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Author Topic: Detailed explanation of bitcoin leverage transaction  (Read 61 times)
piu2045 (OP)
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May 07, 2021, 07:17:49 AM
 #1

Archimedes once said: if you give me a fulcrum, I can move the earth.

Scientists have proved that this sentence has a certain scientific basis by using geometry and rigorous logical argument.

When the leverage theorem is extended to finance and economics, can it also leverage the capital world? The answer is yes.

The positioning of leveraged trading on bit-z is similar to the principle of leverage.

We should enlarge the principal and invest more with small funds, so as to double the profits or make losses.

In other words, players can use small funds to pry big turntable, but the risk will gradually increase.

Leveraged trading is generally suitable for people who have a certain understanding of the operation of capital market. Unlike currency trading, the essence of leveraged trading is debt. It can save effort by borrowing funds to operate, and the gains and losses are multiplied.

For example: A has a capital of 100000 yuan, how to play? Leverage trading is divided into three parts: borrowing, trading and repayment.

Borrowing and lending: first, log in to bit-z official website and click the leverage trading button to enter the leverage trading interface. Currently, the temporarily selected trading pair is BTC / usdt.

After selection, the loan principal can be transferred to the transaction pair account (BTC and usdt can be transferred into the principal).

After transfer in, based on the amount of principal, a certain multiple of the amount that can be borrowed can be displayed. You can apply for a loan according to your actual needs.

Transaction: after completing the loan application, you can enter the long or short link.

So what is long or short【 Buy is long] to judge that the currency price will rise, transfer the principal into the leverage account, borrow the platform funds, buy at a low price, sell at a high price, return the loan amount and interest of the platform, subtract the principal and handling charges, and the remaining funds are the profit amount of the funds.

Similarly, "sell is short.".

Judge that the currency price will fall, transfer the principal into the leverage account, borrow the platform funds, sell at a high price, buy at a low price, and return the loan amount and interest of the platform. The larger the difference between the currency price is, the more profitable it is to short.

Of course, if you make a wrong judgment in the process of transaction, the loss will double as the profit. Return: if you borrow money, you will have to return it. When you need to return the loan money and interest, you can click leverage management and choose loan return.

The loan of bit-z is calculated by the hour, and it is not mandatory to repay the interest! See the specific lending rate
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May 08, 2021, 03:41:53 AM
 #2

You misunderstood it.

Sell is not Short
Buy is not Long.

Buy and Sell is when you actually own coins in your accounts. Long or short are different when you have yet own those coins or not full amount of coins in your Long or short positions.

Long Position vs. Short Position: What's the Difference?
What Is Margin Trading?

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