** Ethereum: Binance, CCXT Future Transactions, Setting and Increase
. In this article, we will go into one common.
What is ccxt?
CCXT (Product Currency Trade Exchange) is a popular platform for buying and selling cryptocurrency derivatives, including future transactions. As its name shows, CCXT focuses on goods currency, silver and bitcoin, but it also supports other cryptocurrencies.
Problem: Determining the correct amount
There are several factors that can affect you try to fulfill when setting up an order:
- The Marginal Order may allow the maximum number of units.
- Lever : And Higher Lever means and Higher Risk But Potentially Higher Profits.
.
- Order volume
: The number of units you try to buy or sell can also affect the amount.
Sumpleting Binance: Simple Example
Suppose you want to buy $ 100 for $ 40,000 using Binance Futures. Here is a simplified example:
- Set the desired order Type (EG Market) and Price ($ 40,000).
- Select your lever (eg 5x).
3.
“Amount” Field in the Order Form:
`
Order Type: Limit Order
Leverage: 5x
Size Contract: 100
Amount: $ 40,000
`
Problem
. However, this can be a challenge, especially for larger orders.
Tips to Increase CCXT
There are some tips here to overcome the problem of determining the correct amount:
- Make sure you understand the consequences before using.
2.
.
4.
Conclusion
Determining the correct amount is a common challenge for cryptocurrency traders, including those who are CCXT. By understanding the factors affecting the order and lever of the order, you can better navigate these challenges. Risk. Happy Trade!