/wp-content/uploads/PROXI-Pitchdeck.pdf
submitted by BithumbGlobal to BithumbGlobal [link] [comments]

Cryptarbitrage’s Deribit Spreadsheets Calculation Tools

Perpetuals, Futures, and Options can present quite a steep learning curve, fear not though as we have an incredible collection of Google Sheets and Excel Spreadsheets to help both the basic as well as most advanced users! We can also strongly recommend reading our Educational and Market Research articles as many traders find them to be invaluable resources.

One of our talented Community Managers, Cryptarbitrage, has created and maintains to the best of his ability a series of tools to both help Deribit users learn more about BTC & ETH Perpetuals, Futures, and Options as well support more advanced traders increasing technical needs.
A short introduction by Cryptarbitrage:
"Although I was aware of options beforehand I only started properly researching them in early 2018 after I discovered the Bitcoin options on Deribit. I do not need much encouragement to build a spreadsheet for something so quickly set about created an Excel sheet that would show me the profit and loss of any options position I entered.
This was a great way to learn all the profit and loss formulas for each type of option as well as how different option combinations interacted with each other. As soon as this sheet was complete I was building positions I still didn’t even know the proper names for so was very much learning by doing. It was immediately obvious to me though that options were the type of instruments I wanted to trade.
After a few months and once I’d done some more reading and was more confident I actually knew what I was talking about I began creating shareable versions in google sheets and sharing them with the Deribit community."
Feel free to ask for some help or guidance in our English Telegram Community.
Cryptarbitrage’s Twitter: https://twitter.com/cryptarbitrage
Cryptarbitrage’s Telegram: u/Cryptarbitrage
English Telegram Community: https://t.me/deribit

Deribit's Position Builder
Link: pb.deribit.com
It is invaluable to be able to see the potential profit/loss, implied volatility of a single or multiple positions quickly, and adhoc. This allows you to check the results of either simulated positions, the live positions of your account, or a combination of these all across multiple instruments including Perpetuals, Futures, and Options at the same time.
The Position Builder can be used to analyze the results of either existing or simulated results. As it uses market data from Deribit it provides a quick tool to check the results before adding positions into a portfolio.
Development Credit to the core Deribit development team

Scenario Risk Analysis “Maximum Pain” - Excel Spreadsheet
Link: https://drive.google.com/file/d/1ANS1CgApJCDTX5ZjUwO_fegU7Z-QVSdt/view
A resource to visualize the Open Interest at the present moment as well as the current price of maximum pain for option buyers.

Basic Resource Tools

Simple Perpetual/Future Position Size Calculator - Google Sheet
Google Sheet Link: https://docs.google.com/spreadsheets/d/1gQh11IJgb4HOt8B-HDWG_HX9hta1832piynuI4k-v-A/edit?usp=sharing
This spreadsheet allows you, in both BTC, ETH, and USD, to provide the amount you are willing to risk and to determine the relative size of the position you should take to achieve this.

Simple Options Profit/Loss - Google Sheet
Google Sheet Link: https://docs.google.com/spreadsheets/d/1FRbKfvlr721ZIyPNsLwI0_WtGhuvdWfWLC-UOE1Yi1A/edit?usp=sharing
A means to learn how to manually create your own options mathematics which can be applied across your own spreadsheets, programs, and possibly automated trading tools.

Simple Perpetual/Futures Liquidation Price - Google Sheet
Google Sheet Link: https://docs.google.com/spreadsheets/d/1tcb-NzRV_ATDlkKi8LqTorpGYQyv0DQgj9W_AbIFJ2M/edit?usp=sharing
An easy and quick to use tool to assess your estimated liquidation price, present Leverage as well as expected Maintenance Margin requirements.

Deribit Margin Requirement Calculations - Google Sheet
Google Sheet Link: https://docs.google.com/spreadsheets/d/1xSb8Y_nVF1-8ICZHfQNjDWaeqBjqQfGzrYR7Ymgvi84/edit?usp=sharing
A simple tool to understand and visualize both your Initial Margin (IM) and Maintenance Margin (MM) requirements for Perpetuals, Futures, and Options.

Simple Leverage Examples - Google Sheet
Google Sheet Link: https://docs.google.com/spreadsheets/d/1CIcEq-0V2LeNeMos68MdMN-DqEDvKVclcqc5LVhFSAo/edit#gid=0
A quick and easy way to understand how leverage works on Deribit!


Education

Introduction to Cryptocurrency Options (BTC & ETH)
Link: https://insights.deribit.com/exchange-updates/introduction-to-bitcoin-options-profit-loss/
An introduction specifically to BTC Options, which can be applied to ETH Options, describing the basics of options and the specifics of cryptocurrency options on Deribit.
Introduction to Leverage and Margin
Link: https://insights.deribit.com/education/introduction-to-leverage-and-margin/
An introduction to Leverage and Margin on the Deribit Exchange.
Hedging the USD value of your BTC or ETH on Deribit
Link: https://insights.deribit.com/education/hedging-usd-value-by-shorting-1x/
An introduction as to how to peg your present cryptocurrency holdings (BTC or ETH) at the present market value of BTC/USD or ETH/USD for each asset on Deribit.
Comprehensive Resource Tools
Comprehensive Options Profit/Loss - Google Sheet
Google Sheet Link: https://docs.google.com/spreadsheets/d/1vWn9f7kJ73ufuP8qa05Ct76DO58WkwyXVsGcUP2fkMY/edit#gid=1852961659
Learn how to create advanced multi-leg option positions as well as test possible edge cases or specific scenarios.

Market Data

If you are a retail trader and would like to pull historical data we recommend you use our API. If you would like data prepared or more specific data we recommend taking a look at our data providing partners.
Deribit Perpetual Historical Funding Rates - Google Sheet
Google Sheet Link: https://docs.google.com/spreadsheets/d/1XHLiXHdFWKeXBc2WaqCp5-amcHzAyuorp7bW-Y8XfXI/edit?usp=sharing
A simple sheet to either manually check or use as your data source for funding rates across both BTC Perpetuals and ETH Perpetuals on Deribit.

Excel Tools:

Live Deribit Trading Data - Excel Spreadsheet
Link: https://insights.deribit.com/exchange-updates/live-data-in-excel/
A fully-featured Excel spreadsheet that can either serve as your central resource to pull live data from the Deribit Exchange or can form the base of building your own advanced spreadsheet.
Pull Old Data with an Excel Spreadsheet
Link: https://docs.google.com/document/d/1e_cWT2XZ_OXuckobcTMJU4lLI72zrzsdRkZWY-xmghE/edit
This can be appended to the “Live Deribit Trading Data - Excel Spreadsheet” or included in your very own to pull historical data.
Pull Options’ Greeks with an Excel Spreadsheet
Link: https://docs.google.com/document/d/1zaj1YIP6k3sQuG2QSqzkT77rxqdZDTZ5UiJCnqScgPU/edit
This can be appended to the “Live Deribit Trading Data Excel Spreadsheet” or included in your very own spreadsheet.
Pull Open Interest with an Excel Spreadsheet
Link: https://docs.google.com/document/d/1SRRAAmDj8c75AzDwqvDO4i1dCnXQMRLC_C6wUMLAo-E/edit
This can pull the present Open Interest of an instrument using the aforementioned “Live Deribit Trading Data - Excel Spreadsheet” or demonstrate the functionality for you to incorporate in your own spreadsheet.
--------------------------------------------------------------------------------------------------------------------------
Credit must go to Cryptarbitrage for the creation of all Google Sheets and extended Code Snippets for Excel and Lennard for the creation of the original Excel Spreadsheet.
June - 2020
submitted by ElliotP_DeribitCM to DeribitExchange [link] [comments]

BG Learning Season 1 - MANTRA DAO(OM)

BG Learning Season 1 - MANTRA DAO(OM)

https://preview.redd.it/un20ylvc1cg51.png?width=1024&format=png&auto=webp&s=64b592ec489d965d16e60751b633aa8859edb679
BG Learning Season 1 Rules:
1. Voting DurationAug 17, 2020, 10:00 to Aug 17, 2020, 21:59 (UTC+8)
2. The number of votes in the voting events are allocated based on the asset holdings and transaction amount of Bithumb Global users (excluding low commission rate market maker accounts).
3. The total number of votes users hold is calculated as follows:
  • The number of votes the user gets due to asset holdings is the average net asset holdings (including spot assets and Margin Trading assets, and deducting borrowed assets in Margin Trading) in the account 14 days before the voting. For every 200 USDT equivalent of tokens holdings include BTC, ETH and USDT, one vote can be obtained, and for every 200 USDT equivalent of tokens holdings other than BTC, ETH and USDT, 0.5 votes can be obtained.
Number of votes obtained for asset holding =
[ Total value of BTC, ETH & USDT holdings / 200 *1 + Total value of the tokens holdings other than BTC, ETH and USDT/ 200 * 0.5 ]
  • The number of votes the user gets due to the transaction amount is the total transaction amount 14 days before the voting, and 1 vote can be obtained for every 100 USDT transaction.
  • Total number of votes = number of votes obtained by asset holdings + number of votes obtained by transaction amount.
For example: The average net assets holdings in the 14 days of user A are 820 USDT equivalent of BTC, ETH and USDT, 1,240 USDT equivalent of tokens other than BTC, ETH and USDT, and the total transactions amount in the 14 days is 930 USDT. The user can get 7 (4+3) votes due to asset holdings and 9 votes for the transaction amount, and the final votes the user can get is 16 (7+9) in total.
4. Voting form
The voting event adopts the form of answering questions, and the questions are related to the listing projects. If the user answers correctly, all of the user’s votes will be counted in the projects as valid votes, and the total votes number is calculated according to the number of valid votes of all users; if the user answers incorrectly, the user’s votes will not be counted in the total number of votes, and no rewards will be obtained.
5. Target votes: 10,000 votes
After the voting is over, if the total number of users' votes reaches the target number of 10,000 votes, it is passed and the relevant tokens will be listed。
6. Prize Pool: 100,000 OM
After the event is over, 100,000 OM will be airdropped. All users who have answered correctly will share the tokens according to the proportion of their votes to the total votes of the event.
7.Reward distribution: Aug 18, 2020(UTC+8)
Go to the website to join: BG Learning Season 1
Note: APP version is expected to be launched on August 13rd
About MANTRA DAO :
MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO focuses on staking and lending to give financial control back to the people to grow wealth together.
Symbol: OM
Official Website: www.mantradao.com
Whitepaper: https://mantradao.com/files/MANTRA_DAO_Whitepaper_v1.1.pdf
submitted by BithumbGlobal to BithumbGlobal [link] [comments]

MCS | BTC Jackpot Deposit Event!

MCS | BTC Jackpot Deposit Event!

https://preview.redd.it/0wqz9f7zzph51.jpg?width=1024&format=pjpg&auto=webp&s=cd38c8dc7da9fe9cd7809e751574ebff79f68cac
#Be_a_Trader!
Greetings from MCS, the derivatives trading platform where traders ALWAYS come first.

