1 thought on “Why is there no plan commissioned by the Binance Constant Continuous Contract Transaction?”
Ernest
SummarynBecause Binance only has perpetual contracts, it can use USDT to make contracts and the leverage trading of the Binance Exchange.nConsultation record · Answer on 2021-04-19nWhy is there no plan to entrust the Binance Yong Continuing Contract Transaction? Hello because Binance only has a permanent contract, you can use USDT to make contracts and the leverage trading of the Binance Exchange. For asset derivatives, users can judge the rise and fall and choose to buy more or sell short contracts to obtain the income of rising/decrease in digital asset prices. It is similar to a spot market for guarantee assets. The price is close to the target reference index price. The main mechanism of anchoring spot price is funding costs. There is no delivery date for permanent contracts, and users can always hold it.
SummarynBecause Binance only has perpetual contracts, it can use USDT to make contracts and the leverage trading of the Binance Exchange.nConsultation record · Answer on 2021-04-19nWhy is there no plan to entrust the Binance Yong Continuing Contract Transaction? Hello because Binance only has a permanent contract, you can use USDT to make contracts and the leverage trading of the Binance Exchange. For asset derivatives, users can judge the rise and fall and choose to buy more or sell short contracts to obtain the income of rising/decrease in digital asset prices. It is similar to a spot market for guarantee assets. The price is close to the target reference index price. The main mechanism of anchoring spot price is funding costs. There is no delivery date for permanent contracts, and users can always hold it.