Why is the selling price of Firecoin online higher than the market price

Why is the selling price on Firecoin Online higher than the market According to Coindesk, Firecoin launched its first Cryptocurrency Index fund in April 2019. The fund has a scale of $10 million and is scheduled to go public by the end of the third quarter of 2018. According to CoinDesk data, this index has grown more than threefold since 2017 According to CoinMarketCap data, as of June 1st, the price of Bitcoin has increased from approximately $59000 11 months ago to approximately $138000 today. However, due to intense market fluctuations, the asset price has remained almost unchanged. At present, there is no indication that the value of this index is declining. Therefore, if investors believe that the risks in the digital currency market are relatively small, they can consider purchasing some digital currencies as a means of hedging against inflation

However, why has the trading volume of Huo Coin Online been higher than the market in the past year or more? This is because the exchange is a global exchange, so users can carry out spread arbitrage, short and other operations on fire coins. BTC/USDT and ETH/USDT are the main selling price ratios of Huo Coin Online According to the official website of HuoCoin, the buying volume on HuoCoin is higher than that of call options. When the price of a target falls, the buyer will immediately push the price back to its original form. On the contrary, if a chart is broken, the seller will react quickly

Then the question arises, why is the trading volume of Huobi higher than the market? The reason is simple: due to the low concentration of trading volume, it is difficult for the exchange to determine the transaction time and the relationship between the buyer and seller; At the same time, exchanges often require a large amount of capital to maintain platform operations. This model easily makes people believe that something will not become a part of your investment portfolio. For ordinary people, trading is not a complex task, but rather finding a way to control their financial situation and assess whether it is correct or accurate Of course, these are all very common methods. For example, some projects on HuoCoin earn profits by following other exchanges (such as OKEx); But there are also criminals who adopt various strategies in order to obtain profits, such as borrowing, futures, and so on. Therefore, in the Spot market, many exchanges have huge profit opportunities. But in fact, not all traders can make quick profits, especially for large order books, because once there is a position explosion, the loss rate of the entire platform can reach as high as 30% to 40%. Therefore, only a few traders are able to complete transactions at an extremely fast pace and still achieve profits – this is known as’ selling orders’.