Comprehensive analysis of Bitcoin transaction time and rules

As digital currencies are developing rapidly, Bitcoin, as the most representative cryptocurrency, has attracted the attention of many investors due to the complexity of its trading time and rules. Bitcoin trading is not only about buying and selling digital assets, but also a microcosm of the new form of the global economy. This article will deeply analyze the time characteristics and rule system of Bitcoin transactions to help readers more comprehensively understand the operating mechanism of this emerging market.

Bitcoin trading hours are not as strictly limited as in traditional securities markets. Bitcoin trading is non-stop 24 hours a day, which to some extent reflects the flexibility and globalization of the digital currency market. Investors can trade at any time, day or night. This all-weather trading method provides investors with more opportunities, especially in different time periods, when the market fluctuates greatly, so that they can seize investment opportunities in a timely manner.

However, trading around the clock does not mean that investors can do whatever they want. Due to the high volatility of the Bitcoin market, investors need to pay close attention to market dynamics when trading. During certain time periods, such as the opening hours of the US market, trading volume tends to increase significantly, resulting in sharp price fluctuations. This volatility not only provides short-term traders with opportunities to make profits, but also increases risks. Therefore, when choosing trading time, investors need to make decisions based on market dynamics and their own risk tolerance.

In terms of the rules of Bitcoin transactions, its core elements include transaction methods, exchange selection and related fees. Bitcoin transactions are mainly conducted through centralized exchanges and decentralized exchanges. Centralized exchanges such as Coinbase and Binance provide user-friendly interfaces and convenient trading experiences, but they also face security and privacy protection issues. In contrast, decentralized exchanges (DEX) such as Uniswap and SushiSwap, although they perform better in security and privacy protection, their operational complexity and liquidity issues bring challenges to users.

When choosing an exchange, investors need to consider a variety of factors, such as the exchange's reputation, user reviews, transaction fees, supported trading pairs, etc. For example, Binance, as one of the world's largest exchanges, offers a wide range of trading pairs and relatively low transaction fees, which has attracted a large number of users. Coinbase, on the other hand, is known for its simple interface and excellent customer service, which is suitable for novice users. However, users also need to pay attention to the security of the exchange. There have been many cases of exchanges being hacked in the past, resulting in heavy losses of user funds. Therefore, choosing a safe and reliable exchange is the top priority for Bitcoin trading.

In addition to the choice of exchange, transaction fees are also an important factor affecting Bitcoin transactions. Bitcoin transaction fees usually include mining fees and exchange fees. Mining fees refer to the fees paid in the Bitcoin network in order for transactions to be confirmed by miners. The level of this fee depends on the congestion of the network. The more congested the network, the higher the mining fee. In some cases, users have to pay higher mining fees in order to complete transactions as quickly as possible, which undoubtedly increases transaction costs.

In terms of exchange fees, different exchanges have different charging standards. Generally speaking, the transaction fees of centralized exchanges are between 0.1% and 0.5%, while the fees of decentralized exchanges are relatively high, usually between 0.3% and 1%. When choosing an exchange, investors need to comprehensively consider the level of transaction fees in order to reduce transaction costs and increase investment returns.

Bitcoin trading also involves an important concept, namely "slippage". Slippage refers to the difference between the transaction execution price and the expected price, which usually occurs when the market fluctuates violently. For example, when an investor places an order to buy Bitcoin at a specific price, the final transaction price may be higher or lower than the expected price due to the rapid change of market prices. This phenomenon is particularly evident in markets with poor liquidity. Therefore, investors need to pay special attention to the impact of slippage when making large transactions.

In Bitcoin trading, technical analysis is as important as fundamental analysis. Technical analysis mainly relies on historical price and volume data, and uses charts and indicators to predict future price trends. Commonly used technical indicators include moving averages, relative strength index (RSI), Bollinger bands, etc. Through these tools, investors can identify market trends and develop trading strategies. However, relying solely on technical analysis is not enough to ensure success. Investors also need to pay attention to Bitcoin's fundamental factors, such as market demand, policy changes, and technological upgrades, which may have a profound impact on Bitcoin's price.

