Which is The Best Bitcoin Contract Exchange? Introduction to The Three Well-Known Contract Platforms

This article mainly introduces which is the best bitcoin contract exchange? The relevant information introduced by the three well-known contract platforms, friends who need it can refer to the detailed introduction of this article Bitcoin futures trading works on the movement of Bitcoin, providing the movement of Bitcoin to either direction, because it is the underlying asset on which the option is based.

 Allowing leverage for larger positions, options allow you to go long if you think the market is going north, and short future options positions if you think the market is going south.

 Additionally, the leverage available on Bitcoin futures allows trades to be as high as 100x, an option that also makes the trader’s situation even more ideal, with the available opportunities to trade future options presenting exciting opportunities for traders.

 So which is the best bitcoin contract exchange? Let me introduce the three well-known contract platforms below.

Which is the best bitcoin contract exchange?

1. Binance

Binance, the world's leading international website for blockchain digital assets, provides a wide range of digital currency transactions, blockchain education, blockchain project incubation, blockchain asset issuance platforms, blockchain research institutes and blockchain Charity and other services, currently users cover more than 180 countries and regions around the world, with 1.4 million single/second core memory matching technology, it is one of the fastest platforms for cryptocurrency transactions in the world, and also the platform with the largest cryptocurrency transaction volume in the world one.

2. Ou Yi

Ouyi - OKX is the world's leading encryption ecological builder, established on 2017.5.31. With the world's top encrypted asset trading platform, Web3.0 entrance - Web3 Wallet and OKC, which aims to provide a secure and programmable smart contract platform for the next generation of Web3 applications, it has created a world-leading Crypto trading system such as a unified trading account.

3. Fire will

Huobi - global professional website is an innovative digital asset international website of Huobi Group serving global professional trading users. It is committed to discovering high-quality innovative digital asset investment opportunities and currently provides more than 40 types of digital asset transactions. And investment services, headquartered in Singapore, operated by Huobi global professional station team. Huobi Group is a comprehensive digital asset service provider with global competitiveness and influence, providing high-quality services to millions of users in more than 130 countries. There are independent trading business and operation centers in Singapore, Hong Kong, South Korea, Japan and other countries and regions.

What about Bitcoin contract trading?

As mentioned earlier, being able to trade with up to 100x leverage means, if the trade goes well, earning 100x the normal Bitcoin volatility in the delivery option. Second, Liquidity - As traders' demand for Bitcoin trading continues to grow, there is now a lot of volume and liquidity in the futures options market as many traders prefer to trade options on futures.

 Third, the option to sell short to make money when Bitcoin is falling is a blessing that allows traders to profit from any movement that happens in the crypto world. No more waiting for Bitcoin to go up! Just find a deal and enter!Disadvantages may include some extra cost and higher risk, but if you're already taking the risk, the extra cost is worth the whole deal since the cost doesn't make up a huge portion of the deal. 

If the transaction goes well, they are still very tiny and can be ignored. Contract trading, also known as margin trading, is a type of derivative — a financial instrument that derives value from the spot value of a crypto asset. 

The difference between spot trading and derivatives trading is that the user does not own the underlying asset, but a contract linked to the spot price. Traders must choose margin for trading contract options. Margin is the amount of leverage a trader uses to increase their profit potential, proportional to the initial amount they invest, traders can choose from 2x, 3x, 5x, 10x, 50x and up to 100x.

The above is which is the best Bitcoin contract exchange? The detailed introduction of the three well-known contract platforms. For more information about the introduction of Bitcoin contract exchanges, please pay attention to other related articles of Scenario!