A contract position represents a trader's stance in the market, either long (buying) or short (selling). In a long position, traders expect prices to rise, while in a short position, they anticipate a decline. Contract positions allow traders to profit from price movements in various markets, with risk and leverage depending on the size of the position and the market conditions.
This content is for informational purposes only and does not constitute investment advice.
Web3 has ushered in a period of great development, with new projects constantly emerging. This topic collects, organizes, and screens these new projects, hoping that readers can capture new narratives from them.
Ethereum is a decentralized, open-source blockchain platform featuring smart contract functionality. Ether (ETH) is the native cryptocurrency of the platform and the second-largest cryptocurrency by market capitalization after Bitcoin.
NFT stands for non-fungible token. These tokens are digital assets using the same basic technology that cryptocurrencies such as Bitcoin and Ethereum use to create digital scarcity. However, NFTs use digital scarcity in a different way than cryptocurrencies.
Bitcoin is a decentralized digital asset. It is a new type of asset that joins the ranks of traditional assets such as cash, gold, and real estate.There is still much confusion about what Bitcoin is and how it works. This special feature explores these and many other topics.
Decentralized finance, or DeFi, is a catch-all term for financial products that live on decentralized networks like Ethereum. The basic idea of DeFi is to rely on smart contracts to automate financial products. The most widely used DeFi products currently are in the realm of borrowing and lending, trading, and derivatives.