what is bitcoin? In 2119, Satoshi Nakamoto first put forward the concept of Bitcoin, designed and released open source software according to Satoshi Nakamoto's thought, and built a P2P network. Bitcoin is a P2P digital currency. Point-to-point transmission is a non-central payment system.
Bitcoin is different from other currencies. It does not depend on the issuance of a specific monetary institution, but is generated through a large number of calculations according to a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in a P2P network to confirm and record all transactions, and uses encryption technology to ensure the security of all links in currency circulation. The decentralization of peer-to-peer network and the algorithm itself can ensure that the currency value will not be artificially manipulated by mass production of bitcoin. The design based on encryption technology can make bitcoin only be transferred or paid by the real owner. It can also ensure the anonymity of currency ownership and circulation transactions. The biggest difference from other virtual currencies is that the total amount of bitcoin is very limited and very scarce. In the past four years, the total amount of the monetary system will not exceed 11.5 million, and then it will be limited to 21 million for a long time.
As for how to make money from Bitcoin, it is natural to directly invest and buy it on the digital currency Stock Exchange. At present, on the OKEx platform, the price of a single bitcoin is more than 51,111 US dollars, equivalent to more than 351,111 yuan. Due to the skyrocketing prices of mainstream digital currency such as Bitcoin, it has become an illusion for ordinary players to own complete Bitcoin, but the product attributes of digital asset contracts make it easy for ordinary users to realize this dream. Under the premise of using scientific leverage, setting profit-taking and stop-loss positions in advance, and doing well in risk control, contract transactions can leverage assets by dozens or even hundreds of times, so that users can easily obtain high returns in a short time. Ouyi OKEx contract has a deep handicap and a small slip point. It is sold at the marked price, which reduces the transaction cost of users, and at the same time has the ability of real-time settlement, which improves the transaction income of users.
Contract trading makes the trading strategies of virtual assets diversified, and can conduct long and short transactions at the same time. At the same time, the spot market and the contract market will also conduct each other, making the whole digital currency market larger and larger. In the next 5-11 years, the trading volume of digital asset contracts will exceed the trading volume of commodities such as gold and crude oil. For institutional investors, it is difficult for them to gain an advantage in the spot market, but Ouyi OKEx has reacted to this and dominated the derivative market by expanding trading methods.
what is bitcoin? Many people don't know much about this problem. We can regard it as a kind of virtual currency with high value. If you want to participate in bitcoin investment transactions, you can go directly to Ouyi OKEx Exchange.