The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
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.

Bitcoin futures contracts allow investors to buy or sell assets at a specific price on a specific date set at a certain point in the future, and Bitcoin investors can trade futures contracts in the futures market. Traditionally, the most active futures markets involve gold, oil or various commodities. The futures contract itself contains detailed information about the asset class being traded. The contract also lists the purchase size, the last trading day, the expiration date, and the exchange where the contract is bought and sold. Since futures contracts are linked to the value of assets, the underlying value of futures contracts for specific instruments is priced according to the actual asset itself. So what are the Bitcoin contract exchanges? Let the editor of the currency circle recommend 3 Bitcoin apps for everyone.

 What are the Bitcoin contract exchanges?

1.

Binance (), an international leading blockchain digital asset international station, provides a wide range of digital currency transactions, blockchain education, blockchain project incubation, blockchain asset issuance platform, blockchain research institute, and blockchain charity services to the world. Currently, users cover more than 180 countries and regions around the world. With a core memory matching technology of 1.4 million orders per second, it is one of the fastest cryptocurrency trading platforms in the world and one of the largest cryptocurrency trading platforms in the world.

2.

OKX is a world-leading crypto ecosystem builder, founded on May 31, 2017. It has the world's top crypto asset trading platform, Web3.0 portal-Web3
Wallet and OKC, which aims to provide a secure and programmable smart contract platform for the next generation of Web3 applications. It has created a unified trading account and other world-leading Crypto trading systems.

3.

Huobi Global Professional Station is an innovative digital asset international station under Huobi Group that serves global professional trading users. It is committed to discovering high-quality innovative digital asset investment opportunities. It currently provides more than 40 types of digital asset trading and investment services. It is headquartered in Singapore and is operated by the Huobi Global Professional Station team. Huobi Group is a digital asset comprehensive service provider with global competitiveness and influence, providing high-quality services to millions of users in more than 130 countries. There are independent trading businesses and operation centers in Singapore, Hong Kong, South Korea, Japan and other countries and regions.

 How about Bitcoin contract trading?

Futures trading involves two parties. One party is long on an asset class, while the other party is short. While we have covered Bitcoin chart analysis in great detail, learning how to trade Bitcoin futures is a different category that requires a holistic understanding. Futures contracts are created based on demand: contracts are not automatically available on the market. When a buyer is matched with a seller, a futures contract is created.

A short position is used to secure a sell price now to protect someone (like a hedger) from a future price drop. If the price continues to drop, the short position wins. A long position is used to secure a buy price now to take advantage of a future price increase. If the price continues to rise, the long position wins. With both positions, the trader has locked in a contract at a specific price point.

A futures contract begins as an agreement between two parties, although the contract may change hands multiple times before the contract expires. When a futures contract expires, settlement can be physical (for commodities) or through cash settlement (for most Bitcoin futures exchanges). When a futures contract is physically settled, the goods are delivered at the agreed price. Typically, futures contracts are used by investors or speculators to hedge the physical risk of a specific instrument, neither of whom seeks physical delivery of the asset.

Through the above recommendations for the three Bitcoin apps, I believe investors have already understood what this Bitcoin contract exchange has. When a futures contract is cash-settled (also known as financial settlement), no physical exchange occurs; instead, an equal amount of cash is exchanged. The contract is settled at the difference between the price at which the contract was purchased and the price at the time of settlement. Bitcoin futures trading uses a similar approach. Cash-settled Bitcoin futures allow traders to gain exposure and/or hedge their exposure to crypto assets without actually managing their private keys or creating a crypto account to buy Bitcoin. Physically settled Bitcoin futures, such as the products offered by Bakkt, require physical storage of Bitcoin.