BTCWhat is OKX? Team Background and History (OKX's most authoritative mystery solving)
1. OKX was founded in 2017 as a cryptocurrency trading services company. The company has since amassed over 20 million users and expanded its digital asset investment portfolio, which includes OKX Earn, a tool for earning passive cryptocurrency income, an NFT trading platform and decentralised app discovery centre, and the recently launched MetaX, OKX's new decentralised model that offers a cross-chain dashboard and self-hosted Web 3.0 wallet for storing (digital assets such as NFT). Wit...
BTCWhat is pledging
You can think of an equity pledge as a less resource intensive alternative to mining. This option involves placing holdings into cryptocurrency wallets to provide security and operational support for the blockchain network. Simply put, equity pledging is the act of locking up cryptocurrencies for rewards. (1) What is a Pledge of Interest A pledge of interest is a process by which holders of a particular token can receive a reward. Pledges of interest originate from a proof-of-interest mechani...
BTCHow to play the perpetual contract (the most authoritative) translation
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...
BTCWhat is OKX? Team Background and History (OKX's most authoritative mystery solving)
1. OKX was founded in 2017 as a cryptocurrency trading services company. The company has since amassed over 20 million users and expanded its digital asset investment portfolio, which includes OKX Earn, a tool for earning passive cryptocurrency income, an NFT trading platform and decentralised app discovery centre, and the recently launched MetaX, OKX's new decentralised model that offers a cross-chain dashboard and self-hosted Web 3.0 wallet for storing (digital assets such as NFT). Wit...
BTCWhat is pledging
You can think of an equity pledge as a less resource intensive alternative to mining. This option involves placing holdings into cryptocurrency wallets to provide security and operational support for the blockchain network. Simply put, equity pledging is the act of locking up cryptocurrencies for rewards. (1) What is a Pledge of Interest A pledge of interest is a process by which holders of a particular token can receive a reward. Pledges of interest originate from a proof-of-interest mechani...
BTCHow to play the perpetual contract (the most authoritative) translation
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...
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Blockchain technology is an advanced database mechanism that allows information to be shared transparently across an enterprise network. A blockchain database stores data in blocks, while the databases are linked together in a chain. The data is consistent over time because you cannot delete or modify the chain without network consensus. You can therefore use blockchain technology to create immutable ledgers to keep track of orders, payments, accounts and other transactions. The system has built-in mechanisms to block unauthorised transaction entries and create consistency in the shared view of these transactions. So what is a blockchain browser? (1) What is a blockchain browser The Blockchain Browser is the main window for browsing information on the blockchain. Information about each block record is available on the Blockchain Browser. Because all data on the chain is traceable, non-tamperable, non-falsifiable, open and transparent, through the "Blockchain Browser", we are able to query all the data we want to query. In this case, users include at least: developers, coin holders, DApp users, miners, regulators, people interested in the blockchain, and so on. This is often related to the stage of the blockchain. When the public chain is on the main network, cryptocurrency holders, DApp users, miners, etc. will gradually need to use the blockchain; and as the public chain becomes more influential, regulation and users who are curious about the blockchain will also use the product. The so-called blockchain all information, which will often include: ChainInfo, BlockInfo, TransactionInfo, ContractInfo (TokenInfo, Scriptinfo), AddressInfo, etc., which also basically constitutes the product architecture of the blockchain browser product. (2) Basic elements of blockchain browser The basic blockchain browser product design rules: original data, derived data, chain core indicators -The first thing you need to do is to understand the problem you are trying to solve with the blockchain you are designing, and find the core metrics that can measure the blockchain. -The product architecture of the blockchain browser is: chain - block - Tx - contract - address, based on which we can get the raw data on the chain. -The blockchain browser, while presenting the raw data, must also find other data that can be derived from this data and present it to the user in a hierarchical manner based on the core data metrics it constructs. In summary, the essence of a basic blockchain browser is to reasonably present both raw and derived data to all types of users based on the chain's core metrics. (3) What the blockchain browser can query Taking Tokenview as an example, as the world's largest all-currency blockchain data platform, Tokenview supports 100+ mainstream public