Exposed! Profit and loss calculations of major trading platforms

In this round of market surge , contract trading and spot trading have been basically on par. Taking OKCoin as an example , the maximum average daily trading volume is around 120 BTC. In this round of Bitcoin market, we use OKCoin , Huobi, BTC-Q, 796, and Coinnice as examples to calculate the comparative statistics of the profits and losses of major platforms .

The exchange rate of BTC-Q and 796 is calculated in US dollars : 1 US dollar = 6.3484 yuan

In the rising market : Take the opening price of 1580 yuan on November 13th and the highest point of 3350 yuan on November 4th as an example.

Let’s take a look at the profit and loss situation of major trading platforms when going long on the rise ?

Okcoin ( Long Chart 1)

Huobi (Long Chart 2)

796 (Long Chart 3)

BTC-Q   (Buy Chart 4)

C oinnice ( Long Chart 5)

Let’s take a look at the profit and loss situation of each major platform by shorting when the price drops .

Take the example of the highest price of 3330 yuan from November 5 to November 6, which dropped to 2340 yuan.

O kcoin   ( Short Chart 1)

Huobi (Short Chart 2 )

796   ( Short Chart 3)

BTC-Q    ( Short Chart 4)

Coinnice​    ( Short Chart 5)

summary :

In contract trading, OKcoin accounts for 90 % of the market share , and it also has a great advantage in trading activity and depth . Huobi trading platform is second, with better trading activity . 796's share has declined significantly since OKcoin and Huobi went online last year, and its current depth of activity is at a low point ; the emerging platform Coinnice also has greater activity and depth due to the launch of the quasi-market maker system ; BTC-Q has the lowest trading activity and depth.

It is recommended that users try trading on various platforms and keep learning more . Each platform has its own advantages and disadvantages, and you need to choose a trading platform that suits you according to the situation .