Cryptocurrency Q&A
How does a futures exchange make money?
How does a futures exchange make money?
CherryBlossomDance
Tue Nov 05 2024
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5 answers
1014
I'm curious about the financial operations of a futures exchange. Specifically, I want to understand the mechanisms through which it generates revenue or profits. How does it make money exactly?
5 answers
alexander_jackson_athlete
Wed Nov 06 2024
The fundamental principle of earning through futures contracts is straightforward.
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Andrea
Wed Nov 06 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions, allowing users to engage in such trading strategies seamlessly.
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Andrea
Wed Nov 06 2024
You initiate by purchasing a futures contract at its prevailing market price.
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ethan_harrison_chef
Wed Nov 06 2024
Subsequently, you aim to sell this contract at a future point in time when its price has appreciated.
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Tommaso
Wed Nov 06 2024
Conversely, you can also sell a futures contract first and buy it back later at a lower price to profit.
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