chains and more than 100,000 smart contract data queries, covering nearly all the data on the current blockchain field on the chain, which can be queried to transactions, addresses, blocks and other information. -Each transaction on the blockchain mainly involves the transaction addresses of both parties, and these transaction data are packaged to generate data blocks. Users can search the Tokenview home page by address, transaction hash or blockchain height. -The 100+ blockchain browser portal is provided at the bottom of the home page, where users can see specific data on mainstream public chains, including currency prices, 24h up and down, latest block burst information (Note: The Bitcoin protocol states that one block will be created every 10 minutes across the network, and miners are rewarded with approximately 12.5 bitcoins for completing their computing tasks to discover a new block, which is also known as a block burst.) (The latest block out time, total transaction amount, etc.) -Each public chain supported by Tokenview has its own specific browser, for example, the Bitcoin blockchain browser can only query bitcoin related block information, and the ethereum blockchain browser can only query ethereum related block information. Take BTC as an example, after clicking into a main chain you can see more detailed information, including the counting power of miners across the network, the number of transactions on the 24h chain, the mining difficulty, the number of addresses holding coins, the number of daily transactions, etc. -If you still want to check more information, you can click the [Chart Indicator] module on the homepage and enter the name of the chain to see all the data at a glance. (4) Common terms used in Blockchain Browser Hash: It refers to the hash value of this block, which is calculated according to the parent hash. When you want to view a block, you can query it by the block hash. Block Heigh: From the birth of the creation block, the fast height is recorded as 1, and every time a block is created in the future (for different public chains, the number of blocks created at a time is not necessarily 1, such as Filecoin), it goes up + 1. Transactions: The total number of transactions contained in the block, including the number of normal transactions and the number of transactions with automatic execution of smart contracts. Block Reward: the number of coins contained in this block. Size: is the size of the block, it is not a fixed value, it is related to the number of transactions, but the maximum value of each block is 2M. Fee: The fee for a transaction. In Ether, the transaction fee = the amount of Gas consumed (Gas Used) * the price of Gas. The transaction fee is related to the number of bytes occupied by the transaction, not to the size of the transfer. Gas Limit: It is the maximum amount of Gas that can be used in this block. When Gas Used < Gas Limit, it will be packed successfully, otherwise it will fail and start from scratch. Difficulty: A measure of the average number of operations required to mine a block, reflecting how long it takes to mine a certain number of blocks at a certain difficulty. There is also a Total Difficulty, which is the sum of the mining difficulty of all blocks on the public chain.
The content introduced above is only about the basics of cryptocurrency, which is related to whether we can make money through cryptocurrency. Cryptocurrencies make money not only by scientific methods to increase income, but also by finding ways to save money. The handling fees are small, but they must not be ignored. I have calculated that with frequent transactions and long trading hours, the accumulation of fees can add up to more than 10,000 U a year. Next I will introduce a few common ways to reduce fees on large trading platforms. (1) Lowering Binance's fees Binance is currently the world's largest digital currency exchange, and you must sign up for Binance if you want to speculate on coins. The transaction fee is deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at a price of USD3,452.55 per share. Transaction fee = 10Ethereum0.1% = 0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1% = 34.5255USDT What many people do not know is that the Binance transaction fee can also be reduced. If you want to reduce your Binance trading fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC
(2) Reducing OKX fees OKX is a professional digital currency trading platform loved by many users, and its transaction fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: normal and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset size. The different tiers determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level. First method: OKX has an official maximum saving of 20%. Use the link below to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH Second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage. (3) Reduce FTX fees FTX is currently a very fast-growing, contract players more exchange, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692 3, trading road is long, together with forward Want to know more about how to reduce the commission? telegram: btcethcool We have set up a community dedicated to researching trading, add telegram friends to pull you into the community.
