2 minutes to show you what the USDT positive digital currency contract is.
1. What is a USDT forward contract?
USDT margin trading is a contract product with USDT as the deposit. The whole process is settled by USDT, and the profit and loss are calculated by USDT, which is more intuitive to understand and understand. Margin and profit are not affected by market fluctuations, and we usually call them positive contracts.
Bottom line: As long as you hold USDT, you can directly do contract transactions in multiple mainstream currencies instead of holding multiple currencies for one-on-one transactions.
Second, the difference between USDT margin trading contract and monetary standard contract
Currency-based contracts: Also known as reverse contracts, BTC, EOS and other standard currencies are used as the settlement currencies, and it is necessary to hold the corresponding standard currencies for contract transactions. In the reverse contract, if you want to do bitcoin contract transactions, you must use bitcoin as the bookkeeping base currency. If it is a contract transaction of Ethereum, you must hold Ethereum.
Third, the advantages of USDT contract
1. The income is more intuitive.
The whole process of USDT settlement, using USDT to calculate profit and loss, is more intuitive to know and understand. For example, when you earn 100 USDT in the dollar T margin contract transaction, you can intuitively know the legal currency value of100USD T. Therefore, the USDT margin contract is simpler and more intuitive.
2. The operation is simpler
In the USDT margin trading contract, USDT is the only digital currency in the contract account, which is convenient for operation and management.
You can directly use USDT to open various contracts, such as BTC, EOS, ETH, etc. On the one hand, the loss between currency conversions is avoided, and the contract cost is lower. Secondly, it is more convenient to operate and avoid delaying the fighter.
3. The deposit is more valuable.
USDT has stable performance and high credibility and consensus. The deposit adopts USDT stable currency, which reduces the risk brought by the price fluctuation of the deposit itself. Make deposits more valuable.
4. This is easier to understand.
USDT margin contract is closer to foreign exchange transaction. From the perspective of understanding, similar to leveraged currency leverage, you can directly amplify your margin through leverage without borrowing money to finance. No interest, so the trading experience is simpler and easier to understand.
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