2019-2020 Great Collection of Exchange Ideas | Contract-Prophecy-Red Envelope-ETF-Auction

Blockchain is a technology that changes the world pattern. Through the combination of cryptography and economics, it creates an application that may subvert the world's cognition. The introduction of the central bank's digital currency DCEP also shows the world this The allure and speed of technology. In the world of various digital assets such as BTC, the exchange also plays a very important role as a core element. The innovation and ideas of the exchange often lead the rhythm of the entire industry trend, drive the vitality of different project communities, and inspire traditional Industry and project innovation.

Next, let’s sort out the innovation update points of several notable different exchanges (the rankings are in no particular order)

1. Binance-IEO-https://www.binance.com

Objectively speaking, the enthusiasm and participation brought by the innovative IEO launched by Binance in 2019 can indeed be said to be the fuse of Mavericks at that time. IEO means: Initial Exchange Offering, which means that the project party directly takes out a part of the currency and issues it directly on the exchange. Often these digital currencies will have some discounts, which will be lower than the opening price, but the amount is often not too large. Therefore, many users will be attracted to participate in the rush to buy and compete for places, which will drive the platform's traffic and project popularity, and save intermediate costs. Interestingly, on November 26, the New York Stock Exchange also proposed a change to the DPO document to the US Securities Regulatory Commission, hoping not only to bypass investment bank underwriters and go public directly like Slack, but also to allow it to issue new shares. The difference is that DPO is guaranteed by corporate reputation, while IEO is guaranteed by platform reputation.

2. Huobi - Prophet of production reduction -https://www.huobi.com/zh-cn/

The halving of various POW digital currencies such as Bitcoin is an absolute hot topic this year, and prediction projects have always been one of the activities that humans like to participate in most. Participate by purchasing promising rising assets to estimate the currency with the largest increase today or the smallest decrease in all declines. The handling fee generated by the purchase will be used as a percentage of points to affect the distribution of bonuses in the final guessing situation. The reward mode is divided into daily and weekly distribution. It is reported that 4 users have guessed correctly for 7 consecutive days, and the weekly prize pool of 35,733 USDT is divided equally, and the per capita reward is 8,933 USDT. Personally, I prefer this kind of quiz game. alright.

3. WenX Pro-Creative red envelope-https://www.wenxpro.com/

The latest red envelope function launched by WenX Exchange is another innovation in the application level of the exchange function. Often, the red envelope in our concept is often used through wallet software or chat software. And this kind of exchange can provide lucky and ordinary red envelopes through functions similar to WeChat red envelopes, and can choose to send red envelopes in BTC, ETH, EOS, ALGO and other different currencies. Forwarding and receiving through WeChat satisfies many people who like to receive novelty digital currency red envelopes to a certain extent, and the direct receipt of WeChat reduces the threshold for users. The effect of alternative airdrops can also promote the use of currencies in different exchanges. The process of receiving The basic experience is the same as that of ordinary WeChat red envelopes, and does not require additional separate coins, which also reduces labor costs and increases attraction and transaction vitality. The maximum amount of the red envelope is 1,000 USDT. After personal experience, the convenience of receiving it is good and there are no too cumbersome operation requirements, which meets the sense of speed that the red envelope should bring.

4. Matcha MXC-leveraged ETF:https://www.mxcio.co/

Leveraged ETFs are not unique to the currency circle. In 2006, Proshare launched a leveraged index ETF in the US stock market. If we look at US stocks, we can also see that the Nasdaq is 3 times long ETF, and the Nasdaq 3 times short ETF. Different stimulus needs Different financial products have been born. Leverage magnifies profits and also increases losses. For a 1% gain, a 3x ETF is a 3% gain. It is a good partner for those who like stimulation. MXC’s ETF is almost the same as the traditional ETF of US stocks. It belongs to a specific fund and belongs to a relatively reasonable design model. It is considered good among many ETFs. ETFs allow people to buy financial targets of the corresponding model. A lot of convenience and quickness, Gate also launched a similar ETF. ETF has also spawned a large number of speculative transactions, but again, investment is risky, and leverage magnifies the risk, so we must be cautious.