Blockchain technology is an advanced database mechanism that allows information to be shared transparently across an enterprise network. A blockchain database stores data in blocks, while the databases are linked together in a chain. The data is consistent over time because you cannot delete or modify the chain without network consensus. You can therefore use blockchain technology to create immutable ledgers to keep track of orders, payments, accounts and other transactions. The system has built-in mechanisms to block unauthorised transaction entries and create consistency in the shared view of these transactions. So what is a blockchain browser? (1) What is a blockchain browser The Blockchain Browser is the main window for browsing information on the blockchain. Information about each block record is available on the Blockchain Browser. Because all data on the chain is traceable, non-tamperable, non-falsifiable, open and transparent, through the "Blockchain Browser", we are able to query all the data we want to query. In this case, users include at least: developers, coin holders, DApp users, miners, regulators, people interested in the blockchain, and so on. This is often related to the stage of the blockchain. When the public chain is on the main network, cryptocurrency holders, DApp users, miners, etc. will gradually need to use the blockchain; and as the public chain becomes more influential, regulation and users who are curious about the blockchain will also use the product. The so-called blockchain all information, which will often include: ChainInfo, BlockInfo, TransactionInfo, ContractInfo (TokenInfo, Scriptinfo), AddressInfo, etc., which also basically constitutes the product architecture of the blockchain browser product. (2) Basic elements of blockchain browser The basic blockchain browser product design rules: original data, derived data, chain core indicators -The first thing you need to do is to understand the problem you are trying to solve with the blockchain you are designing, and find the core metrics that can measure the blockchain. -The product architecture of the blockchain browser is: chain - block - Tx - contract - address, based on which we can get the raw data on the chain. -The blockchain browser, while presenting the raw data, must also find other data that can be derived from this data and present it to the user in a hierarchical manner based on the core data metrics it constructs. In summary, the essence of a basic blockchain browser is to reasonably present both raw and derived data to all types of users based on the chain's core metrics. (3) What the blockchain browser can query Taking Tokenview as an example, as the world's largest all-currency blockchain data platform, Tokenview supports 100+ mainstream public chains and more than 100,000 smart contract data queries, covering nearly all the data on the current blockchain field on the chain, which can be queried to transactions, addresses, blocks and other information. -Each transaction on the blockchain mainly involves the transaction addresses of both parties, and these transaction data are packaged to generate data blocks. Users can search the Tokenview home page by address, transaction hash or blockchain height. -The 100+ blockchain browser portal is provided at the bottom of the home page, where users can see specific data on mainstream public chains, including currency prices, 24h up and down, latest block burst information (Note: The Bitcoin protocol states that one block will be created every 10 minutes across the network, and miners are rewarded with approximately 12.5 bitcoins for completing their computing tasks to discover a new block, which is also known as a block burst.) (The latest block out time, total transaction amount, etc.) -Each public chain supported by Tokenview has its own specific browser, for example, the Bitcoin blockchain browser can only query bitcoin related block information, and the ethereum blockchain browser can only query ethereum related block information. Take BTC as an example, after clicking into a main chain you can see more detailed information, including the counting power of miners across the network, the number of transactions on the 24h chain, the mining difficulty, the number of addresses holding coins, the number of daily transactions, etc. -If you still want to check more information, you can click the [Chart Indicator] module on the homepage and enter the name of the chain to see all the data at a glance. (4) Common terms used in Blockchain Browser Hash: It refers to the hash value of this block, which is calculated according to the parent hash. When you want to view a block, you can query it by the block hash. Block Heigh: From the birth of the creation block, the fast height is recorded as 1, and every time a block is created in the future (for different public chains, the number of blocks created at a time is not necessarily 1, such as Filecoin), it goes up + 1. Transactions: The total number of transactions contained in the block, including the number of normal transactions and the number of transactions with automatic execution of smart contracts. Block Reward: the number of coins contained in this block. Size: is the size of the block, it is not a fixed value, it is related to the number of transactions, but the maximum value of each block is 2M. Fee: The fee for a transaction. In Ether, the transaction fee = the amount of Gas consumed (Gas Used) * the price of Gas. The transaction fee is related to the number of bytes occupied by the transaction, not to the size of the transfer. Gas Limit: It is the maximum amount of Gas that can be used in this block. When Gas Used < Gas Limit, it will be packed successfully, otherwise it will fail and start from scratch. Difficulty: A measure of the average number of operations required to mine a block, reflecting how long it takes to mine a certain number of blocks at a certain difficulty. There is also a Total Difficulty, which is the sum of the mining difficulty of all blocks on the public chain.
The content introduced above is only about the basics of cryptocurrency, which is related to whether we can make money through cryptocurrency. Cryptocurrencies make money not only by scientific methods to increase income, but also by finding ways to save money. The handling fees are small, but they must not be ignored. I have calculated that with frequent transactions and long trading hours, the accumulation of fees can add up to more than 10,000 U a year. Next I will introduce a few common ways to reduce fees on large trading platforms. (1) Lowering Binance's fees Binance is currently the world's largest digital currency exchange, and you must sign up for Binance if you want to speculate on coins. The transaction fee is deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at a price of USD3,452.55 per share. Transaction fee = 10Ethereum0.1% = 0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1% = 34.5255USDT What many people do not know is that the Binance transaction fee can also be reduced. If you want to reduce your Binance trading fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC
(2) Reducing OKX fees OKX is a professional digital currency trading platform loved by many users, and its transaction fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: normal and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset size. The different tiers determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level. First method: OKX has an official maximum saving of 20%. Use the link below to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH Second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage. (3) Reduce FTX fees FTX is currently a very fast-growing, contract players more exchange, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692 3, trading road is long, together with forward Want to know more about how to reduce the commission? telegram: btcethcool We have set up a community dedicated to researching trading, add telegram friends to pull you into the community.
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