比特幣CFDS與比特幣期貨：有什麼區別？

比特幣CFD（差異合同）和期貨是投資工具，可讓您推測比特幣的價格而不實際購買硬幣。

Bitcoin CFDs (Contracts for Difference) and futures are investment vehicles that allow you to speculate on the price of Bitcoin without actually buying the coins. This post will explain what Bitcoin CFDs are and how they are different from Bitcoin futures. It will also list some of the best brokers for trading Bitcoin CFDs and futures.

比特幣CFD（差異合同）和期貨是投資工具，可讓您推測比特幣的價格而不實際購買硬幣。這篇文章將解釋比特幣CFD是什麼以及它們與比特幣期貨有何不同。它還將列出一些交易比特幣CFD和期貨的最佳經紀人。

Bitcoin CFD Trading Summary

比特幣CFD交易摘要

Bitcoin CFDs and futures allow you to strike a deal about the future price of Bitcoin and profit (or lose) from price changes. They are in fact a form of “betting” on Bitcoins price.

比特幣CFD和期貨允許您達成關於比特幣的未來價格和利潤（或損失）的交易。實際上，它們是對比特幣價格“投注”的一種形式。

While CFDs and futures are very much alike, there are some differences that distinguish these two products from one another. Here are the best CFD brokers around:

儘管CFD和未來非常相似，但有些差異將這兩種產品彼此區分開。這是周圍最好的CFD經紀人：

That’s Bitcoin CFDs in a nutshell. If you want a more detailed review, keep on reading. Here’s what I’ll cover:

簡而言之，那是比特幣CFD。如果您想進行更詳細的評論，請繼續閱讀。這是我要介紹的：

1. Bitcoin Futures Explained

1。比特幣期貨解釋

Futures are an investment vehicle originally created to help traders protect themselves from price changes in different commodities. Many people who trade assets are looking for certainty in their future income, and that’s hard to achieve when prices constantly fluctuate. That’s where futures come in.

期貨是一種最初創建的投資工具，以幫助貿易商保護自己免受不同商品的價格變化。許多交易資產的人正在尋找未來收入的確定性，而價格不斷波動時，這很難實現。那就是未來的來源。

When you purchase a futures contract, you are basically signing a contract to purchase something later at a specific price. For example, let’s say you’re a Bitcoin miner and you generate income by mining Bitcoins and selling them on the market. While you could estimate the amount of Bitcoins you’ll be able to mine each month, it’s hard to estimate how much USD you’ll be able to get for them since Bitcoin is pretty volatile.

購買期貨合約時，您基本上是在以稍後以特定價格購買商品的合同。例如，假設您是比特幣礦工，並且通過挖掘比特幣並在市場上出售它們來產生收入。雖然您可以估算每個月可以挖掘的比特幣數量，但由於比特幣非常波動，很難估計您可以獲得多少美元。

In this case, you may want to sell Bitcoin futures contracts stating you’re willing to sell X amount of Bitcoins at a rate of Y on the 1st of the month. When the 1st of the month arrives you’ll settle this contract with your counterparty and receive your money.

在這種情況下，您可能想出售比特幣期貨合約，說明您願意以本月1日以Y的速度出售X數量的比特幣。當月1日到來時，您將與交易對手結算並收到您的錢。

Futures contracts can be settled by actual physical delivery of the product or through cash settlement. Physical delivery means that I will send the Bitcoins to my counter-party and he will pay me the amount stated in the contract. Cash settlement means we’ll figure out how much these Bitcoins are worth at the time the contract expires.

期貨合約可以通過實際交付產品或現金和解來解決。身體交付意味著我將將比特幣發送給我的反黨，他將向我付給我合同中所述的金額。現金和解意味著我們將弄清楚這些比特幣在合同到期時價值多少。

If this amount is greater than the contract amount it means I lost potential income, so I will send my counter-party the cash equivalent of this difference. On the other hand, if the price dropped, this means I protected myself from potential loss and that my counter-party lost money. He will then send me the cash equivalent of this difference. In any case, the Bitcoins never trade hands, only cash does.

