TRUMP(特朗普币)芝麻开门交易所

Explanation of terms related to digital currency trading on gate

Date:2024-06-16 18:05:56 Channel:Build Read:

In today's digital economy, with the rise of cryptocurrency, digital currency trading platforms such as gate.IO play an increasingly important role. gate.IO trading platform is one of the world's leading cryptocurrency trading platforms, providing a wealth of digital currency trading-related services and providing investors with a safe and efficient trading environment. This article will explore the gate.IO trading platform and the explanation of digital currency trading-related terms in depth to unveil the mystery of digital currency trading for you.

 1. Understanding gate.IO trading platform

gate.IO trading platform is a digital currency trading platform established in 2017 and headquartered in the Cayman Islands. As one of the world's leading digital asset trading platforms, gate.IO provides a wealth of digital currency trading pairs, covering mainstream digital currencies such as Bitcoin, Ethereum, Litecoin, and also supports the trading of some emerging digital currencies. Its highly secure trading system and convenient user experience have attracted investors and traders around the world.

 2. Explanation of terms related to digital currency trading

 2.1 Trading pair

In digital currency trading, a trading pair refers to a trading combination between a trading currency and a pricing currency. For example, in the BTC/USDT trading pair, BTC is the trading currency and USDT is the quote currency. Through trading pairs, investors can trade between different digital currencies to realize asset appreciation.

 2.2 Market Order

A market order is an immediate buy or sell order set by investors on the trading platform, which is executed immediately at the current market price. The characteristics of a market order are fast transaction speed, and the price is executed according to the real-time market price, which is suitable for investors who pursue fast transactions.

 2.3 Limit Order

Compared to a market order, a limit order is a buy or sell order set by investors on the trading platform that is executed at a specific price. Investors can set the buy or sell price independently, and the order will be executed when the market price reaches the set price. Limit orders are relatively flexible and suitable for investors with price expectations.

 2.4 Leverage Trading

Leverage trading is a trading method that uses leverage ratios to magnify investment gains or losses. On the gate.IO trading platform, investors can use leverage trading to magnify the use of funds and improve their return on investment. However, leverage trading is also accompanied by higher risks, and investors need to operate with caution.

 3. Innovation and Development of gate.IO

As a leading digital currency trading platform, gate.IO continues to promote innovation and development in the industry. By introducing advanced technologies and mechanisms, such as cold wallet storage and multi-signature security mechanisms, gate.IO is committed to improving the security and stability of the trading platform and providing users with a more reliable trading environment.

In addition, gate.IO is also actively expanding the global market, establishing strategic partnerships with partners in various countries, and continuously improving the digital currency trading ecosystem. By launching innovative trading products and services, such as contract trading and cross-chain trading, gate.IO helps the development of the digital currency market and promotes the healthy development of the industry.

 4. Future Outlook

As the digital currency market continues to develop, gate.IO, as a leading digital currency trading platform, will continue to play an important role. In the future, as blockchain technology continues to mature and become more popular, digital currency trading will usher in a broader space for development. gate.IO will continue to uphold the concept of openness, transparency and security, and continue to innovate to provide users with a better digital currency trading experience.

 Conclusion

In the era of digital economy, digital currency trading platforms such as gate.IO carry the mission of connecting global digital assets and providing investors with convenient and secure trading services. Through this article's explanation of the gate.IO trading platform and digital currency trading-related terms, I believe readers will have a deeper understanding of digital currency trading. Let us work together to explore the future world of digital currency trading and witness the vigorous development of the digital economy!

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


1. Trading currency: the currency used for trading. Taking the BTC_USDT trading pair as an example, BTC is the trading currency

2. Quotation currency: the currency used for quoting. Taking the BTC_USDT trading pair as an example, USDT is the quotation currency

3. Total assets: the sum of the currencies in the currency leverage account, including available assets + frozen assets.

4. Transferred assets: the currencies transferred from the spot account to the leverage account through fund transfer.

5. Borrowed assets: the currencies borrowed through the leverage account using the transferred assets as margin.

6. Available assets: the currencies that users can use to place orders in the leverage account, including the transferred and borrowed parts.

7. Frozen assets: the currencies that users cannot use to place orders in the leverage account, generally referring to the currencies that are being placed in the order.

8. Long: Taking the BTC/USDT trading pair as an example, if BTC rises, borrow USDT to go long, buy at a low price, sell at a high price, earn the difference, and increase profits.

9. Short selling: Taking the BTC_USDT trading pair as an example, if the price of a currency falls, you can use leverage to borrow the currency to short sell, sell at a high price, and buy at a low price, so that you can make money even if the price falls.

10. Risk rate: An indicator for evaluating the risk of margin account liquidation. It indicates the ratio of total account assets to borrowed assets. The higher the risk rate value, the lower the proportion of borrowed assets, and the less likely the account is to be liquidated.

11. Liquidation: Also called forced liquidation, when the risk rate of a leveraged account is <110%, the system will execute a liquidation operation and use all assets in the account to repay the borrowed currency debt.

12. Estimated liquidation price: The price calculated according to the risk rate of 110%, indicating that liquidation will be triggered when the price reaches this value.

I'll answer.

2480

Ask

973K+

reading

0

Answer

3H+

Upvote

2H+

Downvote