Exposed! Profit and loss calculations of major trading platforms

Exposed! Profit and loss calculations of major trading platforms

 

In this round of market surge , contract trading and spot trading have been basically on par. Taking OKCoin as an example , the maximum average daily trading volume is around 120 BTC. In this round of Bitcoin market, we use OKCoin , Huobi, BTC-Q, 796, and Coinnice as examples to calculate the comparative statistics of the profits and losses of major platforms .


The exchange rate of BTC-Q and 796 is calculated in US dollars : 1 US dollar = 6.3484 yuan


In the rising market : Take the opening price of 1580 yuan on November 13th and the highest point of 3350 yuan on November 4th as an example.

 

Let’s take a look at the profit and loss situation of major trading platforms when going long on the rise ?

 

Okcoin ( Long Chart 1)

 

 

 

 

 

Huobi (Long Chart 2)

 

 

796 (Long Chart 3)

 

BTC-Q   (Buy Chart 4)

 

 

 

C oinnice ( Long Chart 5)

 

 

 

Let’s take a look at the profit and loss situation of each major platform by shorting when the price drops .

Take the example of the highest price of 3330 yuan from November 5 to November 6, which dropped to 2340 yuan.

O kcoin   ( Short Chart 1)

 

Huobi (Short Chart 2 )

 

796   ( Short Chart 3)

 

BTC-Q    ( Short Chart 4)

 

Coinnice    ( Short Chart 5)

 

 

 

 

summary :

In contract trading, OKcoin accounts for 90 % of the market share , and it also has a great advantage in trading activity and depth . Huobi trading platform is second, with better trading activity . 796's share has declined significantly since OKcoin and Huobi went online last year, and its current depth of activity is at a low point ; the emerging platform Coinnice also has greater activity and depth due to the launch of the quasi-market maker system ; BTC-Q has the lowest trading activity and depth.

It is recommended that users try trading on various platforms and keep learning more . Each platform has its own advantages and disadvantages, and you need to choose a trading platform that suits you according to the situation .


<<:  Risk warning for obtaining high returns by investing in the name of "financial mutual assistance"

>>:  Ingenesist (TIP) and Bitshares jointly plan a historic blockchain event

Recommend

Bitcoin blockchain-powered social network Yours will soon launch in preview

Rage Review : The social platform Yours, which is...

Coin Zone Trends: Bitcoin Price Trends Based on Big Data This Week (2017-05-27)

Avoid blindly selling and be wary of continued pu...

Do people with deep eyes value feelings? What are their personalities like?

There is a saying: There is true affection and tr...

The major aspects of looking down on others

Sometimes, some people are kinder and more approa...

How you paint your nails reveals your personality

There are many girls around here who like to pain...

Interpretation of the fate of a man with a broken palm

According to physiognomy, a man with a broken pal...

How to tell if your teeth are overbite

The so-called overbite refers to the crossbite of...

The IRS may further clarify digital currency tax guidelines (with report)

Two years ago, the U.S. Internal Revenue Service ...

The shape of a woman's mouth tells her life destiny

The shape of a woman's mouth tells her life d...

A mole on a man's thigh indicates that his career will be smooth sailing.

What does a mole on a man’s thigh mean? As we all...

Is it good for a man to have no nose?

Men without noses have no opinions. If a man has ...

Will people with round chins live longer? Is it good to have a fuller chin?

Everyone hopes that they will live a very long li...