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English
English
Cryptocurrency (English: Cryptocurrency, also translated as cryptocurrency, cryptocurrency) is a trading medium that uses cryptographic principles to ensure transaction security and control the creation of transaction units. Cryptocurrency is based on a decentralized consensus mechanism and relies on centralization The regulatory system is relative to the banking and financial system. This decentralized nature can facilitate direct peer-to-peer (C2C) transactions between individuals. However, instead of physical wallets and bank accounts, people access their cryptocurrencies through unique cryptocurrency wallets or cryptocurrency trading platforms. Bitcoin is the first cryptocurrency and the most famous cryptocurrency. It was created in 2009 by a person or group under the pseudonym Satoshi Nakamoto. Since then, thousands of cryptocurrencies have emerged around the world, each with unique characteristics and uses.
| Trading commodities | BTCUSD | ETHUSD |
|---|---|---|
| Trading hours (Beijing time) | Monday 06:01 AM to Tuesday 05:59 AM, Tuesday 06:15 AM to Saturday 04:59 AM(summer) Monday 07:01 AM to Tuesday 05:59 AM, Tuesday 06:15 AM to Friday 05:59 AM, Friday 06:15 AM to Saturday 05:49 AM(winter) |
Monday 06:01 AM to Tuesday 05:59 AM, Tuesday 06:15 AM to Saturday 04:59 AM(summer) Monday 07:01 AM to Tuesday 05:59 AM, Tuesday 06:15 AM to Friday 05:59 AM, Friday 06:15 AM to Saturday 05:49 AM (winter) |
| Settlement time (Beijing time) | 06:00-06:15 every morning | 06:00-06:15 every morning |
| unit | 1BTC | 1ETH |
| Minimum price fluctuation | 0.01 | 0.01 |
| price limit distance | 5000 ideas | 1500 ideas |
| Minimum transaction volume | 0.01 | 0.01 |
| bid-ask spread | 6000 ideas | 500 ideas |
| Unit handling fee | $50/standard contract | $50/standard contract |
| Basic margin | 6,000 USD/standard contract (the margin will be increased to 15,000 USD after the market has passed) | US$1,200/standard contract (the margin will be increased to US$3,000 after the market has passed) |
| pip value | $0.05 per point | $0.1 per pip |
| Inventory fee calculation | Buy (per contract): -20% Sell (per contract): -20% (Daily interest = closing price * trading volume * 20% / 360 * pip value) | |