What about Huobi s contract? Why can Huobi Futures only open 5 times?

I don't think it's good, I will maintain it if I don't agree with it, and I didn't do it in 14 years, and then I opened it again, and the technology still doesn't work.

I haven't played contracts in Huobi, I use OK contracts.

The leverage ratio is basically between 2 times and 5 times, compared with the 10 times and 20 times range of the contract, the leverage is obviously less risky, and the operation calculation is easier, which is suitable for investors with low risk appetite to participate.

In addition, leveraged trading carries a high level of risk, because profits and losses will be magnified several times. If the loss touches the minimum liquidation line of margin trading, if you fail to make up more collateral margin to the trading platform in time, the trading platform will usually take the method of forced liquidation to settle the transaction, which means that the margin you pledged to the trading platform will be completely lost.

Huobi leverage. Huobi margin trading has 1x, 5x, 10x, and 20x leverage. Huobi users cannot directly deposit funds to their lending accounts for the time being, and can transfer funds from their trading accounts to their lending accounts through fund transfer.

When the user borrows money, he can transfer the part of the loan account with a risk rate higher than 200% to the trading account; When the user does not borrow, he can transfer all the available funds in the account to the trading account.

Almost all players who do spot know Huobi, which is very suitable for spot, but Huobi's contract is not as suitable for anyone as its spot, especially novices.

First of all, Huobi's contract is coin-margined, and it is deliverable, which means that the contract of whatever currency you open must be operated with the corresponding coin. This kind of contract is not suitable for novices, why? Because the contract delivered at the currency standard is out of the spot market, its contract is completely generated by the game between long and short, and there is often a premium.

For example, the spot ** is 7000, and the contract is already 7500, which is often the case, which is one thing. On the other hand, its settlement has a liquidation mechanism, for example, if you make money in the contract. You can't withdraw this money, you can't withdraw it until after delivery, then if there is a margin after delivery, the money you earned is likely to be returned.

So, his contract design is very unfriendly to newbies.

58coin exchange is a platform that rises very fast, the background strength is also relatively strong, I personally prefer his USDT perpetual contract, as we all know, to carry out contract trading, there is a necessary condition is to use the corresponding currency, and now there are more and more mainstream currencies, if we do not have a lot of funds, we need to often change positions. Back and forth, I didn't make much money, but the handling fee contributed a lot. In such an environment, the USDT contract launched by 58coin is quite suitable for players with small funds.

I think the USDT contract fills the gap in the best market in the currency market.

First of all, we all know that USDT is a stablecoin, and the value of the currency is not much, in addition, the volume is large enough, and it is the most used stablecoin on major exchanges, and the USDT contract is to use USDT to open positions in various mainstream currencies, but the opening position is USDT, and the settlement is also USDT.

In this way, your profit is always USDT, and you can avoid the decline in the currency price, and the profit will be as much as you want. In addition, the minimum handling fee of 58coin is about 10,000 on other platforms, and some foreign exchanges even have 1,000 handling fees.