Thanks to the interest and support of MCS traders, MCS has experienced tremendous growth in approximately two months since the launch on June 15th. For this, the MCS team would like to express sincere gratitude to all the MCS traders. As a response, we would like to reward our traders with the 🔸 Jackpot Bitcoin Deposit Event🔸 ! 🎉

🗣 Jackpot Bitcoin Deposit Event Round 1 : 10% Bonus on Deposited BTC

When you deposit bitcoins on the MCS cryptocurrency derivatives exchange, 🔸10% bonus of the deposit amount🔸 will be credited.
Example: If you deposit 1 BTC into the MCS, we will give you an additional 0.1 BTC as a bonus.

🗣 Jackpot Bitcoin Deposit Event Round 2: 20% Bonus Payment to Bitcoin Deposit King

During the Jackpot Bitcoin Deposit Event, the top 3 net Bitcoin Depositing Traders will receive an additional 🔸20% bonus🔸 of the net deposit amount.
*Bitcoin Net Deposit Amount = Deposit During Event Period - Withdrawals During Event Period
Example 1. If you deposit 1 BTC during the event and have been selected as the Bitcoin deposit king, we will pay an additional 0.2 BTC, a bonus of 20% of the deposited 1 BTC.
Example 2. If you withdraw 0.5 BTC after depositing 1 BTC during the event, the ranking is calculated with the net deposit amount of 0.5 BTC. If you are selected as a Bitcoin deposit champion, you will receive an additional 0.1 BTC, a 20% bonus of 0.5 BTC.

Event Details

🔸 Event Period : 9AM UTC August 13 ~ 9AM UTC August 27 2020
🔸 Round 1 Event Distribution : Within 12 hours of deposit
🔸 Round 2 Champion Announcement & Distribution : 9AM UTC September 10 2020

RULES

1️⃣ The maximum bonus is limited for to 0.1 BTC for the Jackpot Bitcoin Deposit Event Round 1. (If you deposit more than 1 BTC, up to 0.1 BTC will be credited)
2️⃣ For Jackpot Bitcoin Deposit Event Round 1, you can make multiple deposits but the bonus will be limited to 0.1 BTC in total.
3️⃣ The maximum bonus is limited for to 0.4 BTC for the Jackpot Bitcoin Deposit Event Round 2. (If you deposit more than 2 BTC, up to 0.4 BTC will be credited)
4️⃣ For Jackpot Bitcoin Deposit Event Round 2, if the champions have the same deposit amount, the trader who deposited first will be prioritized.
5️⃣ The Jackpot Bitcoin Deposit Event rewards will be distributed as bonuses
6️⃣ Bonuses on MCS can be used for position margin, trading fees, trading loss and funding fees. The bonus will be used on a 5:5 ratio with your deposited assets.
7️⃣ All bonuses will be recalled upon any withdrawal.
8️⃣ The final interpretation of the event is held by MCS, and the event content may be partially changed or canceled depending on the circumstances.

Traders ALWAYS come first on MCS.
Thank you.

MCS Website: https://mycoinstory.com/
MCS Official Twitter (EN): https://twitter.com/mycoinstory_mcs
MCS Official Facebook: https://www.facebook.com/MyCoinStory.official
MCS Telegram Chat (EN): https://t.me/mycoinstory_EN
submitted by MyCoinStory to MyCoinStory [link] [comments]

MCS | What is a Maker Order?

MCS | What is a Maker Order?
\This post has been written by Hedgehog, an MCS influencer and one of Korea's famous cryptocurrency key opinion leaders.*

https://preview.redd.it/q0tkgt1m0qh51.png?width=1024&format=png&auto=webp&s=6eaa7d2c9ea2acc0c7bc5a1a237e8f96f3a82aa3
#Be_a_Trader!
Greetings from MCS, the derivatives trading platform where traders ALWAYS come first.

Today, I'm going to explain about the Maker Order, one of the must-know concepts that you should be familiar with while trading bitcoin margin.
There are three main types of orders that you submit for bitcoin margin trading. There are Maker orders, Taker orders, and Hidden orders. In this post, I'm going to tell you more about the Maker order, and how to calculate the trading rebate.

🎯 Maker order

Maker orders are the orders that take place in the order book, not orders that are executed as soon as you place them.

https://preview.redd.it/weihutrr0qh51.png?width=617&format=png&auto=webp&s=0f45452442b8e8ab7791a5a2b25bcd0ed2a0421b
Let's assume that there is an order book like the one above. If you place an order to sell 10,000 contracts for $12,363, 10,000 contracts will be accumulated in 49,363 contracts already stacked at $12,363. The case where your orders are accumulated in the order book is called a maker order. If you place an order to sell 10,000 contracts at $12,362, since 23,404 purchase contracts are already accumulated at $12,362, my 10,000 contracts do not accumulate in the order book. This will be a Taker order, not a Maker order. Taker orders will be explained in more detail in the following blog post.

🎯 Advantages of a Maker Order

As explained above, Maker orders serve to provide liquidity for other traders as the buy or sell balances are accumulated in the order book. Therefore, in the MCS BTC/USDT perpetual contract product, the trader who successfully concludes the trading with a maker order does not pay a trading fee, but rather receive a fee rebate of 0.025%.

🎯 Maker Rebate Fee Calculation

You can calculate how much rebate you can get for placing a Maker order using the following formula:
💡 Maker Order Rebate Formula = Position Value * 0.025%Example)
In the above order book, if I submit 10,000 contracts for $12,363 as a Maker order, and this order is successfully executed by someone, the Maker rebate I receive is as follows:
💡 Position value = (10000 / 12363) = 0.80886516 BTC
The position value can be calculated through (Contract Quantity / Transaction Price), and the position value of 10,000 contracts for $12363 is 0.80886516 BTC.
Multiply this position value by 0.025% to get the rebate I will receive.
💡 0.80886516 * 0.025% = 0.00020222 BTC
Therefore, if the Sell Maker order of 10,000 contracts for $12,363 is successfully executed, I will receive a rebate of 0.00020222 BTC to my balance.
Since the rebate for maker orders is different for each perpetual contract product, it is recommended that you check the fee information before trading and then trade.

I am a Bitcoin margin trader, Hedgehog. Thank you for reading this post.
🔸 MCS Official Website : https://mycoinstory.com
🔸 MCS Telegram : https://t.me/mycoinstory_en

Traders ALWAYS come first on MCS.
Thank you.

MCS Official Twitter (EN): https://twitter.com/mycoinstory_mcs
MCS Official Facebook: https://www.facebook.com/MyCoinStory.official
submitted by MyCoinStory to MyCoinStory [link] [comments]

DUSK Trading Contest: $ 100,000 Draw! Binance

https://www.binance.com/ru/register?ref=28030971 DUSK Trading Contest: $ 100,000 Draw!
Binance

Binance and Dusk Network have donated $ 100,000 in DUSK tokens as a prize in honor of the upcoming Dusk Block Generator staking launch.

Competition period: from 08/12/2020 3:00 to 08/19/2020 3:00 (Moscow time)

Promotion A: Exclusive Rewards for NEW USERS!
Every user who signs up for a Binance account during the contest period and completes any of the two tasks below will win $ 10 in DUSK tokens. Rewards will be distributed on a first-come, first-served basis to the first 1000 users who qualify. In this case, participants will be sorted by the time of registration of their accounts.
Reach the volume of 3,000 or more DUSK tokens (in purchases and sales) in pairs with DUSK.
Deposit 3,000 or more DUSK tokens to your Binance account from a third-party wallet or exchange.
Promotion B: Trade DUSK - Take part in the $ 70,000 DUSK Token Draw!
The top 30 users, ranked in terms of actual trading volume, will share a prize pool of $ 40,000 in DUSK tokens. Rewards will be divided based on the total trading volume of each user as a share of the total effective trading volume of 30 users during the period.
Calculation of the amount of remuneration:
Reward for each of the top 30 users = (Actual total trading volume of each user / Actual total trading volume of the top 30 users) * USD 40,000 in DUSK.
Bonus:
During the contest, all users with a rating above 30 with an aggregate trading volume (including purchases and sales) of 30,000 DUSK or more will split the prize pool of USD 30,000 in DUSK tokens equally.
Promotion C: Trade DUSK to receive a reward of $ 200 in DUSK Tokens.
Users finishing 99th, 199th, 299th, 399th (and so on up to 9,999) based on DUSK trading volume (including purchases and sales) during the contest period will receive a $ 200 reward USA in DUSK tokens.
Terms and conditions:
If you don't have a Binance account yet, click here to get 10% discount on trading fees. The 10% discount on Spot Trading Commissions will remain in effect for as long as the Binance Referral Program is active. A 10% discount on the inviting party futures trading commission will be valid for 30 days from the date you activate your Binance Futures account.
Suitable trading pairs with DUSK : DUSK / USDT, DUSK / BTC
Members are not eligible for multiple prizes in promotions B and C.
During the contest period, Binance will use the average price of DUSK / USDT trading pairs as the DUSK / USDT exchange rate for distributing rewards.
In the final calculation, the trading volume of the sub- and margin accounts will be combined with the volume on the main accounts. For this competition, each sub-account will not be counted as a separate account.
When calculating the volume of trade, both purchases and sales are taken into account, with the exception of voh-trading.
Binance reserves the right to exclude transactions related to Wash trading made using mass account registrations aimed at manipulating the market, etc.
The awards will be distributed within two weeks of the end of the competition. To view your rewards go to: User Center> Wallet> Distributions.
Binance reserves the right to cancel, change the activity or its rules at its sole discretion.
Risk Warning: Investing in cryptocurrencies carries a high market risk. Binance is not responsible for any direct, indirect, or consequential damages arising from a trading competition. Make your investments with care.
submitted by Grutttt to CryptoAirdrop [link] [comments]

Earn While You Learn With BG Learning!

