1. Futures and cash arbitrage is the act of traders trading in the two markets in reverse to take advantage of the change in spread to gain risk-free profits when the spread between the futures market and the spot market changes unreasonably. A stock index futures contract is a financial futures contract with a stock price index as the underlying, and the futures index should theoretically maintain the same trend as the spot index. In reality, deviations between the futures contract and the s...

1. Futures and cash arbitrage is the act of traders trading in the two markets in reverse to take advantage of the change in spread to gain risk-free profits when the spread between the futures market and the spot market changes unreasonably. A stock index futures contract is a financial futures contract with a stock price index as the underlying, and the futures index should theoretically maintain the same trend as the spot index. In reality, deviations between the futures contract and the s...

Grayscale Bitcoin Trust, or GBTC for short, is Grayscale's largest investment vehicle. Founded in 2013 by Digital Currency Group and headquartered in New York, USA, Grayscale is a trusted authority on digital currency investments. and is registered with the US Securities and Exchange Commission (SEC) with total greyscale bitcoin trust assets of $7,619 million as of 9 November 2020. At this stage, when the Bitcoin ETF is still not approved by the SEC, it is a compliant way to passively in...

Grayscale Bitcoin Trust, or GBTC for short, is Grayscale's largest investment vehicle. Founded in 2013 by Digital Currency Group and headquartered in New York, USA, Grayscale is a trusted authority on digital currency investments. and is registered with the US Securities and Exchange Commission (SEC) with total greyscale bitcoin trust assets of $7,619 million as of 9 November 2020. At this stage, when the Bitcoin ETF is still not approved by the SEC, it is a compliant way to passively in...

1. bitFlyer is a privately owned company based in Tokyo, Japan and was founded in 2014. It operates one of the largest cryptocurrency exchanges with 2.5 million users and has developed other crypto-related technologies. (1) Strengths and weaknesses of bitFlyer Strengths. -Easy-to-use interface for beginners -It is a licensed and regulated exchange -Advanced trading for professional traders -It offers a high level of liquidity Disadvantages. -Credit card trading is only available in Japan -Lim...

1. bitFlyer is a privately owned company based in Tokyo, Japan and was founded in 2014. It operates one of the largest cryptocurrency exchanges with 2.5 million users and has developed other crypto-related technologies. (1) Strengths and weaknesses of bitFlyer Strengths. -Easy-to-use interface for beginners -It is a licensed and regulated exchange -Advanced trading for professional traders -It offers a high level of liquidity Disadvantages. -Credit card trading is only available in Japan -Lim...

Perpetual contracts are not cleared on a monthly or quarterly basis as traditional contracts are. Because of this, crypto asset trading platforms have created a mechanism to ensure that the price of a contract matches the price of an index, known as a funding rate.(1) What are funding rates? Traditional contracts are cleared on a monthly or quarterly basis, depending on the contract specifications. At the time of liquidation, the contract price converges with the spot price and all open posit...

Perpetual contracts are not cleared on a monthly or quarterly basis as traditional contracts are. Because of this, crypto asset trading platforms have created a mechanism to ensure that the price of a contract matches the price of an index, known as a funding rate.(1) What are funding rates? Traditional contracts are cleared on a monthly or quarterly basis, depending on the contract specifications. At the time of liquidation, the contract price converges with the spot price and all open posit...

A perpetual contract is an "innovative" futures contract, pioneered by BitMEX. Traditional contracts have an expiration date, while perpetual contracts do not have a delivery date and can be held forever, so they are called perpetual contracts. (1) What is a perpetual contract? A perpetual contract is an innovative financial derivative that is based on a delivery contract, but has many differences from the previous one. A perpetual contract is similar to a secured asset market in that its pri...

A perpetual contract is an "innovative" futures contract, pioneered by BitMEX. Traditional contracts have an expiration date, while perpetual contracts do not have a delivery date and can be held forever, so they are called perpetual contracts. (1) What is a perpetual contract? A perpetual contract is an innovative financial derivative that is based on a delivery contract, but has many differences from the previous one. A perpetual contract is similar to a secured asset market in that its pri...

1. Traditional contracts are cleared on a monthly basis or quarterly depending on the contract specifications. At the time of liquidation, the contract price converges with the spot price and all open positions expire. Perpetual contracts are widely used by many crypto asset derivatives trading platforms and are similar in design to traditional contracts, but with one key difference. Unlike traditional contracts, a perpetual trader can hold a position forever, with no expiry date and no need ...

1. Traditional contracts are cleared on a monthly basis or quarterly depending on the contract specifications. At the time of liquidation, the contract price converges with the spot price and all open positions expire. Perpetual contracts are widely used by many crypto asset derivatives trading platforms and are similar in design to traditional contracts, but with one key difference. Unlike traditional contracts, a perpetual trader can hold a position forever, with no expiry date and no need ...