In addition, market sentiment is also an important factor affecting Bitcoin transactions. People's views on the market, news reports, discussions on social media, etc. will have an impact on the price of Bitcoin. For example, if a well-known company announces that it accepts Bitcoin payments, this news will often stimulate market optimism and drive up Bitcoin prices. On the contrary, negative news or policy restrictions may cause market panic and lead to price drops. Therefore, when investors are trading, they need to pay attention to changes in market sentiment so as to adjust their trading strategies in a timely manner.

Although the trading time and rules of Bitcoin are complicated, the investment opportunities behind it cannot be ignored. By deeply understanding the characteristics of Bitcoin transactions, investors can better grasp market dynamics and formulate reasonable investment strategies. In this rapidly changing market, flexible response and continuous learning are the keys to success.

It is worth noting that with the continuous development of blockchain technology, the trading rules of Bitcoin are also constantly evolving. For example, the emergence of the Lightning Network has greatly increased the transaction speed of Bitcoin, and users can complete transactions within seconds. The application of this technology will undoubtedly change the traditional trading model. At the same time, more and more financial institutions are beginning to enter the Bitcoin market, promoting the maturity and standardization of the market.

In the future, Bitcoin trading rules may become more transparent and efficient, and investors will enjoy a better experience when participating in transactions. However, market changes are also accompanied by risks, and investors need to remain vigilant and reasonably allocate assets to cope with potential market fluctuations.

In short, a deep understanding of the time and rules of Bitcoin transactions can not only help investors better grasp market opportunities, but also enhance their confidence and decision-making ability in digital currency investment. In this market full of challenges and opportunities, only by continuous learning and adaptation can we remain invincible in the fierce competition.

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.