Earn While You Learn With BG Learning!

https://preview.redd.it/1gxrid018qg51.png?width=1024&format=png&auto=webp&s=095b4c3d53440600f847dfcdde7680859f1ae38d
“Blockchain is interesting. And some blockchain ventures look promising. Anyhow, I don’t plan on investing with my half-baked knowledge about the project.”
This is probably the most frequent response from investors when asked about blockchain and crypto investments.
Want to venture into crypto investment but just can’t seem to keep up with the hard to crack terms and rules?
Don’t worry. We have got it sorted out for you.
Bithumb Global is launching a learning zone named BG Learning with an aim to foster premium projects and give back to our community for their overwhelming support throughout these years.
By signing up for our BG Learning, you can learn more about the project in question and collect project tokens as rewards for your level of understanding.
BG Learning will be an interactive platform where discussions on premium blockchain projects are held to create a buzz around the project. A variety of content-rich Q&A sections will be hosted on the platform from time to time giving users the opportunity to learn in detail about new blockchain ventures. This way, investors can get their doubts cleared from experts and take the plunge into blockchain investment without falling prey to traps, hoaxes, and misunderstandings.
If you are new to blockchain, BG Learning will be an ideal place for you to get started. So, how does BG Learning really work? Let’s take a look.
The Voting Form
On BG Learning, the voting event consists of a series of questions related to the blockchain projects listed on the program. Users have to learn about the project prior to the voting event and answer the questions correctly. If so, the user’s votes will be taken into account and rewards will be given accordingly. But if the user fails to give the right answers to the questions, the votes will be discredited and the user earns no tokens as a result.
How are Votes Calculated?
In the voting events, the basis of the number of votes allocated will be the assets held by Bithumb Global users and the amount they have transacted on the platform. However, low commission rate market maker accounts will be excluded.
The number of votes a user is eligible to cast is determined as follows:
The total number of votes a user is eligible to = number of votes given for asset holdings + the number of votes given for the total transaction amount on the platform.
Where,
A. The number of votes users are awarded on account of their asset holdings is calculated as the average of their net asset holdings in the account 14 days before the voting. This includes spot assets and margin trading assets, excludes borrowed assets in margin trading.
= [Total value of BTC, ETH & USDT holdings / 200*1 + Total value of the tokens holdings other than BTC, ETH and USDT/200*0.5]
B. For every 100USD transaction made in the 14 days before the voting event, the user is eligible for one vote.
Let us take a real-life example to explain this better.
The average of net assets held by Mr. Jake in the 14 days before the voting event are -
  1. BTC, ETH, and USDT amounting to USDT 410.
  2. Tokens other than BTC, ETH, and USDT amounting to USDT 620.
And the total transactions made by Mr. Jake in the 14 days before the voting event amounts to USDT 465.
Thus, the total number of votes Mr. Jake will be eligible to = (The value of BTC, ETH, and USDT / 200 * 1) + (The value of tokens other than BTC, ETH, and USDT / 200 * 0.5) + ( total transactions made in the past 14 days / 100* 1)
= (410/200) + (620/200*0.5) + (465/100)
= 2.05 + 1.55 + 4.65
= 2 + 2 + 5
= 9 votes.
Please note that if we come across any discrepancies or receive complaints regarding the transactions and holdings and they are confirmed to be true, we reserve the right to cancel the votes.
The final interpretation of the calculation of votes and tokens will be made by Bithumb Global.
Rewards
Learning about the blockchain ventures will help you make the right investment decision. The reward-based system followed on BG Learning will motivate investors to get to know about the projects they are going to invest in before committing any mistake due to a lack of understanding.
Once the voting event is wrapped up, a definite amount of project tokens will be airdropped for the users. If your voting event had gone great and you had answered the questions correctly, you will get your share of reward tokens. The airdropped tokens will be distributed among users who had answered correctly based on the proportion of their votes to the total votes in the event.
For instance, a voting event had 50 votes in total. If 5000 tokens are airdropped and you were eligible for 5 votes, your share of tokens will be,
5000 * 5/50 = 500 tokens.
Come, Be a Part of BG Learning
The massive interest seen in cryptocurrency trading in the wake of the economic downturn owing to the global pandemic is only set to increase with each passing day. However, like any other assets, crypto trading is also fraught with risks. However, the risk:reward ratio in case of cryptocurrency trading is much more than traditional assets. That makes it more exciting and difficult to crack.
However, with BG learning, we endeavor to make blockchain investing informative and fun, so that you can invest in promising blockchain projects with a full understanding and with a high level of confidence. This will eventually enhance your chances of earning handsome profits.
BG Leaning Season 1 Launches — MANTRA DAO
MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO focuses on staking and lending to give financial control back to the people to grow wealth together.
Check out more on >> https://www.bithumb.pro/en-us/learning
submitted by BithumbGlobal to BithumbGlobal [link] [comments]

MCS | Shall we find financial freedom through Bitcoin Derivatives Trading?

MCS | Shall we find financial freedom through Bitcoin Derivatives Trading?
\This post has been written by Hedgehog, an MCS influencer and one of Korea's famous cryptocurrency key opinion leaders.*

https://preview.redd.it/652sev9bnjf51.png?width=1080&format=png&auto=webp&s=44eb34377752668e30cb5d6f156fe3ea5d091b89

#Be_a_Trader!

Greetings from MCS, the derivatives trading platform where traders ALWAYS come first.

The global gold price continues to rise. The gold price ended at $2049.30, up 1.4% ($28.30) per ounce for December delivery on the New York Mercantile Exchange on the 5th local time. For the first time in history, the gold price hit the $2,000 per ounce mark and settled to the $2,050 mark in a day. It is an unprecedented rise in gold price with an increase during 4 consecutive trading days and hit record highs 7 times in the last 8 trading days.
The cryptocurrency market also showed strong increases last night. As of 20:00 UTC, the bitcoin price was 11693.51 dollars, up 3.96% from the previous day, and Ethereum and Litecoin rose 3.17% and 3.29%, respectively. Also, Bitcoin dominance recorded 60.8%.
With the rise of international gold prices, traders around the world are naturally watching the bitcoin price. Today, we will share how you can realize profits through the trading of bitcoin derivatives, the perpetual contracts.

💡 "Bitcoin Derivatives Perpetual Contract Trading is a Trade of Contracts."
Understanding contract trading is the most difficult part for existing stock traders and traders who trade cryptocurrency spots when trading perpetual contracts. Let's take a closer look at the example of trading stocks and bitcoin derivatives below.

https://preview.redd.it/6xuv85sdnjf51.png?width=1280&format=png&auto=webp&s=81c2362ea79efd3f38ec0aef9b277b301c140b47
In the case of stocks, the money required to buy a stock of $5,000, you pay $5,000. If you buy one share of the stock for $5,000 and then sell the stock when the stock reaches $6,000, you realize a profit of $1,000.

https://preview.redd.it/v1nmsgqenjf51.png?width=1280&format=png&auto=webp&s=e8b763b72c527a8e422baa3f4c9e7c44b4245a91
As mentioned above, contracts are traded in the case of perpetual contracts. However, the value of each contract is roughly the same for each derivatives exchange. With MCS's BTC/USDT perpetual contracts as an example, 1 contract is worth 1 USDT.

💡 "1 Contract = 1 USDT? How do I trade that with Bitcoin?"
Assuming the price of bitcoin is 10,000 USDT, how many contracts can I buy on the BTC/USDT perpetual contracts with 1 BTC? As each bitcoin is worth 10,000 USDT, 10,000 contracts worth 1 USDT can be bought or sold.
So the question here, if the price of bitcoin is 20,000 USDT and I have 1 BTC, how many BTC/USDT perpetual contracts can I buy from MCS?
It would be 20,000 contracts. The easy way to figure this out is with this formula. "present value / contract value of bitcoin". In this formula, if the present value of bitcoin = 20,000 USDT and the contract value = 1 USDT, if substituted, it becomes 20,000/1 = 20,000 contracts.

💡 "Now I understand the concept of contracts, so how do I make profits??"
Bitcoin perpetual contracts have a long position that predicts the price increase and a short position predicting the price decrease. This revenue calculation part is well explained in the help center of MCS.
MCS Perpetual Contracts Profit and Loss Calculation :
https://help.mycoinstory.com/hc/en-us/articles/360040633252-Profit-and-Loss-Calculation-Overview

🎯 "You don't have to be excellent to start, but you have to start to be great." - Les Brown
If you are a trader who wants to realize economic freedom through cryptocurrency trading, I recommend the trading perpetual contracts on MCS. Firsts are always difficult and feels unfamiliar. However if you adapt and build up your know-how, it is like acquiring a new weapon that others do not have. If there are traders being lazy in learning due to the difficulty, MCS provides online customer support 24/7, so if you do not understand something, please get help from the MCS support team.

This is it from the margin trader Hedgehog.
*Bitcoin derivatives trading is a high-risk, high-return investment, so it is recommended to fully understand all related matters before trading.

Traders ALWAYS come first on MCS.
Thank you.

MCS Website: https://mycoinstory.com/
MCS Official Twitter (EN): https://twitter.com/mycoinstory_mcs
MCS Official Facebook: https://www.facebook.com/MyCoinStory.official
MCS Telegram Chat (EN): https://t.me/mycoinstory_EN
submitted by MyCoinStory to MyCoinStory [link] [comments]

Bithumb Global Launches BG Learning

Bithumb Global Launches BG Learning

https://preview.redd.it/glrp6n0jpjf51.png?width=1024&format=png&auto=webp&s=c4f04c7f19fffbf202553dbfeb6407637ba6ef8b
To promote premium projects and give back to our users’ support, Bithumb Global is now launching a BG Learning section, where you can obtain project tokens while knowing more about the project. The specific content is as follows:
About BG Learning:
BG Learning is a learning zone launched by Bithumb Global and an interactive platform for blockchain projects to quickly gain attention. Based on the content-rich Q&A events, users can learn more about premium projects in BG Learning, avoid investment misunderstandings, and win tokens.
BG Learning Rules:
  1. The number of votes in the voting events are allocated based on the asset holdings and transaction amount of Bithumb Global users (excluding low commission rate market maker accounts).
  2. The total number of votes users hold is calculated as follows:
  • The number of votes the user gets due to asset holdings is the average net asset holdings (including spot assets and Margin Trading assets, and deducting borrowed assets in Margin Trading) in the account 14 days before the voting. For every 200 USDT equivalent of tokens holdings include BTC, ETH and USDT, one vote can be obtained, and for every 200 USDT equivalent of tokens holdings other than BTC, ETH and USDT, 0.5 votes can be obtained.
Number of votes obtained for asset holding =
[ Total value of BTC, ETH & USDT holdings / 200 *1 + Total value of the tokens holdings other than BTC, ETH and USDT/ 200 * 0.5 ]
  • The number of votes the user gets due to the transaction amount is the total transaction amount 14 days before the voting, and 1 vote can be obtained for every 100 USDT transaction.
  • Total number of votes = number of votes obtained by asset holdings + number of votes obtained by transaction amount.
For example: The average net assets holdings in the 14 days of user A are 820 USDT equivalent of BTC, ETH and USDT, 1,240 USDT equivalent of tokens other than BTC, ETH and USDT, and the total transactions amount in the 14 days is 930 USDT. The user can get 7 (4+3) votes due to asset holdings and 9 votes for the transaction amount, and the final votes the user can get is 16 (7+9) in total.
  1. Voting form
The voting event adopts the form of answering questions, and the questions are related to the listing projects. If the user answers correctly, all of the user’s votes will be counted in the projects as valid votes, and the total votes number is calculated according to the number of valid votes of all users; if the user answers incorrectly, the user’s votes will not be counted in the total number of votes, and no rewards will be obtained.
  1. Rewards for voting events
After the event is over, certain amount of project tokens will be airdropped. All users who have answered correctly will share the tokens according to the proportion of their votes to the total votes of the event.
  1. Other instructions
If Bithumb Global system monitors or receives complaints from users, and once these behaviors have been confirmed as cheating, Bithumb Global will cancel the user’s votes this time.
submitted by BithumbGlobal to BithumbGlobal [link] [comments]

What Can We Expect in the Halving Market? 58COIN Exchange Beauty Executive Gives the Answer

What Can We Expect in the Halving Market? 58COIN Exchange Beauty Executive Gives the Answer


What are the effects of the third Bitcoin halving?
How to view the relationship between mining pools and exchanges?
Is the contract a road of no return?
What is the future trend of digital currency?