如果此金額大於合同金額，則意味著我失去了潛在的收入，因此我將派遣我的反黨現金等同於這種差異。另一方面，如果價格下跌，這意味著我保護自己免受潛在損失，而我的反黨損失了錢。然後，他將向我發送相當於這種差異的現金。無論如何，比特幣從不交易手，只有現金才能。

The main benefit is that I had certainty about how much fiat currency I’ll earn at the end of the month.

主要的好處是，我可以確定我在月底我賺了多少菲亞特貨幣。

2. Bitcoin CFDs Explained

2。比特幣CFD解釋了

A Contract for Difference ,or CFD for short, is very similar to a future. With a CFD, the buyer and seller agree to pay any difference as prices rise or fall in cash, instead of through the delivery of physical goods.

差異合同或簡稱CFD的合同與未來非常相似。借助CFD，買賣雙方同意隨著價格上漲或下跌現金而不是通過交付實物商品而支付任何差異。

A Bitcoin CFD allows an investor to tap into the benefits and risks of Bitcoin trading without having to physically own the coin itself.

比特幣CFD允許投資者利用比特幣交易的收益和風險，而不必物理上擁有硬幣本身。

Let’s go back to our previous example to see how this works.

讓我們回到我們以前的示例，看看它是如何工作的。

Let’s assume that you are very confident that Bitcoin’s price will rise in the near future and you want to invest in Bitcoin. While you could go out and purchase Bitcoin, that might be too complicated, especially if you don’t have a verified account on any Bitcoin exchange.

假設您非常有信心比特幣的價格會在不久的將來上漲，並且您想投資比特幣。雖然您可以出去購買比特幣，但這可能太複雜了，尤其是如果您在任何比特幣交易所沒有經過驗證的帳戶時。

So instead of buying actual Bitcoins, or even a futures contract that would require the future delivery of the Bitcoin, you could purchase a Bitcoin CFD.

因此，您可以購買比特幣CFD，而不是購買實際的比特幣，甚至不需要將來的比特幣的期貨合約。

In this arrangement, you and the seller of the contract would agree to settle any rise or drop in prices in cash when the contract is terminated. If your intuition about Bitcoin’s price increasing turns out to be correct, you will be paid the difference between the current price and the price when the contract was purchased by the seller.

在這種安排中，您和合同的賣方將同意在終止合同時解決現金價格上漲或下跌。如果您對比特幣價格上漲的直覺是正確的，那麼當賣方購買合同時，您將獲得當前價格與價格之間的差額。

On the other hand, if your intuition turns out to be incorrect and prices don’t go as you expected, you will have to pay the difference. In a certain sense, this is essentially betting on whether or not prices will rise or drop.

另一方面，如果您的直覺結果是不正確的，並且價格不像您預期​​的那樣，您將必須支付差額。從某種意義上說，這實質上是在價格上漲還是下跌。

Because of how simple it is to execute a CFD trade, Contracts for Difference are very popular among traders and numerous different brokerage firms.

由於執行CFD交易的簡單性非常簡單，因此差異合同在交易者和眾多不同的經紀公司中非常受歡迎。

3. Bitcoin CFDs vs. Bitcoin Futures

3。比特幣CFD與比特幣期貨

CFDs and futures sound very similar, and many new traders believe they are completely identical. However, there are some differences between the two products:

CFD和期貨聽起來非常相似，許多新交易者認為它們是完全相同的。但是，兩種產品之間存在一些差異：

To start with, while futures have a specific expiration date, CFDs don’., A CFD can be kept for as long as the terms of the contract allow, and there’s no need to settle it on a specific date. When the CFD is liquidated, the difference in price will be calculated and paid to the appropriate party.

首先，儘管期貨具有特定的到期日期，但CFDS don'。 ，只要合同的條款允許，CFD就可以保留，並且無需在特定日期解決。清算CFD時，價格差異將被計算並支付給適當的一方。

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