5. Perpetual contract option products:It is mainly represented by the specialized contract platform BitMex, and subsequent Bybit, Binance, Huobi, OK, WenX, Matcha and other exchanges have also successively launched perpetual contract gameplay. After analyzing the details and differences of specific futures and options contracts, a detailed analysis manuscript will be compiled:

Here is a brief introduction to the difference between perpetual contracts and quarterly delivery contracts:

The quarterly contract means that every three months there will be a delivery date that expires. On the delivery day, if there is no advance sales contract, physical delivery will be forced according to the rules. The biggest difference of the perpetual contract is that there is no delivery date. As long as the price does not explode excessively or be liquidated, it will continue forever. The compensation of the fee rate is used to ensure that the futures price will not deviate too much from the spot price.

For options, it is good to first understand the difference between European-style options and American-style options. European-style options must expire before they can be exercised, while American-style options can be exercised at any time. There is no such thing as a liquidation for option buyers.

6. Mining pool products:

Since the mining pools in the currency circle are often independent of the exchange, you need to go to the webpage of the mining pool separately, such as F2Pool, or the latest cloud computing power also belongs to a similar model, and you can mine after purchasing the computing power. The mining pool in the exchange mode is indeed a convenience for some users who do not know much about the mining industry but want to participate directly, especially PoS series projects can also increase the amount of staking and the depth of stock through the exchange. It is a win-win situation. However, the risk here is that if you choose to lock the position at one point, if the currency price drops sharply later, there is no chance to throw it away, and the mining income will not be as good as the loss.

7. Financial products:

-Wealth treasure & Quantitative funds: Binance’s Binance treasure, OK, Gate’s Yubibao mining and arbitrage interest earning are one category, and the quantitative funds publicly operated by WENX are another category, but the latter need to have As a professional quantitative reserve personnel, I personally feel that honest operation transparency is very necessary. Because I have seen a lot of companies with opaque operations that resulted in liquidation. Investors don’t even know whether they took the money and ran away on purpose to black out, or if they really lost money. There should be many such companies in 312 this year. The funds of big Vs all burst their positions and suffered substantial losses, and investors suffered heavy losses.

- Asset storage category: This category is a bit similar to gift cards, which store digital currency through things like chip cards and send them out as gifts or shopping cards.

The above points are the innovative ideas of several exchanges that impressed me deeply. I personally think that innovation is the driving force behind the continuous progress of an industry, and I hope that more and more fresh products will be launched. Of course, under the premise of ensuring safety, there was an exchange that directly bought U.S. stocks with digital currency, which was a bit too advanced and illegal, but I really think this is a point worthy of consideration by SEC and financial institutions in various countries. , Now international finance has demonstrated its complexity and inconvenience, and digital currency has also demonstrated its superiority. BTC can be said to be the slowest transaction of transfer. It feels very stuck for a few hours in traffic jams, but it is actually several levels faster than international wire transfers.

Whether it is the IEO led by Binance last year, or the prophet of Huobi, or the red envelopes of WenX, or the ETF brought out by Matcha, and OK, Binance’s latest Option options are all manifestations of the common progress of the industry. Of course, the emergence of derivatives is also accompanied by a substantial increase in returns and risks. Market fluctuations will be more frequent and the range will be more uncertain. Every investor should read the rules carefully, make judgments carefully, and make rational and in line with their own A personal choice of risk tolerance.

Collection of related URLs:

Binance Binance:https://www.binance.com/en

Huobi:https://www.huobi.com/zh-cn/

Wenx WenX Pro:https://www.wenxpro.com/

Matcha MXC:https://www.mxcio.co/

Bybit：www.bybit.com

Special statement: Any product mentioned in this article does not represent any investment advice or recommendation. Readers are requested to make rational judgments and act in accordance with relevant laws and regulations in their regions.