Q1: What does 58COIN expect from this Bitcoin halving?
Xiao Bei: On the macro level, reduction in the bitcoin production shows a more stable signal to the market. May 12th is the third halving in bitcoin’s history, before it, however, the daily production plunged from 1800 to 900, a reduction of around 30,000 bitcoins in a month. The selling pressure reduced significantly, which leaves the root impact on the gradual stability of the market.
The reduction not only brought us a bull market with a sustainable and long-lasting effect but greater opportunities as well. As an exchange, it should better improve itself and render stable and quality products to users. Currently, 58COIN’s mining pool ranks the top 5 in the world. After the reduction, based on the principle of survival of the fittest, the superior resources will be allocated to a larger and more stable mining farm, and the steady recovery of computing power is also anticipating.
Q2: As an exchange, why does 58COIN occupy more than 10% of the overall bitcoin’s computing power?
Xiao Bei: At present, our computing power share is about 7.8%, ranking among the top five in the world. Our recent goal is to have a stable computing power share of more than 10%.
The mining pool provides the main non-trading BTC source for the exchange, increases the supply of BTCs on the market, and injects liquidity into the market. The top ten exchanges are expected to receive more than 70% of the bitcoin in the mining pool, so all major exchanges have begun to layout the mining pool to compete for BTC.
58COIN has reorganized the layout and started the operation of the new mining pool (58COIN& 1THash) in 2019. We have a mature operation team with more than 6 years’ experience, and hope to better link the upstream and downstream industries in the next stage. This is also an important step in the strategic development of high-quality exchanges.
Q3: For an exchange, liquidity and redemption abilities are the absolute reflection of the user's sense of security. How does 58COIN ensure these two abilities that users care most?
Xiao Bei: In terms of liquidity, first of all, our registered users have exceeded 3 million, which provides sufficient trading liquidity and depth. Secondly, our matching transaction service with constantly upgraded technology and algorithm ensures that each matchmaking time is in the microsecond level, and easily achieve system 10,000-level throughput performance.
Concerning the redemption ability, non-trading digital assets held by the exchange serves as the foundation. The advantages of 58COIN's mining pool have accumulated abundant platform reserves for us. As of now, our risk reserve has exceeded 3.6 billion yuan.
Besides, the Exchange integrates account opening, transaction matching, and liquidation, and plays an important role in the secondary market. Most exchanges lack a high-quality intelligent risk control system, a comprehensive anti-money laundering mechanism, and insufficient open and transparent information disclosure and supervision. There may be acts of forgery of trading volume, joint price manipulation with the project party, and other actions that harm the interests of investors. If the liquidity itself is not good enough, the situation mentioned above is more likely to occur.
Q4: Which section does 58COIN values most? Contract Trading or Spot Transactions? What is the biggest advantage of trading contracts on 58COIN?
Xiao Bei: Both spot and contract boast their own advantages, separately lie in the exchange value through hoarded coins, and flexible use of fluctuations. 58COIN as the main contract exchange, contract trading is definitely our focus. In terms of spot, it is mainly based on mainstream currencies.
Compared with spot trading, the two-direction trading mechanism is more flexible. Also, leverage can increase the utilization rate of funds and amplify the profit, which is suitable for users with fewer funds to trade.
The biggest advantage of contract transactions, in addition to the just mentioned abundant platform reserves, complete risk control and huge user base, there are several points related to the user's vital interests:
  1. The lowest fee in the industry. For example, the handling fee of the perpetual contract is: “Taker 0.03%, Maker 0.015%”;
  2. The fixed maintenance margin of 0.5%;
  3. No funding fees. We have made every effort to reduce the principal consumption in each exchange, thus greatly lower the risk of liquidation;
  4. The platform insurance funds bear the full debt loss, and users do not have to worry about apportioning any risks.
In addition, the contract can also maintain the value of the existing mainstream spot of the user to minimize the risk of depreciation caused by spot fluctuations.
It is worth mentioning that in terms of wallet, we implement multi-level and multi-dimensional security risk control strategies such as hot and cold wallet isolation, multi-signature authorization, and regularly change of hot wallet addresses. Meanwhile, a manual verification process was added to ensure the safety of the assets. Since its establishment, there has never been any wallet accident, wallet stolen, or the loss of coin incidents.
Q5: In the contract transaction, what advice does 58COIN give to novice users?
Xiao Bei: Firstly, please remind that contract is not a devil, it is just a tool. What we should do is to make good use of the tool to make profits.
Secondly, the purpose of the investment is to withdraw, and suggestions are shown below:
1. Invest with the spare funds at hand;
2. In the spot transaction, hoard coins in the bear market and exchange in the bull market, do not follow the trend of buying in the bull market;
3. In the contract, set up operation points and positions, and perform secondary operations according to market conditions. (Do not be greedy)
4. Make a risk response plan during the investment process, such as a sufficient margin, value preservation plan, etc.
Finally, we must keep in mind: when doing spot transactions, choose assets with good liquidity in a way to get away from manipulation projects, risky exchanges, etc.
58COIN provides detailed descriptions for each business line, novice users should read them carefully before using. Besides, each contract trading page is designed with a calculator to help provide trading references to users before investment.
Q6: What are the new plans of 58COIN?
Xiao Bei: First of all, we will remain a sophisticated attitude in technology, risk control, and product experience, offering a stronger guarantee for users' transactions; second, we will further improve the ecological layout of 58COIN, from increasing investment in mining pools, gradually optimizing the hot and cold wallet system, enabling entities, focusing on community construction, etc., with better technical upgrades and preparations, to ensure that the entire 58COIN ecology can better link the upstream and downstream industries, providing our users with a more stable ecological background; We will launch some online activities in the near future, covering basic knowledge, candlestick chart learning, and industry analysis. We look forward to making joint efforts with our users in learning and making progress.
Q7: What does 58COIN want to say about the future cryptocurrency market?
Xiao Bei: The real big bonus in the cryptocurrency market has not yet been released, and Bitcoin has more imagination space than gold in the future. The cryptocurrency market is stepping toward a diversified, professional, and tangible direction, requiring more high-quality industries participation and landing. Though it is currently the fastest-growing field, financial attributes should not be the only factor entitled to cryptocurrencies, the future market should be more integrated and serve the real economy, such as the Internet of Things, financial systems, and personal privacy.
For more details, please log in to www.58ex.com or download our app: https://wap.58ex.com/?locale=en.
Website: https://www.58ex.com/
Twitter: https://twitter.com/58_coin
Facebook: https://www.facebook.com/coin.58COIN
Telegram: https://t.me/official58
Medium: https://medium.com/@58coin_blog/
submitted by 58CoinExchange to u/58CoinExchange [link] [comments]

CoinEx Weekly Update, 13–19 July 2020

CoinEx Weekly Update, 13–19 July 2020

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Dear CoinEx users, last week was full of events in CoinEx ecosystem. Coin listings, ongoing trading events, ecosystem expanding as usual. That week also experienced the worst twitter hack ever. Fortunately, CoinEx was one of the few major crypto related accounts that was not affected. In this recap, we collected major events that took place over the last week in CoinEx.

Join The DeFi Train And Share $20k

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As DeFi continues to shine and gain more attention, CoinEx has launched new campaign to reward its users.
Duration: July 15, 2020 — July 24, 2020 (UTC)
Tokens Involved: LINK, SNX, COMP, REN, KNC
More information

CoinEx Listings

Providing more and better investment/trading options have always been of great importance to the CoinEx team. For this reason, more coins, particularly centered on DeFi, were listed after rigorous reviews.

Bitshares (BTS)

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Bitshares (BTS), formerly known as ProtoShares, is a peer-to-peer distributed ledger and network that can issue collateralized market-pegged smart coins known as bitAssets. Bitshares was created by Dan Larimer, the co-founder of eosio, Steemit, and Cryptonomex. BitShares also has its own decentralized exchange. BTS was listed alongside with a trading event divided into two categories.
Event Details Event 1: Deposit to share 60,000 BTS Duration: 3:00 July 14–16:00 July 20, 2020 (UTC) Event 2: Trade to share 40,000 BTS Duration: 3:00 July 17–16:00 July 20, 2020 (UTC)
About BTS Website | Explorer | White paper
Listing and Trade Event Details

Numerai (NMR)

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Numerai is a framework to help you automate your weekly submission workflow with your own infrastructure. Use the numerai-cli to provision your infrastructure, and deploy your pre-trained model as a server that listens for new tournament data, runs your model and uploads the predictions back to Numerai.
About NMR Website | Explorer
Listing Details

TikTok Video Campaign

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Test your creativity and win in the CoinEx TikTok challenge. Lots of fantastic prizes are waiting for you!

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CoinEx Announces Support For Avalanche Mainnet


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Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains. Upon its Mainnet launch, CoinEx will support AVAX for trading, starting with AVAX/BTC & AVAX/USDT pairs. A trading event will be held also to reward users.
Details

ONT/VET/NEO/TRX for ONG/VTHO/GAS Staking Reward Paid

CoinEx holders of the mentioned coins received their staking rewards for the month of June.
Hold & get staking incentives 1. Hold NEO and get GAS 2. Hold ONT and get ONG 3. Hold VET and get VTHO
Allocation time July 15,2020
For more details on the calculation, please click here.

Suspension And Resumption of Perpetual Contract Trading

Perpetual contract trading was suspended to carry out system upgrade. This was done to provide traders with better trading experience.
Upgrade duration: 10:00–10:05, July 17, 2020 (UTC)
About this upgrade: Once it is completed, the price precision of BTCUSD Contract will be changed from 0.5 to 0.1

NODE MAINTENANCE

Suspension And Resumption Of Deposit And Withdrawal Of Affected Projects

Important

ABOUT CoinEx

As a global and professional cryptocurrency exchange service provider, CoinEx was founded in December 2017 with Bitmain-led investment and has obtained a legal license in Estonia. It is a subsidiary brand of the ViaBTC Group, which owns the fifth largest BTC mining pool, which is also the largest of BCH mining, in the world.
CoinEx supports perpetual contract, spot, margin trading, and other derivatives trading, and its service reaches global users in nearly 100 countries/regions with various languages available, such as Chinese, English, Korean and Russian.
Click here to register on CoinEx!
Website: https://www.coinex.com/
Twitter: https://twitter.com/coinexcom
Telegram: https://t.me/CoinExOfficialENG
submitted by CoinExcom to Coinex [link] [comments]

