Cross-currency exchange rate transactions
In most exchanges, cryptocurrency products are traded with BTC, ETH or USDT as the underlying assets. For example, LTC/BTC is the price difference between LTC and BTC. Cross-currency exchange rate transactions can be simplified to buy and hold stronger cryptocurrencies, while selling weaker cryptocurrencies, so as to profit from the spread between them.
Futures spread
- It is possible to trade futures with the same asset but with different maturities.If the price gap narrows, you will make a profit.
- Spreads can be established on different types of cryptocurrencies or their futures, so that cross-currency spread transactions can be realized in the encrypted spot market.