Bitcoin is a cryptocurrency based on decentralization, using a peer-to-peer network with consensus initiative, open source, and a blockchain as the underlying technology. Bitcoin was published by Satoshi Nakamoto on October 31, 2008, and the Genesis block was born on January 3, 2009. In some countries, central banks, government agencies, and academics view Bitcoin as a virtual commodity and not as a currency. (1) What is a safe-haven asset A hedge asset is a relatively stable asset that does ...

Bitcoin is a cryptocurrency based on decentralization, using a peer-to-peer network with consensus initiative, open source, and a blockchain as the underlying technology. Bitcoin was published by Satoshi Nakamoto on October 31, 2008, and the Genesis block was born on January 3, 2009. In some countries, central banks, government agencies, and academics view Bitcoin as a virtual commodity and not as a currency. (1) What is a safe-haven asset A hedge asset is a relatively stable asset that does ...

Tether, also known as USDT, is a controversial cryptocurrency issued by Tether Limited, which is controlled by the owners of Bitfinex. USDT is a stablecoin. Issued in 2014, this coin is a blockchain-based platform that facilitates the use of fiat currency through digital means. (1) Register an account A personal Coin account can act as a portal to buy coins. However, before you can buy Tether (USDT), you need to open an account and complete your identity verification. ①Go to the Coinan websit...

Tether, also known as USDT, is a controversial cryptocurrency issued by Tether Limited, which is controlled by the owners of Bitfinex. USDT is a stablecoin. Issued in 2014, this coin is a blockchain-based platform that facilitates the use of fiat currency through digital means. (1) Register an account A personal Coin account can act as a portal to buy coins. However, before you can buy Tether (USDT), you need to open an account and complete your identity verification. ①Go to the Coinan websit...

Perpetual contracts are an "innovative" futures contract, pioneered by BitMEX. Traditional contracts have an expiry date, while perpetual contracts have no delivery date and can be held forever, hence the name Perpetual Contract. (1) What is a Perpetual Contract A Perpetual Contract is an innovative financial derivative that builds on, but differs from, a delivery contract. A perpetual contract is similar to a covered asset market in that it is priced close to the price of the underlying refe...

Perpetual contracts are an "innovative" futures contract, pioneered by BitMEX. Traditional contracts have an expiry date, while perpetual contracts have no delivery date and can be held forever, hence the name Perpetual Contract. (1) What is a Perpetual Contract A Perpetual Contract is an innovative financial derivative that builds on, but differs from, a delivery contract. A perpetual contract is similar to a covered asset market in that it is priced close to the price of the underlying refe...

1. (1) What is a perpetual contract A perpetual contract is an innovative financial derivative that is based on a delivery contract, although there are many differences compared to the former. A perpetual contract is similar to a covered asset market in that it is priced close to the price of the underlying reference index and there is no concept of an expiry date for delivery. As long as the contract does not blow up, you can hold it for as long as you want. (2) What is Leveraged Trading Lev...

1. (1) What is a perpetual contract A perpetual contract is an innovative financial derivative that is based on a delivery contract, although there are many differences compared to the former. A perpetual contract is similar to a covered asset market in that it is priced close to the price of the underlying reference index and there is no concept of an expiry date for delivery. As long as the contract does not blow up, you can hold it for as long as you want. (2) What is Leveraged Trading Lev...

A delivery contract is a futures contract in which both parties agree to buy and sell the contract at the price of the futures at a specified time, also known as the delivery date. The contract is a digital currency contract with USDT as the unit of denomination and settlement for regular delivery. The price of the contract is entirely formed by the market mechanism and does not use an index but the latest transaction price to calculate profit and loss. (1) What is a delivery contract? A deli...

A delivery contract is a futures contract in which both parties agree to buy and sell the contract at the price of the futures at a specified time, also known as the delivery date. The contract is a digital currency contract with USDT as the unit of denomination and settlement for regular delivery. The price of the contract is entirely formed by the market mechanism and does not use an index but the latest transaction price to calculate profit and loss. (1) What is a delivery contract? A deli...

Anonymous coins are a special blockchain token that hides the amount of the transaction and the sender and receiver during the transaction process. The counterpart of this is the "visible coins" of Bitcoin and Ether. (1) What is an anonymous coin? As the name suggests, a "privacy digital currency" is a cryptocurrency that ensures the privacy and anonymity of its users. In the simplest terms, privacy digital currencies rely on the same blockchain technology as cryptocurrencies such as Bitcoin,...

Anonymous coins are a special blockchain token that hides the amount of the transaction and the sender and receiver during the transaction process. The counterpart of this is the "visible coins" of Bitcoin and Ether. (1) What is an anonymous coin? As the name suggests, a "privacy digital currency" is a cryptocurrency that ensures the privacy and anonymity of its users. In the simplest terms, privacy digital currencies rely on the same blockchain technology as cryptocurrencies such as Bitcoin,...