MXC Exchange – One-stop Service Provider

MXC Exchange – One-stop Service Provider
Established in 2018, MXC has become a one-stop service provider. It is now able to provide users spot, margin, contract, leveraged ETF, Index Products, Contract, PoS Staking, OTC services.
It emerges as one of the fastest growing exchanges in the world. In 2019, the daily trading volume of MXC took 5% of the world’s digital market. Besides, leveraged ETF products on MXC took lion share in the world of the same kind of products based on data from CryptoRank. On top of that, It obtained regulation-compliance licenses in many countries, like U.S., Canada, Australia, etc. and is able to carry out digital asset service in these countries.
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In the aspect of OTC trading, MXC established partnership with Simplex, a European regulation-compliance payment company, and Banxa, a legal payment company in South-east Asia, allowing users to use Visa and Mastercard to buy cryptocurrencies, like BTC, ETH, etc. directly.
In the aspect of spot trading, MXC now support over 200 trading pairs. In addition to the top market cap coins and token, it has listed many high-quality DeFi projects, like COMP, MKR, SNX, KNC, LEND, REN, BNT, IDEX, SWTH, OKS, RUNE, KAVA, BAL, UMA, etc. as well as projects of Polkadot ecosystem, like KSM, EDG, PCX, RING, etc.
In the aspect of margin trading, MXC supports the largest number of margin pairs among all exchanges across the globe, with 2 – 10x leverage available. The automatic loan and repayment functions are available. With the coming of the upgraded margin system, the depth, price difference, loan efficiency and matching efficiency have greatly updated.
In the aspect of leveraged ETF, MXC, learned from traditional financial products, introduced in re-balance system, so there’s no liquidation risks in buying leveraged ETF products. Leveraged ETF tracks the changes of the underlying assets with 3x leverage. “3L” products refer to 3x long, while “3S” products 3x short. Now it 3x leverage for 29 cryptocurrencies, including BTC, BCH, BSV, DASH, ZEC, ATOM, XTZ, ALGO, etc.
In the extreme market on March 12, 2020, BTC plummeted a high of 52.36% and the ordinary 3x leverage products for BTC plunged by 157.08%. However, with the re-balance system, the BTC3L product on MXC decreased by 92.96%, lower than the ordinary 3x leverage products and protect the interest of users in some extent. Furthermore, in the following market, the BTC3L product rose by 236%, higher than the 167.41% of ordinary 3x leverage product.
The leveraged ETF once became the label of MXC, "Huobi's OTC, OKex’s contract, MXC’s ETF and Binance's spot." The popularity of leveraged ETFs has attracted many exchanges to follow suit.
In terms of index products, MXC officially launched index products under the ETF zone, including decentralized storage asset index, mainstream cryptocurrency index, DeFi asset index, public chain index, 2020 halving cryptocurrency index.
MXC index products are similar to traditional financial fund products, and each index product is composed of multiple constituent cryptocurrencies. According to the announcement, the MXC Index product will be adjusted according to the average daily turnover ratio of the previous 30 days, that is, the proportion of the component cryptocurrency will be adjusted. If the target does not meet the representativeness and investability, the index may be removed from the product.
Decentralized storage combination components are STORJ, LAMB, GNX, BLZ; mainstream currency combination, components are BTC, ETH, LTC, EOS, ETC, BCH, BSV, XRP; DeFi asset components are KNC, ZRX, KAVA, NEST; Public chain combination, the components are TRX, VET, NEO, QTUM, BTM, ONT, IOST; halving index components are BTC, ETC, BCH, BSV, ZEC, DASH.
Index products can help users not miss the bull market. Any one of the constituent cryptocurrencies increase, the user can make gains. Secondly, it can help avoid the risk of a single cryptocurrency’s plunging. In addition, it can also help save investment time and improve investment efficiency.
In terms of contract transactions, MXC upgraded the contract trading system and launched a new version of the contract in June this year. MXC contract trading currently supports free adjustment of 1-100x leverage multiples. In the isolated margin mode, users can still adjust the leverage multiples after opening a position, and support isolated margin conversion to cross margin, which can help users pursue the market with all their strength.
It supports users to place stop profit and stop loss orders at the same time, while occupying only one margin. It supports Post Only (Maker only) and IOC (Immediately or cancel all) strategies. Under Post Only (Maker only), the user will not immediately place an order on the market when placing an order, to ensure that the order is always Maker (pending order), saving handling fees. IOC function, that is, if the order cannot be fully executed, the rest will be cancelled.
For example, the BTC price index of MXC selects the bitcoin spot prices of 6 exchanges, namely: Coinbase, Bitstamp, Binance, Huobi, OKEx, Bitfinex. If the spot price of an exchange deviates from the median of all exchanges by ±3%, the spot price of the exchange is calculated according to the median of ±3%. Use reasonable prices for liquidation, which are based on index prices.
In addition, underlined proper nouns on the webpage, as long as the mouse points up, the corresponding explanation will be displayed, which is convenient for users to understand.
In terms of PoS pools, MXC supports three types of PoS: Saving, Staking and Lending. Among them, PoS saving does not need to lock assets, and holding assets can obtain income.
submitted by SimonZhu666 to MXCexchange [link] [comments]

BitOffer Institute: Bitcoin options have exploded by more than $1 billion due to settlement

BitOffer Institute: Bitcoin options have exploded by more than $1 billion due to settlement

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According to the options trading data from BitOffer, On June 26, with the due to settlement exceeding $1 billion, Bitcoin has experienced its largest option expiration event in history. Of which BitOffer exchanges accounted for 73%, followed by Deribit and OKEX. This is an important milestone for the digital asset space, reflecting the rapid growth of the cryptocurrency options market through 2020 and its growing influence on bitcoin price movements.
The question is this phenomenon leads to significant market volatility? This is the main concern of most investors. The price of Bitcoin continued to decline on June 26, the day it was hitting an intraday low of $8,841, which is the lowest price recently. It is worth noting that a large number of expirations mean that a new round of open options contracts will follow, and there are strong bullish expectations for bitcoin’s performance after halving. It is likely to spur a V-shaped rebound of bitcoin and breakthrough $10,000.
Lucian, the chief analyst at BitOffer exchange said that the encryption currency derivatives market has developed rapidly in 2020, especially in the options volume constantly refresh the record. At the same time, we also see the ETH options in rapid growth, at the month of ETH options being launch in BitOffer, its volume became more than $500 million. The options market is getting popular and the encryption market is gradually maturing, and likely having a better prospect versus the contract market.

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As is known to all, BitOffer is the largest bitcoin options exchange, and it has launched the world’s first American-style options of BTC, ETH, BSV, and BCH. The biggest feature of BitOffer is that no matter whether it is a bull market or a bear market, it has the opportunity to obtain up to a thousand times of excess income without any margin or handling fee. Bitoffer options provide 11 sections to choose from 2 minutes to 7 days. Besides, it is worth mentioning that the bitcoin option spot index is composed of the equivalent weights of 7 exchanges.
For example, as the price of Bitcoin was 9000 US dollars, Tom and Jerry predict that Bitcoin was expected to continue to rise, so they bought bitcoin contract and bitcoin options, respectively.
· 1. Tom choose to purchase a Bitcoin contract which cost $9000
· 2. Jerry choose to buy a bitcoin option which costs about $5
As they wish, after Tom and Jerry placed the orders, the bitcoin price rose sharply, which less than an hour, from 9,000 US dollars to 9,500 US dollars.
By comparison, Tom and Jerry get the same benefits, but the cost gap is very large.
· 1. Tom spent $9,000 and earned $ 500, which is a 5.5% return on the cost.
· 2. Jerry spent $5 and earned $500, which is calculated as 10,000% of the income.
Conversely, if bitcoin fell from 9,000 US dollars to 8,500 US dollars in one hour, Tom will be lost 500 dollars, and Jerry only lost the option fee, which would be 5 dollars.
Which means Jerry can get an interest in BTC for a very low price. This is what we say Limited losses and Unlimited gains.
Since the price of Bitcoin has been very volatile, more and more investors have started to use options to hedge the downside risk of the spot, to realize a stable progressive investment.
For example, the current price of Bitcoin is $10,000:
  1. If the price rises to $11,000, the spot profit will be $1,000
  2. If the price falls to $9000, the spot loss will be $1000
The cost is only about $20 if you buy a put option for hedging on BitOffer. Once the bitcoin drops from $10,000 to $9,000, the spot loss will be $1,000 and the put option will make $1,000 without loss.
As the risk is completely washed out, when you start hedging, you could make money when the price goes up, and you could save the cost when it goes down. This is the hedge between options and spots, besides, many investors using options to hedge contracts as well.
submitted by Bitoffer_Official to BitOffer_Official [link] [comments]

Coinbase Pro launches margin trading

Some info on Coinbase.
Resources:
submitted by SsurebreC to BitcoinMarkets [link] [comments]

Review of Huobi Global Exchange

Review of Huobi Global Exchange

HUOBI GLOBAL

A GLOBAL CRYPTOCURRENCY LEADER SINCE 2013
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Its an exchange we can trust and trade on. Its packed with state of the art features and tools which any trader would love. It helps a trader to get so many products under a single umbrella. A single Huobi Account gives way to so many opportunities no one wants miss out. Its the most secured exchange in the world, in its operations since 2013 it has not been hacked and has user protection fund amounting to 20000 BTC. It always emphasizes on user safety and customer protection, thats what I love the most. Customer satisfaction has been its prime motto since its inception. We should give it a try as its always filled with lots of promotions and rewards for trading and participating in activities.
Lets take a look deeply how this exchange offers so much innovative and state of the products and how it fares compared with other top exchanges.
As a world-leading company in Blockchain industry, Huobi Group was founded in 2013 with a mission to making breakthroughs in core Blockchin technology and the integration of Blockchain technology and other industries. Huobi Group has expanded in to public chain, digital assets trading and wallet, mining pool, proprietary investment, incubation, Digital Asset Research etc., and established a global digital economy industry ecosystem, by investing in over 60 upstream and downstream companies in the Blockchain industry. Huobi Group is working with Argentina, Russia, Thailand, Nigeria and many other countries on the development of Blockchain technology and real world Blockchain applications.
Since its establishment, Huobi Group has been financed by ZhenFund and Sequoia. As a digital assets service provider, Huobi is far ahead of its competitors in establishing a global network of licences. It has over 1300 employees and established subsidiary companies and partnership companies in 12 counties, including the US, Japan, Thailand, Gibraltar, etc. The Huobi team is dedicated to providing safe, professional, trustworthy, and world class services to its global clients across 130+ countries.
Core Strengths of Huobi
A World Class Security System
· Secure and reliable class services
· Six years of experience in digital asset services
· Decentralized structure and anti-DDOS protection system
Local Operation Teams across the Globe
· Global Ecological Layout
· Local trading service centers in many countries around the world
· Blockchain ecosystem featuring integration of multiple business forms
Remodelling the Crypto Exchange
· Users first
· Develop compensation first system
· Develop User Protection Fund (20,000 BTC)
Now let’s take a look at the Exchange and its features

