What is Contract Trading for Cryptocurrency (Can you make money with contract trading)?
Contract trading for cryptocurrency is a financial derivative that involves buy
Contract trading for cryptocurrency is a financial derivative that involves buying and selling based on the price of a specific asset. Generally, investors can engage in contract trading through two methods: the first is purchasing digital currencies or other tokens anchored to them at a fixed price, and the second is using a fixed amount of cryptocurrency as an investment target, such as Bitcoin or Ethereum. The third type involves using various digital assets on platforms, such as Bitcoin, Litecoin, Monero, etc.
Can you make money with contract trading for cryptocurrency?
Currently, apart from Bitcoin, almost all other encrypted assets in the cryptocurrency market are in a loss state. According to data from Coinmarketcap, as of August 18th, the global market capitalization of digital currencies was $2.91 trillion, a decrease of 13.6% compared to May’s $4.77 trillion, while trading volume increased by 11.2%. Among the top 10 digital currencies, only BTC, ETH, and XRP have profitable potential, while other mainstream currencies have also experienced varying degrees of losses.
Therefore, can you really make money with contract trading for cryptocurrency? Let’s take a look together:
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/crypto/24280.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
The Impact of Registering AIC Currency (What is AIAC Coin)
The registration of AIC currency has various impacts. AIC coin is a digital asse
-
Uncovering the Traces: An Insight into the Mysterious Bitcoin Transactions
According to reports, according to Whale Alert monitoring, 1512 BTCs were transferred from unknown wallets to Coin An, with a value of approximately $45.66 million.
About $45.66 mi -
Aztec Network shifts focus to privacy smart contract protocol
On March 14, Aztec Network, a privacy and expansion solution based on ZK Rollup, said that it had not been contacted by the regulatory authority and that closing Connect was a commercial consideration; The maintenance cost of Aztec Connect is not low; The team is focusing on the next generation of default privacy programmable smart contract protocol Noir (using the bitcoin style UTXO model, which will abstract zero-knowledge proof and cryptography, and application developers can develop Noir smart contracts without understanding cryptography); Still focus on Layer2, not Layer1. （ ChainFeeds） Aztec Network: not contacted by the regulatory authority, closing Connect is a commercial consideration Analysis based on this information:Aztec Network, a privacy and expansion solution based on ZK Rollup, recently made an announcement regarding its decision to shift its focus from Aztec Connect to the next generation of privacy smart contract protocol, Noir. According to the company, the decision to close Connect was a commercial consideration, as the maintenance cost…
-
What is the current height of BTC (recent btc)?
What is the current height of BTC? What is the current height of BTC?The volati
-
Table of Contents
It is reported that the full chain lending agreement Radiant Capital has now been deployed to BNBChain. Radiant Capital has previously launched Arbitrum, with a current lockup of $
-
Dog Coin Co-founder Criticizes Modern Financial Market
On March 14, Billy Marcus, the co-founder of Dog Coin, slammed the modern financial market, saying that everything happened in the market was “crazy and stupid”, apparently referring to the recent collapse of banks such as Silicon Valley Bank. Marcus wrote in a tweet on Monday: “Please always remember that everything in the modern financial market is crazy and stupid.” At this uncertain moment, investors have seen the collapse of SVB Financial Group, the parent company of Silicon Valley Bank, and Signature Bank, the largest cryptocurrency bank in the United States. In order to protect depositors and avoid systemic collapse, the US regulators rescued the two banks. Elon Musk, CEO of Tesla and Twitter, responded: “That’s almost the case”, agreeing with Marcus. (Golden Ten) The founder of Dog Coin said that the bank incident in Silicon Valley was “extremely stupid”, and Musk agreed Analysis based on this information:In a tweet on March 14, Billy Marcus, the co-founder of Dog Coin,…
-
Euroease Launches BLUR Recharge, Trading and Withdrawal on its platform
According to the official news of Euroease, Euroease has opened BLUR recharge at 04:00 (HKT) on February 14. The opening time of BLUR/USDT and BLUR/USDC is 01:…
-
Understanding the Lockup Volume on Ethereum Layer2
According to reports, L2BEAT data shows that as of now, the total lockup on Ethereum Layer2 is $9.56 billion, a decrease of 2% in the past 7 days. Among them, the highest lockdown
-
The Singapore Monetary Authority plans to release consultation feedback on cryptocurrencies and stable currencies by the middle of this year
According to reports, the Monetary Authority of Singapore (MAS) said on Monday that its goal is to publish consultation feedback on cryptocurrencies and stable currencies by the mi
-
Cello Foundation and Google Cloud Partner to Enhance Mobile Priority Infrastructure and DApps Adoption
According to reports, the Cello Foundation has partnered with Google Cloud to support mission aligned projects in the Cello blockchain ecosystem and promote the early adoption of G