What is ATOM?
Cosmos (ATOM) powers an ecosystem of blockchains designed to scale and interoperate with each other. Same as Helium aims to create the “Internet of Things”, ATOM aims to create the “Internet of Blockchains”. The interlinked blockchains will be able to communicate in a decentralized way. ATOM is a PoS (Proof of Stake) token which grants holders to maintain the network by staking their tokens. ATOM staking will reward ATOM.
At the moment, all blockchain communication happens through tacked-on solutions, such as sidechains and bridges. The Cosmos Stargate update will enhance blockchain interoperability.
Contract Buying and selling
The contract buying and selling is the tactic of buying and selling that goals to realize revenue from market volatility. This technique permits the consumer to forecast if the value of an asset will go up or down, involving leverage.
The merchants will not be shopping for or promoting the asset, solely speculating the value and forecasting if the worth will go up or down. Contract buying and selling can deliver revenue faster than holding belongings however the threat concerned with this sort of buying and selling is greater. Bityard has two several types of Contract Buying and selling: Cryptocurrencies and Derivatives.
The Contract buying and selling is completely different from spot buying and selling. The buying and selling instrument referred to as contract permits the investor to commerce on the value motion of the cryptocurrency, at a future date or and on the desired worth. It includes leverage and subsequently the merchants will not be shopping for or promoting the asset, solely speculating on the value motion. With a buying and selling payment set at 0.05%, Bityard has buying and selling charges decrease than the business’s common.
Within the under state of affairs, I’m forecasting that the ATOM worth will drop. Choosing “Quick” will open a contract reflecting my selection, on the present worth of $13.329. As the value was presently rising, the contract goes towards the present development.
For this transaction I set the leverage at 20x, utilizing 6 USDT for this contract. The 0.05% payment was added to the order. As soon as confirmed, the ATOM contract was seen within the dashboard. The contract particulars will embody the title of the cryptocurrency, the leverage, the chosen margin, opening worth and opening time. As the value continued to rise, the contract was shedding worth.
The contract will shut mechanically if the value will increase or drop on the set worth, or it may be closed by the consumer at any time. Closing the contract manually will give the dealer the choice to scale back the loss or money out for revenue. Because the ATOM worth stored rising, I selected to go once more towards the development, and open two extra “Quick” contracts. The anticipated worth drop occurred and I closed all contracts for a minimal acquire.
Each crypto asset has it’s personal volatility sample which can be utilized within the dealer benefit. The sample doesn’t assure revenue, as the worth can rise or drop abruptly, or have a steady bull/bear run.
- This isn’t monetary recommendation!
Why Bityard is completely different?
Bityard engine is the quickest in the marketplace, processing as much as 1 million transactions per second. The alternate is out there for each cell (Android & IOS) and net, and has the bottom transaction charges. The web site interface is out there in 9 completely different languages with buyer assist 24/7 by way of e mail and stay chat.
Bityard is the world main cryptocurrency derivatives alternate, absolutely regulated and compliant with worldwide legal guidelines, with the primary exercise in cryptocurrency contracts with leverage and derivatives alternate.
Bityard operates with licenses from 4 completely different international locations: The USA, Australia, Singapore, and Estonia. The next licenses are regulating the alternate exercise: the Singapore’s ACRA (Accounting and Company Regulatory Authority), The American Cash Companies Companies (MSBs), Estonia’s MTR (Register of Financial Exercise) for the European Union, and the Australian Transaction Studies and Evaluation Centre (AUSTRAC)