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Huobi has one of the best UI for an exchange. Its really very smooth and easy to operate. It has integrated all the trading options and users can easily understand and operate it. The chart has all the options and function, it supports trading view also.
Huobi OTC
Huobi OTC Desk is an OTC (over-the-counter) trading service provided by Huobi Technology (Gibraltar) Co., Ltd for both institutional clients and individual clients with large trading volumes. This service allows our eligible clients to trade crypto-to-crypto and fiat-to-crypto pairs via request for quotes. Huobi OTC (otc.hbg.com) offers an exchange bridge between fiats and digital assets while Huobi Global (www.hbg.com) is a digital assets trading exchange that supports exchanges or investment services between various cryptocurrencies.
Huobi OTC (otc.hbg.com), serving an affiliated website of Huobi Global (www.hbg.com), is a platform devoted to over-the-counter trades of digital assets. You can buy/sell your digital assets by posting a buy/sell advertisement on Huobi OTC and then complete transactions with the other party so as to exchange your digital assets with fiats. Huobi OTC offers an aggregated display of buying or selling info and the actual payment is transferred and completed offline.(In other words, Huobi OTC provides escrow on digital assets)
Being an OTC digital asset platform with a leading turnover, Huobi delivers services to millions of users in over 130 countries with billions of daily turnover. Supporting fiat-crypto trading in many countries and seamless connecting to crypto-crypto trading, it provides trading of over 100 digital currencies. Being the first platform to deliver 7x24 customer support, it boasts professional services, rapid response and certified merchant security deposits to meet various demands.
Huobi DM (Futures)
Margin Trading
Huobi Global launched Huobi Derivative Market (Huobi DM) exchange to selected countries. It provides margin trading, with very low daily loan interest rates of 0.1%. Margin Trading allows users to increase their investment exposure given a limited base principal to enjoy multiple returns. With the introduction of Cross Margin on Huobi, users will have to explicitly input the respective margin type before executing the above 3 steps. Balances on the Cross Margin balance does not show on the Isolated Margin balance.
Huobi Futures
Huobi Futures is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. The Huobi Futures Contract adopts spread delivery. When the contract expires, all open positions will be closed at the index-based last-hour arithmetic average price, instead of physical delivery. Weekly, bi-weekly and quarterly contracts are available in Huobi DM. Weekly contracts will be settled on imminent Friday; Bi-weekly contracts will be settled on next Friday; Quarterly contracts will be settled on the last Friday of March, June, September and December. Choices of leverage: 1x, 5x, 10x, 20x
Huobi Perpetual Swap
On March 27, Huobi DM announced it entered into the realm of Perpetual Swaps through its well-established Huobi Derivative Market (DM). Derivative trading has become a popular and lucrative way in the cryptocurrency space, and Perpetual Swaps, as a kind of derivative product, is another way for traders to arbitrage better positions.
Perpetual Swaps are a form of futures contracts but there is no expiry date on these contracts.
Similar to futures contracts, perpetual swaps are standardized contracts that allow traders to long a position to profit potentially from the increase of a digital asset’s price, or short a position to profit potentially from the decline of a digital asset’s price. However, there are some uniqueness in perpetual swaps.
§ No delivery and therefore no expiry date
§ Funding mechanism Settlement in every 8 hours
There exist perpetual swaps already in crypto derivatives market. But what really makes Huobi’s Perpetual Swaps different at this launch is that they are a unique form of contract called inverse contract. Inverse perpetual contracts are also called coin-margined perpetual swaps which are quoted in USD but margined &settled in the given cryptocurrency.
Besides, the perpetual swaps can offer greater flexibility of fund. Your profits and losses are realized and settled three times a day, allowing you to leave the game and allocate your fund for other uses almost any time you desire.
Flexible leverage from 1x to 125x is also a plus on Huobi’s BTC perpetual swaps.
Partial Liquidation
Partial liquidation is a new mechanism that gradually reduces a user’s positions rather than liquidating them in full in a single event. With the new mechanism, the system will automatically start liquidating a user’s positions in stages—at predetermined margin ratios determined by the user’s calculated exposure—until the margin ratio reaches above zero. The liquidation process also includes a circuit breaker function that halts liquidation when large or unusual deviations between the liquidation price and market price are detected.
All coins and leverages on Huobi DM are supported by partial liquidation, and the mechanism is available to users with no fees. Huobi DM also lowered its overall adjustment factor, also named maintenance margin ratio, a key liquidation indicator that directly impacts how margin ratios are calculated, to reduce the frequency of liquidation events.
HUSD
In order to maximize the value of stablecoins to meet the various trading needs of users, Huobi Global is now providing a comprehensive and integrated solution: HUSD.
HUSD is a comprehensive solution for all stablecoins.
Three advantages of HUSD
  1. Safer and more convenient-to avoid single stablecoin risk, and seamless handover between stablecoins.
  2. More stable for stored value-the Huobi bears the risk of instability of stablecoin.
  3. Convert with no cost-remove the commission fee between stablecoin conversions.
Huobi Prime
Huobi Prime, the Launchpad platform is unique as it is not a fundraising platform, and any coins purchased on the platform are immediately deposited into the users’ wallets and tradable on Huobi Global. Huobi Prime offers its users early access to the coins of premium projects, which can be bought using its native crypto currency, the Huobi Token. To avoid dumping, Huobi has implemented an innovative idea of a period of tiered price limits.
Huobi FastTrack
Huobit FastTrack, rebranded from Huobi Prime Lite, is a new listing model. Wherein, all participants will have a direct say in what projects are listed on Huobi Global and when. In addition, winning voters will get access to quality tokens at below market rates. The program also provides much needed exposure and a straightforward listing process.
Huobi Wallet
Huobi Wallet is a professional Multi-chain light wallet app from Huobi Group, the leading global digital asset exchange. Huobi Wallet leverages multiple blockchain security-related patents, including patents for security isolation and data encryption, to provide state of the art protection for digital assets assured by the Huobi Wallet Security Team. For more information, visit: www.huobiwallet.com. So far Huobi Wallet supports BTC, BCH, LTC, ETH, ETC, USDT and all ERC20 tokens.
Huobi Chain
Created in partnership with technical development partner Nervos, Huobi Chain provides a regulator-friendly blockchain framework for financial organizations to deploy DeFi services and applications, including their own blockchains, tokenized assets, payments and identity verification, lending services, decentralized exchanges, and more.

Huobi Chat

Huobi Chat is the social network service platform oriented towards the era of blockchain and an autonomous social network in the future. Huobi Chat combines the advantages of the social network, Huobi Group and global ecosystem platform. It is established with an aim to achieve free communication, fair incentives and interconnectivity of upstream and downstream industry in the digital assets society. Based on blockchain encryption and consensus mechanism, it can connect Users and partners, and provide the digital enthusiasts worldwide with social, sharing, markets, information, e-commerce, games, entertainment, and other one-stop services. Meanwhile, we introduce third-party content and service providers through the IM open platform to build the global ecology of Industry and activate the flow.

Huobi Mining Pool

As a sub-brand of Huobi Group, Huobi Pool is an important component of Huobi’s global ecological strategy. It covers Staking business, POW business and public chain technical service provider. As the largest POS community in the Asia-Pacific region, a leading POW mining pool and a node for various public chains, Huobi Pool is dedicated to providing one-stop financial services and solutions for all types of token holders.
Huobi launched HT Lock and Mine operations on 25th July 2019 (GMT+8). Users who lock HT tokens receive daily HPT rewards. Specific reward quantity will depend on lock option period selected, quantity locked and Huobi Pool’ s mining hash power and daily float.
DPOS Rewards: All Huobi Global users with more than 1,000HPT holdings in their HBG account will receive DPOS mining rewards. Currently, token reward received under DPOS mining include EOS, TRX, CMT, ONG, IOST, ATOM, IRIS, LAMB。
Huobi Global: https://www.huobi.com/en-us/
Join Indian Group: https://t.me/huobiglobalindia
Global telegram Channel: https://t.me/huobiglobalofficial
Join Huobi by click here: https://www.huobi.com/en-us/topic/invited/?invite\_code=eyhj5
submitted by IndianCrypto to u/IndianCrypto [link] [comments]

TradeOptionGains bitcoin site?

Got this weird DM on reddit idk what this guy is up to have any of you ever heard of this https://tradeoptiongains.com Site?
u/mikerobin25

