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1  Other / Beginners & Help / Re: What is the difference between Bitcoin options and cryptocurrency futures? on: October 12, 2019, 09:43:03 AM
It is easy to understand. The so-called “Options” is just guess whether price will rise or fall, but, comparing with “Futures”, it has evident advantage. For example, if you invest in bitcoin futures without excellent price forecast, you will be forcely liquidated in just few minutes. In addition, you have to pay Margin and Trading fee.

However, bitcoin options is totally a different thing, just like bitoffer’s bitcoin option product (BTC Seer) in which there’s neither Margin nor Trading fee, and forced liqudation, and only thing you need to do is guess wether price will rise or fall. And BTC Seer supports various time period(2min, 5min, 15min, 1day), and it means you can play BTC Seer anytime and anywhere, making the best of fragmented time. But as for futures, if you don’t view the chart all day long, any carelessness may result in forced liquidation with high probability.

The last thing is profit. BTC Seer’s profit is much higher than Futures sometimes, and the reason is that futures’ profit is mostly rely on leverage, and if you invest futures with low leverage, the profit will be low too. Whereas, BTC Seer(bitcoin options) can reach the high-level profit without leverage. For example, Bitcoin price is 10000 USDT and you guess the price will fall. So, you bought a put contract with 5 USDT. As expected, the price fall to 9500 USDT in 5 minutes. After liqudation, you will win 500 USDT, so the principle would be magnified 100 times. This is why people think bitoffer’s BTC Seer is consistent with the trend and “BTC Seer” is due to be launched in late October.
2  Bitcoin / Bitcoin Discussion / Re: What is BTC Seer? is this a bitcoin option product from bitoffer exchange? on: October 09, 2019, 10:31:26 AM
“BTC seer” is a bitcoin option product from bitoffer exchangewhich is featured with low trading fee, high liquidity and cryptocurrency derivative(bitcoin options). BTC Seer has 2 ways to play for: “Digital option”(btc option) and “Option”(bitcoin option). In this bitcoin option(BTC Seer), users own the opportunity to earn profit up to 1,000X leverages no matter bear/bull markets(it’s nearly main feature of this bitcoin option), and this also is a feature which other bitcoin options product on the market don’t have.

What’s more, BTC Seer is supposed to be the fairest and transparent bitcoin option, because this bitcoin option’s Price-Weighted Index is decided by the spot price (BTC/USDT) on Huobi, OKEx, Binance, and the other 4 exchanges.
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