What does OKEx contract price mean? (What does OKEx contract mean?)

08/11/2023 23:15 • NFT Newsflash • 66 views

The OKEx contract price refers to the specific meaning of the OKEx trading system automatically deciding whether to open or close a position based on the market situation. Specifically, when the price is above a certain point, the transaction will be executed, but this price is calculated based on the current market conditions. When the price is below a certain level, liquidation will be triggered and costs will be paid. Therefore, when Bitcoin drops to a certain amount, investors view it as a risk investment or asset allocation tool because there is a strong correlation between investment products and speculative products (such as leverage and options), and there is a high price volatility. (Image from WeChat public account BlockBeats)So, for users who have not used cryptocurrencies, what do the numbers in this image represent? Simply put, it means bullish or bearish, you can buy if you are willing, and vice versa. However, due to the complexity of the cryptocurrency market and high network fees, some users choose to play virtual games, while others want to buy these virtual games but do not understand them.So most of the time, people only focus on the word “speculation” rather than having a deep understanding of specific trading behaviors or activities, but rather consider trading methods more. For example, in some applications, we can use a simple example to illustrate: Let’s say if I hold 1 BTC, I can earn 100 times the profit. So, what if my funds lose $200? The answer is clear, that’s “losing money”.OKEx contract refers to an important concept to remember when trading on OKEx. It means that if you want to buy a specific digital currency or security for trading, your account needs to have a contract. But if you don’t like this feature, you can buy or sell the contract on other exchanges to maximize your profits.According to the regulations in the Exchange Act and the Banking Law, banks can provide deposit, withdrawal, and payment services to individuals or institutions. “When we use this financial instrument, we hold a certain amount of Bitcoin in the customer’s funds.” Therefore, “when we use the same funds to buy or sell the same commodity/stock/bond or other related investment products,” they are actually providing the client with the balance sheet of these investment products and using it for payment and loan businesses. So when people invest this money into another company, they no longer have it. Of course, even if they do it, it is to avoid the possibility of loss.Because each transaction must go through strict audits, the funds of those who want to earn income through smart contracts should be secure and reliable. Because if there is a wrong action, it will cause irreversible economic losses, such as in some cases where there may be unrecoverable risks.Furthermore, if someone thinks that their funds have been attacked by hackers, such as hackers being able to use their controlled system or someone trying to get a large amount of funds to steal private keys, then their funds will be completely liquidated, leading to the collapse of the entire system. If there is no such solution, hackers may break the agreement and ultimately put the user’s encrypted property at risk. But if a person really owns all their wealth and cannot retrieve all the value, they will be harmed. That’s why many investors choose to “wait a whole day of pain” because it is difficult to make the right investment decisions in the face of the real world, especially when problems arise, which is not easy to happen. And most people miss opportunities in the future: “I know that many people are looking for opportunities to enter the market before the bear market comes.” However, as time goes by and market conditions change, more and more users are turning to the field of virtual assets, and the virtual economy has become more mature. Although some companies have announced that they no longer support alternative currencies such as Bitcoin as legal tender, there are also more and more traditional enterprises entering the blockchain industry. Therefore, there is reason to believe that blockchain technology can not only change traditional business models but also completely disrupt existing investment methods.

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What does OKEx contract price mean? (What does OKEx contract mean?)

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