Mikerobin2501:52 AM
Hello there
IDEKMyUsername09:34 AM
Howdy
Mikerobin2509:47 AM
How's it going?
IDEKMyUsername12:13 PM
Not bad.
What's up
Mikerobin2512:36 PM
I'm doing quite alright, How about you?
IDEKMyUsername12:53 PM
Not bad
Mikerobin2501:39 PM
Well, I don't mean to intrude but are you familiar with the term "cryptocurrency", Bitcoin to be precise?
IDEKMyUsername03:10 PM
Yes
Aye
Mikerobin2503:25 PM
Well, I'm at the moment engaging in an outreach aimed at expanding the clientele of my platform and enlightening the populace on the monetary potential of bitcoin trading and mining. Would you be interested in this?
IDEKMyUsername03:26 PM
Uh yeah sure I can look into it.
What does it include?
Mikerobin2503:28 PM
Are you familiar with the term "Bitcoin trading"?
IDEKMyUsername03:29 PM
Yeah somewhat
Like selling and buying it?
Mikerobin2503:33 PM
Well, Bitcoin trading is the process of making profits by buying Bitcoin at a low cost and selling it when the price goes up, This method is referred to as Dollar Cost Averaging(DCA). The Bitcoin trade is volatile, and price move by a significant margin. This activity is done on trading platforms.
Are you following?
IDEKMyUsername04:07 PM
Yep gotcha so far
Sorry had to pickup a call
Mikerobin2506:51 PM
No problem mate. Every platform has an investment procedure and ROI method. Unlike other platforms that engage in day trading (profiting from the volatility of bitcoin which is inefficient), My platform is registered with S9 ant miners that mine the bitcoin you invest to increase exponentially and that’s how you earn profits.
Have you heard of the term "Bitcoin mining"?
IDEKMyUsername06:52 PM
Yes I have
Mikerobin2506:57 PM
Good. For clarification, Bitcoin mining primarily involves generating and earning off the confirmation of blocks of transaction on the network such as the Blockchain network.
This is made possible with the use of special and sophisticated devices called the Bit main devices, Such as the AntMiner S9 and ASIC hardware. These devices are extremely expensive to maintain and require a lot of electricity generation and technical expertise which makes it rarely an option for private individuals who are interested in going into Bitcoin mining. But my platform has been able to provide for this disability.
Are you following?
IDEKMyUsername06:57 PM
I feel ya
Yes
Mikerobin2507:01 PM
Moving on, My platform operates a full S9 Antminer farm. The Antminer s9 has a hash rate of 12.93TH/s which is -+ 7%, Which could generate a ROI of 0.5 BTC within an investment period depending on the investment capital. Note: ROI stands for return of investment while hash rates a measure of how many times the network can attempt to complete this puzzle every second. This means that hash rate is a good indicator of the Bitcoin network's health.
Do i still have your attention?
IDEKMyUsername07:02 PM
Yes
Mikerobin2507:05 PM
Finally, All investments are made and monitored by the client (you) on the platform's website as you earn profits daily and you can contact me a "Broker" on the platform whenever you need assistance or more information.
https://tradeoptiongains.com
IDEKMyUsername07:05 PM
Hm
U have a history of wise investments?
I mean don't really know you so not like your a "professional" of any means
Mikerobin2507:06 PM
Certainly
We've been running for a span of 4 years now with optimum services provided
IDEKMyUsername07:38 PM
oh wow
gimmie some more deets?
how much money would I expect if i put a quick g bar in?
IDEKMyUsername07:53 PM
hm?
Mikerobin2507:54 PM
An investment of $1000 amounts up to the standard ROI stated above which is 50% of 1 bitcoin.
Apologies for the late reply, Was attending to a client of mine.
IDEKMyUsername07:55 PM
so invest of about $1000 would give ruffly 5?
nah ur good fam
like how I go about that tho u know
cause isn't bitcoin like kind of high right now?
Mikerobin2507:57 PM
Yeah though it would have been more profitable if you had started earlier when it was cheaper but you should be expecting more returns due to the halving coming up.
https://www.bitcoinblockhalf.com/
IDEKMyUsername07:58 PM
how high you think its going to get?
Mikerobin2507:59 PM
Its a highly speculative asset but from my experience and following it's previous halving events, Probably 15-18k.
IDEKMyUsername08:01 PM
oh jeez thats like as big as the big boom right?
how you know its gonna do that?
and what if it doesn't lol?
do I just l;ose it all
Mikerobin2508:05 PM
Exactly. If it doesn't, It would remain at its breaking point of 9k or peak point of 10k but i highly doubt it doesn't pump(rise) based on past halving events. You can simply get started by creating your personal account on the platform by which you can start by purchasing bitcoin and you can do this by clicking on the "Register" icon to get started.
IDEKMyUsername08:05 PM
hmmm idk
Kinda need some more security u know what I mean?
Mikerobin2508:08 PM
I understand. Loses are only made when you sell off, You money remains intact whether it rises or falls as long as you don't sell but your ROI is fully attained on your account on the platform.
IDEKMyUsername08:09 PM
o
Mikerobin2508:10 PM
Indeed
Mikerobin2508:20 PM
Any more questions?
IDEKMyUsername08:20 PM
uhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
no
Mikerobin2508:22 PM
Okay then, I'm available here if you're interested and need my assistance
Enjoy the rest of your day.
IDEKMyUsername08:25 PM
o
ok
Yesterday
Mikerobin2501:48 PM
https://www.fxstreet.com/cryptocurrencies/news/breaking-bitcoin-price-takes-down-9-000-as-10-000-beckons-202004300334
https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-gold-oil-2020-best-performing-assets-a9492641.html
IDEKMyUsername01:51 PM
O
I bought it
Mikerobin2501:51 PM
Pardon?
IDEKMyUsername01:52 PM
I bought one
Mikerobin2501:52 PM
On what platform?
IDEKMyUsername01:54 PM
I'm idk the one u sent me
Um*
Mikerobin2501:55 PM
Really? When did you do this and why wasn't i informed?
Today
IDEKMyUsername10:19 AM
Oh like last last night
I thought it was expected
U sent me the link and everything
;(
Mikerobin2510:22 AM
You would have informed me so i can enlighten you more on the procedure. Are you aware that it's a mining platform and you earn profits as an investor?
IDEKMyUsername10:23 AM
Yah so what would profit be ya reckon?
For let's say $1000 over liek a year
Mikerobin2510:24 AM
What name did you use in registering the account?
IDEKMyUsername10:24 AM
Uh I'd have to look it up
But how much profit did u say it would be about?
Mikerobin2510:27 AM
0.5 BTC a month depending on your investment capital that is, I would need the name of your account to register it under my personal database so i can provide you with information and assistance when needed.
IDEKMyUsername10:28 AM
O damn that's some big bucks right there
.5 btc like what 4g?
4 times 11 that's $44,000 a month
Mikerobin2510:30 AM
How much did you invest and what is the name of your account?
Your profit is calculated in respect of your investment capital
IDEKMyUsername10:31 AM
Like 11grand
Mikerobin2510:31 AM
And the name?
IDEKMyUsername10:31 AM
Mmmm
How do I find it?
Is there a way on the site
Mikerobin2510:31 AM
What name did you use in creating the account?
Didn't you register?
IDEKMyUsername10:32 AM
Oh like my irl name
I thought u meant like a username
Mikerobin2510:32 AM
Username is what i mean
IDEKMyUsername10:33 AM
It's gonna be under Jeffery Henderson
Jeffery L. Henderson
Mikerobin2510:35 AM
Okay, Give me a second to record it and ascertain your expected profit.
IDEKMyUsername10:35 AM
Sick
Did u find my account?
Mikerobin2510:41 AM
I can't find your records on the platform, Maybe a technical difficulty. Could you please sign in and send me a screenshot of your funds deposited through discord please?
IDEKMyUsername10:41 AM
So tell me mike
Where's the cash?
Mikerobin2510:41 AM
Pardon?
IDEKMyUsername10:41 AM
You lost it, oh you misplaced it.
Now mike you know I don't like to be lied to right?
Mikerobin2510:43 AM
Since i can't find your account on the platform, I guess that's the ending of our conversation.
Good day.
IDEKMyUsername10:43 AM
So why
THE FUCK
ARE YOU LIEING TO ME
Mikerobin2510:44 AM
Prove that you have an account on the platform by sending a screenshot
IDEKMyUsername10:44 AM
I cannot
I did it on
Computer
Mikerobin2510:45 AM
The sign in through your phone, Do i seem like a fool to you?
I have a lot of clients to attend to and i don't have time for games
IDEKMyUsername10:45 AM
I ain't the I one that took another man's money and now can't find it
You don't have other clients
Let's not play games here
How do I get my money out of this depreciating asset?
You better help me get my money out of this or were going to have a major issue
Mike...
IDEKMyUsername11:16 AM
U serious rn bro?
Ur gonna scam me out of my 💰
?
A day will come when you think yourself safe and happy,.
But suddenly your joy will turn to ashes in your mouth.
and you'll know the debt is paid
IDEKMyUsername08:01 PM
Br
You still my 11 grand
Stole
What's your name
Tell me
Or I'll find you
submitted by IDEKMyUsername to Scams [link] [comments]

06-21 15:15 - 'Hello, I have such a story, I appeal to all not indifferent. / I really wanted to buy bitcoin in 2015 and hold for a long time. But did not know how to do it / , since I learned about Bitcoin on television. And I really wan...' by /u/Ok_Love4952 removed from /r/Bitcoin within 56-66min

'''
Hello, I have such a story, I appeal to all not indifferent.
I really wanted to buy bitcoin in 2015 and hold for a long time. But did not know how to do it
, since I learned about Bitcoin on television. And I really wanted to buy for $ 270
, but didn’t know how to do it, since there weren’t those who could help to do it.
Then I started buying bitcoins in 2017 in the fall. I wanted to get rich and hold for a long time
This asset, because I think this asset is a very unique and well-known means of exchange
, since no state bank makes international transfers such as bitcoin
, I highly respect this creation and consider it very important and valuable. This asset is the best that came up
for money transfers. I wanted to buy a car, rent out several apartments, as well
create a business. (Buy and open a fishing store, as well as a fishing workshop
bait, as well as rent a lake to grow fish there: carp, grass carp, tench, silver carp and crucian carp)
Then, I started trading with this tool, I did pretty well, but then
started to lose money with margin, and strong pressure from manipulators and speculators began to
deceive the course of movement of the price of bitcoin. In the end, I started taking loans that
to be able to earn and repay debts. I really wanted to be a long-term investor of this asset
but so much manipulation here is dangerous. At the moment I need 2 BTC to calculate
with debts and a small part to leave for long-term storage. I very much
I’m in debt, and I never wanted to be indebted, and I can’t take a big loan at the moment.
If someone can help me, I will give the money back in 6 months. I ask for a loan. If someone can
help me, help me please. I live in Russia, and there is no such opportunity here now
make money. Moreover, quarantine, we are not given cash assistance here. I beg you to help me!
Regards, Denis!
My BTC address: 12SkFiZwMKYgLX4RKvMYGDd8na5ibhNjwu
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: Ok_Love4952
submitted by removalbot to removalbot [link] [comments]

06-21 15:15 - 'Hello, I have such a story, I appeal to all not indifferent. / I really wanted to buy bitcoin in 2015 and hold for a long time. But did not know how to do it / , since I learned about Bitcoin on television. And I really wan...' by /u/Ok_Love4952 removed from /r/Bitcoin within 66-76min

'''
Hello, I have such a story, I appeal to all not indifferent.
I really wanted to buy bitcoin in 2015 and hold for a long time. But did not know how to do it
, since I learned about Bitcoin on television. And I really wanted to buy for $ 270
, but didn’t know how to do it, since there weren’t those who could help to do it.
Then I started buying bitcoins in 2017 in the fall. I wanted to get rich and hold for a long time
This asset, because I think this asset is a very unique and well-known means of exchange
, since no state bank makes international transfers such as bitcoin
, I highly respect this creation and consider it very important and valuable. This asset is the best that came up
for money transfers. I wanted to buy a car, rent out several apartments, as well
create a business. (Buy and open a fishing store, as well as a fishing workshop
bait, as well as rent a lake to grow fish there: carp, grass carp, tench, silver carp and crucian carp)
Then, I started trading with this tool, I did pretty well, but then
started to lose money with margin, and strong pressure from manipulators and speculators began to
deceive the course of movement of the price of bitcoin. In the end, I started taking loans that
to be able to earn and repay debts. I really wanted to be a long-term investor of this asset
but so much manipulation here is dangerous. At the moment I need 2 BTC to calculate
with debts and a small part to leave for long-term storage. I very much
I’m in debt, and I never wanted to be indebted, and I can’t take a big loan at the moment.
If someone can help me, I will give the money back in 6 months. I ask for a loan. If someone can
help me, help me please. I live in Russia, and there is no such opportunity here now
make money. Moreover, quarantine, we are not given cash assistance here. I beg you to help me!
Regards, Denis!
My BTC address: 12SkFiZwMKYgLX4RKvMYGDd8na5ibhNjwu
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: Ok_Love4952
submitted by removalbot to removalbot [link] [comments]

