First of all, the contract of firecoin is based on currency, and there is delivery, that is to say, any contract you open in a currency must be operated in the corresponding currency. This contract is not suitable for beginners. Why? Due to the currency-based delivery contract, its price is divorced from the spot market, and its price is completely generated by the game between long and short sides, and the price often rises. For example, the spot price is 7000, which is already 7500 in the contract. This often happens, which is one aspect. On the other hand, its settlement has a warehouse-piercing mechanism, such as making money in the contract. You can't withdraw the money. You can't return it until it is delivered. If there is a warehouse break after delivery, the money you earned is likely to be returned. So his contract design is very unfriendly to novices.
The 58-currency exchange is a very fast-rising platform with strong backstage strength. Personally, I prefer his USDT permanent contract. As we all know, contract transactions need to use the corresponding currency. There are more and more mainstream currencies now. If we don't have much money, we need to change places frequently. Once and for all, the money didn't earn much, and the handling fee contributed a lot. In such a big environment, the USDT contract launched by 58coin is quite suitable for petty bourgeoisie players. I think the USDT contract fills the gap of the futures market in the money market.
First of all, we all know that USDT is a stable currency, and its value does not fluctuate too much. In addition, it is large enough to be the most used stable currency in major exchanges. USDT contracts use USDT to open positions in various mainstream currencies, but USDT is used to open positions and USDT is also used for settlement.
In this way, your income is always USDT, so you can avoid the decline of currency price, and income is what it looks like. In addition, the minimum handling fee for 58COIN is 2000 yuan, and other platforms are around 2000 yuan. Some foreign exchange even has a handling fee of 3000 yuan.