It can be said that 80% of people have heard of Bitcoin nowadays. Some investors even caught up with the first bull market of Bitcoin and became rich overnight. With the publicity of the first batch of investors who made money, more and more investors in the market want to trade Bitcoin. However, new investors in the currency circle do not understand the time and rules of Bitcoin trading. So, what are the time and rules of Bitcoin trading? The following editor of the currency circle will give you a comprehensive analysis of the time and rules of Bitcoin trading.
 Comprehensive analysis of Bitcoin transaction time and rules
1. Trading time
Bitcoin trading is available 24/7, and trading is interrupted only during the settlement or delivery period at 16:00 (UTC+8) every Friday. In the last 10 minutes before delivery, you can only close a position, not open one.
2. Transaction Type
There are two types of transactions: opening and closing. Opening and closing are divided into two directions: buying and selling:
Buying to open long (bullish) means that when the user is bullish on the index, he/she buys a certain number of contracts. After the "buy to open long" operation is successfully matched, the long position will be increased.
Sell to close long (long position closing) means that the user no longer believes that the future index market will rise and buy back the selling contract, which will offset the current buying contract and exit the market. If the "sell to close long" operation is successfully matched, the long position will be reduced.
Selling to open short (bearish) means that when the user is bearish or bearish on the index, he/she sells a certain number of certain contracts. After the "sell to open short" operation is successfully matched, the short position will be increased.
Buy to close short (close short position) means that users no longer bearish on the future index market and buy back contracts to offset the current sell contracts and exit the market. If the "buy to close short" operation is successfully matched, the short position will be reduced.
3. Order method
Limit Order: Users need to specify the price and quantity of the order. Limit Order can be used for both opening and closing positions.
Order at the counterparty price: If the user chooses to place an order at the counterparty price, the user can only enter the order quantity but cannot enter the order price.
The system will read the latest counterparty price (if the user buys, the counterparty price is the sell 1 price; if the user sells, the counterparty price is the buy 1 price) at the moment of receiving this order, and issue a limit order at this counterparty price.
4. Position
After the user opens a position and completes the transaction, he/she will have a position, and the positions of the same contract in the same direction will be merged. In one contract account, there can be a maximum of 6 positions, namely, long position of the current week contract, short position of the current week contract, long position of the next week contract, short position of the next week contract, long position of the quarterly contract, and short position of the quarterly contract.
5. Order restrictions
The platform will impose restrictions on the number of positions held by a single user in a certain period of contracts and the number of orders for opening/closing a single position to prevent users from manipulating the market.
 How to trade Bitcoin?
For example: suppose the price of XX coin is 100 yuan, and there are two people, Zhang San and Li Si, Zhang San is bullish, Li Si is bearish, and both go to a certain trading platform to trade futures according to their own opinions. Zhang San uses 100 yuan of principal (margin) to open a long position (buy up) in a certain trading platform futures, and Li Si also uses 100 yuan as principal and chooses to buy down. Assume that Zhang San and Li Si both use 10 times leverage!
After the two people bought, XX coin fell to 90 yuan each, which means a 10% drop. If we conduct spot trading, a loss of 10% means a loss of 10 yuan for 100 yuan, leaving 90 yuan! But Zhang San and Li Si both added 10 times leverage, which means that their losses or profits were magnified 10 times on the original basis!
At this time, the two people's income is:
Zhang San lost 100 yuan, loss 10%10 times leverage = loss 100%, that is, 100 yuan!
Li Si chose to buy the short position, which means he bought the right position, and his profit was 100 yuan, 10% profit10 times leverage=100% profit. As a result, Zhang San lost all his 100 yuan principal, while Li Si earned 100 yuan with 100 yuan, and his principal became 200 yuan!
This is only a 10x leverage. If it is a 100x leverage, as long as the price of XX coin drops to 99 yuan, Zhang San’s loss will reach 100%. A drop of 1 yuan means a loss of 1%, 1%100x leverage=100%!
In order to make it easier for everyone to understand, the transaction fee is not calculated in the above example. In addition, there is one more point to note: in the above example, Li Si’s profit may not reach 100%.
Because the futures platform requires the purchase of corresponding coins as margin. For example, if you want to trade Bitcoin futures contracts, you need to buy Bitcoin at the current price as margin! Applying the above example, Li Si also has to calculate the loss of the margin after the price drops.
For example, Wang Wu buys 100 X coins at 1 yuan each, uses these 100 coins as margin, and short sells with 10x leverage. When the coin drops to 0.9 yuan, his futures profit is 100%, but the 100 coins he bought also fall by 10% from the purchase price. In total, his actual profit is 90%.
At present, most trading platforms have a margin system for the use of leverage in "futures contracts" and will give a minimum margin rate. Generally, if you want to open a 10x leverage, the minimum margin rate is
10%. When your loss reaches the minimum margin and you do not add margin, your position will be forced to close!
In the above example, Zhang San uses 100 yuan of capital to open a 10x leverage. If his loss exceeds 90 yuan without additional margin, he will be forced to close his position. According to the price calculation, when XX coin falls from 100 yuan to 91 yuan, Zhang San's loss reaches 90%, and his position will be forced to close. So in reality, Zhang San cannot lose 100%, and he can only bet 10 yuan of his 100 yuan capital!
When the number of positions or the number of orders held by a user is too large and the platform believes that it may pose a serious risk to the system and other users, the platform has the right to require the user to adopt risk control measures including but not limited to order cancellation and position closing. The platform has the right to adopt risk control measures including but not limited to limiting the total number of positions, limiting the total number of orders, limiting opening positions, order cancellation, forced position closing, etc.
What are the trading rules of Bitcoin futures contracts? The above is an introduction to the relevant content. Through the above introduction, I believe that everyone has some understanding of the trading rules of Bitcoin futures contracts. In fact, in addition to contracts, the most important reason why Bitcoin futures are popular is that they provide "leverage". Leveraged trading can magnify investors' gains as well as losses. For example, if an investor uses 10x leverage and makes a profit, the investor's gain will be 10 times the original amount. Conversely, if there is a loss, the loss will also be 10 times the original amount.
Through the above introduction, I believe everyone has some understanding of the Bitcoin trading time and rules. In Bitcoin trading, the editor of Coin Circle always recommends that investors only invest at a cost they can afford. After all, all investors hope to profit from Bitcoin trading, which will induce investors to use the money originally used for other important things to trade, such as car loans, mortgages, etc., and because funds cannot be lost, this also causes investors to be very nervous when trading, and thus unable to trade more rationally. Therefore, the editor of Coin Circle recommends how much investment loss investors can bear without affecting your normal life.