Review of Huobi Global - Exchange we can bank upon

Review of Huobi Global - Exchange we can bank upon

HUOBI GLOBAL

A GLOBAL CRYPTOCURRENCY LEADER SINCE 2013
https://preview.redd.it/qeknttxd4by41.png?width=602&format=png&auto=webp&s=3434637627b38b0bc3741139b72c97ee96a2feba
Its an exchange we can trust and trade on. Its packed with state of the art features and tools which any trader would love. It helps a trader to get so many products under a single umbrella. A single Huobi Account gives way to so many opportunities no one wants miss out. Its the most secured exchange in the world, in its operations since 2013 it has not been hacked and has user protection fund amounting to 20000 BTC. It always emphasizes on user safety and customer protection, thats what I love the most. Customer satisfaction has been its prime motto since its inception. We should give it a try as its always filled with lots of promotions and rewards for trading and participating in activities.
Lets take a look deeply how this exchange offers so much innovative and state of the products and how it fares compared with other top exchanges.
As a world-leading company in Blockchain industry, Huobi Group was founded in 2013 with a mission to making breakthroughs in core Blockchin technology and the integration of Blockchain technology and other industries. Huobi Group has expanded in to public chain, digital assets trading and wallet, mining pool, proprietary investment, incubation, Digital Asset Research etc., and established a global digital economy industry ecosystem, by investing in over 60 upstream and downstream companies in the Blockchain industry. Huobi Group is working with Argentina, Russia, Thailand, Nigeria and many other countries on the development of Blockchain technology and real world Blockchain applications.
Since its establishment, Huobi Group has been financed by ZhenFund and Sequoia. As a digital assets service provider, Huobi is far ahead of its competitors in establishing a global network of licences. It has over 1300 employees and established subsidiary companies and partnership companies in 12 counties, including the US, Japan, Thailand, Gibraltar, etc. The Huobi team is dedicated to providing safe, professional, trustworthy, and world class services to its global clients across 130+ countries.
Core Strengths of Huobi
A World Class Security System
· Secure and reliable class services
· Six years of experience in digital asset services
· Decentralized structure and anti-DDOS protection system
Local Operation Teams across the Globe
· Global Ecological Layout
· Local trading service centers in many countries around the world
· Blockchain ecosystem featuring integration of multiple business forms
Remodelling the Crypto Exchange
· Users first
· Develop compensation first system
· Develop User Protection Fund (20,000 BTC)
Now let’s take a look at the Exchange and its features
https://preview.redd.it/2mo1zpgh4by41.png?width=602&format=png&auto=webp&s=0b7dfa11a3f067287e3fad11d2d804672105396d
https://preview.redd.it/vigncyyi4by41.png?width=602&format=png&auto=webp&s=f15e7fde4bfbeadae0e0432ba6dc5ab2c6a03140
Huobi has one of the best UI for an exchange. Its really very smooth and easy to operate. It has integrated all the trading options and users can easily understand and operate it. The chart has all the options and function, it supports trading view also.
Huobi OTC
Huobi OTC Desk is an OTC (over-the-counter) trading service provided by Huobi Technology (Gibraltar) Co., Ltd for both institutional clients and individual clients with large trading volumes. This service allows our eligible clients to trade crypto-to-crypto and fiat-to-crypto pairs via request for quotes. Huobi OTC (otc.hbg.com) offers an exchange bridge between fiats and digital assets while Huobi Global (www.hbg.com) is a digital assets trading exchange that supports exchanges or investment services between various cryptocurrencies.
Huobi OTC (otc.hbg.com), serving an affiliated website of Huobi Global (www.hbg.com), is a platform devoted to over-the-counter trades of digital assets. You can buy/sell your digital assets by posting a buy/sell advertisement on Huobi OTC and then complete transactions with the other party so as to exchange your digital assets with fiats. Huobi OTC offers an aggregated display of buying or selling info and the actual payment is transferred and completed offline.(In other words, Huobi OTC provides escrow on digital assets)
Being an OTC digital asset platform with a leading turnover, Huobi delivers services to millions of users in over 130 countries with billions of daily turnover. Supporting fiat-crypto trading in many countries and seamless connecting to crypto-crypto trading, it provides trading of over 100 digital currencies. Being the first platform to deliver 7x24 customer support, it boasts professional services, rapid response and certified merchant security deposits to meet various demands.
Huobi DM (Futures)
Margin Trading
Huobi Global launched Huobi Derivative Market (Huobi DM) exchange to selected countries. It provides margin trading, with very low daily loan interest rates of 0.1%. Margin Trading allows users to increase their investment exposure given a limited base principal to enjoy multiple returns. With the introduction of Cross Margin on Huobi, users will have to explicitly input the respective margin type before executing the above 3 steps. Balances on the Cross Margin balance does not show on the Isolated Margin balance.
Huobi Futures
Huobi Futures is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. The Huobi Futures Contract adopts spread delivery. When the contract expires, all open positions will be closed at the index-based last-hour arithmetic average price, instead of physical delivery. Weekly, bi-weekly and quarterly contracts are available in Huobi DM. Weekly contracts will be settled on imminent Friday; Bi-weekly contracts will be settled on next Friday; Quarterly contracts will be settled on the last Friday of March, June, September and December. Choices of leverage: 1x, 5x, 10x, 20x
Huobi Perpetual Swap
On March 27, Huobi DM announced it entered into the realm of Perpetual Swaps through its well-established Huobi Derivative Market (DM). Derivative trading has become a popular and lucrative way in the cryptocurrency space, and Perpetual Swaps, as a kind of derivative product, is another way for traders to arbitrage better positions.
Perpetual Swaps are a form of futures contracts but there is no expiry date on these contracts.
Similar to futures contracts, perpetual swaps are standardized contracts that allow traders to long a position to profit potentially from the increase of a digital asset’s price, or short a position to profit potentially from the decline of a digital asset’s price. However, there are some uniqueness in perpetual swaps.
§ No delivery and therefore no expiry date
§ Funding mechanism Settlement in every 8 hours
There exist perpetual swaps already in crypto derivatives market. But what really makes Huobi’s Perpetual Swaps different at this launch is that they are a unique form of contract called inverse contract. Inverse perpetual contracts are also called coin-margined perpetual swaps which are quoted in USD but margined &settled in the given cryptocurrency.
Besides, the perpetual swaps can offer greater flexibility of fund. Your profits and losses are realized and settled three times a day, allowing you to leave the game and allocate your fund for other uses almost any time you desire.
Flexible leverage from 1x to 125x is also a plus on Huobi’s BTC perpetual swaps.
Partial Liquidation
Partial liquidation is a new mechanism that gradually reduces a user’s positions rather than liquidating them in full in a single event. With the new mechanism, the system will automatically start liquidating a user’s positions in stages—at predetermined margin ratios determined by the user’s calculated exposure—until the margin ratio reaches above zero. The liquidation process also includes a circuit breaker function that halts liquidation when large or unusual deviations between the liquidation price and market price are detected.
All coins and leverages on Huobi DM are supported by partial liquidation, and the mechanism is available to users with no fees. Huobi DM also lowered its overall adjustment factor, also named maintenance margin ratio, a key liquidation indicator that directly impacts how margin ratios are calculated, to reduce the frequency of liquidation events.
HUSD
In order to maximize the value of stablecoins to meet the various trading needs of users, Huobi Global is now providing a comprehensive and integrated solution: HUSD.
HUSD is a comprehensive solution for all stablecoins.
Three advantages of HUSD
  1. Safer and more convenient-to avoid single stablecoin risk, and seamless handover between stablecoins.
  2. More stable for stored value-the Huobi bears the risk of instability of stablecoin.
  3. Convert with no cost-remove the commission fee between stablecoin conversions.
Huobi Prime
Huobi Prime, the Launchpad platform is unique as it is not a fundraising platform, and any coins purchased on the platform are immediately deposited into the users’ wallets and tradable on Huobi Global. Huobi Prime offers its users early access to the coins of premium projects, which can be bought using its native crypto currency, the Huobi Token. To avoid dumping, Huobi has implemented an innovative idea of a period of tiered price limits.
Huobi FastTrack
Huobit FastTrack, rebranded from Huobi Prime Lite, is a new listing model. Wherein, all participants will have a direct say in what projects are listed on Huobi Global and when. In addition, winning voters will get access to quality tokens at below market rates. The program also provides much needed exposure and a straightforward listing process.
Huobi Wallet
Huobi Wallet is a professional Multi-chain light wallet app from Huobi Group, the leading global digital asset exchange. Huobi Wallet leverages multiple blockchain security-related patents, including patents for security isolation and data encryption, to provide state of the art protection for digital assets assured by the Huobi Wallet Security Team. For more information, visit: www.huobiwallet.com. So far Huobi Wallet supports BTC, BCH, LTC, ETH, ETC, USDT and all ERC20 tokens.
Huobi Chain
Created in partnership with technical development partner Nervos, Huobi Chain provides a regulator-friendly blockchain framework for financial organizations to deploy DeFi services and applications, including their own blockchains, tokenized assets, payments and identity verification, lending services, decentralized exchanges, and more.
Huobi Chat
Huobi Chat is the social network service platform oriented towards the era of blockchain and an autonomous social network in the future. Huobi Chat combines the advantages of the social network, Huobi Group and global ecosystem platform. It is established with an aim to achieve free communication, fair incentives and interconnectivity of upstream and downstream industry in the digital assets society. Based on blockchain encryption and consensus mechanism, it can connect Users and partners, and provide the digital enthusiasts worldwide with social, sharing, markets, information, e-commerce, games, entertainment, and other one-stop services. Meanwhile, we introduce third-party content and service providers through the IM open platform to build the global ecology of Industry and activate the flow.
Huobi Mining Pool
As a sub-brand of Huobi Group, Huobi Pool is an important component of Huobi’s global ecological strategy. It covers Staking business, POW business and public chain technical service provider. As the largest POS community in the Asia-Pacific region, a leading POW mining pool and a node for various public chains, Huobi Pool is dedicated to providing one-stop financial services and solutions for all types of token holders.
Huobi launched HT Lock and Mine operations on 25th July 2019 (GMT+8). Users who lock HT tokens receive daily HPT rewards. Specific reward quantity will depend on lock option period selected, quantity locked and Huobi Pool’ s mining hash power and daily float.
DPOS Rewards: All Huobi Global users with more than 1,000HPT holdings in their HBG account will receive DPOS mining rewards. Currently, token reward received under DPOS mining include EOS, TRX, CMT, ONG, IOST, ATOM, IRIS, LAMB。
Huobi Global: https://www.huobi.com/en-us/
Join Indian Group: https://t.me/huobiglobalindia
Global telegram Channel: https://t.me/huobiglobalofficial
Join Huobi by click here: https://www.huobi.com/en-us/topic/invited/?invite_code=eyhj5
submitted by IndianCrypto to HuobiGlobal [link] [comments]

BitMEX CALCULATOR for Profits and Fees calculations in Excel file. Explained 100X Margin trade BTC in USA The basics of margin trading - YouTube Trading Bitcoin: 4 Steps to Calculate Your Position Size - Risk Management EXPLAINED ★ Margin Trading on Binance Tutorial

Margin and futures trading allows you to borrow money against your current capital, to trade cryptocurrency (contracts). So you don’t use your capital to trade crypto directly, but indirectly. You use your capital to borrow even more money. So you can buy a bigger position with less money. This is why it is also called leveraged trading. WIN WITH BTC AND ETH. The Margin Wizard calculator gives users the ability to trade both Bitcoin and Ethereum on BitMex. Want to learn more? Check out this introductory video that explains what The Margin Wizard calculator is all about. We are always open and accessible, so if you still have question, please join our Telegram, or find us on ... XAU fixed leverage 1:100. XAUUSD 1 LOT=100 Contracts. Example 1: XAUUSD 1 Lot = Volume x 100 x Current Price ÷ Fixed Leverage 1 x 100 x 1289 ÷ 100 = 1289. If account currency is BTC then 1289 ÷ 5141 (BTCUSD Rate) = 0.25072943 So if you have 1000 USD in your margin wallet, that 1000 USD will serve as collateral for opening margin positions to a maximum of 5:1. ie a margin position with a USD value up to 5000 USD. Assuming a BTC price of 250 you would be able to open a long or short margin position of 5000 / 250 = 20 BTC Three free calculators for profit margin, stock trading margin, or currency exchange margin calculations. Also, learn more about the different definitions of margin in finance, experiment with other financial calculators, or explore hundreds of other calculators addressing topics such as math, fitness, health, and many more.

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BitMEX CALCULATOR for Profits and Fees calculations in Excel file. Explained

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