- What is bitcoin futures?
- Bitcoin Futures Transaction Charts
- Mark Pirce
- Which exchange to choose
To initial Bitcoin transaction, you should first of all, know Bitcoin futures
What is bitcoin futures?
Futures are an agreement between two parties to buy or sell a commodity or financial instrument on a precise future date at a specified price.
When the contract expires, both parties to the contract must buy and sell at the agreed price – even if the price of the underlying asset has fallen or risen over time.
Futures are used to try to make a profit when people speculate on the price movement of the underlying asset.
They are also used to hedge against the risk of price fluctuations, which is especially useful when the underlying asset’s price is very volatile.
Bitcoin futures is the futures based on Bitcoin.
To initial Bitcoin transaction, you need also to know the following concepts
Bitcoin Futures Transaction Charts
To better play bitcoin futures, you’ll need to know leverage and capital fee
Moreover, you’ll need to know how to read Bitcoin Futures charts
A Bitcoin futures chart include
- K-line Chart
- Mark Price
Just like BTC/ USDT K-line, this K-line is for Bitcoin futures.
It shows the change of price of Bitcoin futures in time framework of 1m, 5m, 15m, 30m, 60m, 4h, 1d, 1w etc
It’s the current price of Bitcoin futures.
Bitcoin futures price might be a little different from Bitcoin price, but it won’t be far away from Bitcoin price.
You’ll see your position information here.
You’ll see what leverage you’ve used.
Your position direction is bull or bear.
You’ll see the margin information and a lot of other information
You can place order any time.
Before placing an order, you’ll need to consider to long or short.
You’ll consider at what price you want to open position.
You’ll consider how many futures contracts you are going to buy.
To know detailed information of the contract, you’ll need to check futures announcement.
Which exchange to choose
JEX is one of the most professional Bitcoin futures trading exchange in the world.
It also offers other crypto futures and crypto options.
JEX official website www.jex.com
JEX official Twitter JEX Twitter
If you want to know more about Bitcoin futures transaction, or you have any other question, you could contact via the following way to get JEX support.