比特币CFDS与比特币期货：有什么区别？

比特币CFD（差异合同）和期货是投资工具，可让您推测比特币的价格而不实际购买硬币。

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.

比特币CFD（差异合同）和期货是投资工具，可让您推测比特币的价格而不实际购买硬币。这篇文章将解释比特币CFD是什么以及它们与比特币期货有何不同。它还将列出一些交易比特币CFD和期货的最佳经纪人。

Bitcoin CFD Trading Summary

比特币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.

比特币CFD和期货允许您达成关于比特币的未来价格和利润（或损失）的交易。实际上，它们是对比特币价格“投注”的一种形式。

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:

尽管CFD和未来非常相似，但有些差异将这两种产品彼此区分开。这是周围最好的CFD经纪人：

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

简而言之，那是比特币CFD。如果您想进行更详细的评论，请继续阅读。这是我要介绍的：

1. Bitcoin Futures Explained

1。比特币期货解释

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.

期货是一种最初创建的投资工具，以帮助贸易商保护自己免受不同商品的价格变化。许多交易资产的人正在寻找未来收入的确定性，而价格不断波动时，这很难实现。那就是未来的来源。

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.

购买期货合约时，您基本上是在以稍后以特定价格购买商品的合同。例如，假设您是比特币矿工，并且通过挖掘比特币并在市场上出售它们来产生收入。虽然您可以估算每个月可以挖掘的比特币数量，但由于比特币非常波动，很难估计您可以获得多少美元。

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.

在这种情况下，您可能想出售比特币期货合约，说明您愿意以本月1日以Y的速度出售X数量的比特币。当月1日到来时，您将与交易对手结算并收到您的钱。

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.

期货合约可以通过实际交付产品或现金和解来解决。身体交付意味着我将将比特币发送给我的反党，他将向我付给我合同中所述的金额。现金和解意味着我们将弄清楚这些比特币在合同到期时价值多少。

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.

如果此金额大于合同金额，则意味着我失去了潜在的收入，因此我将派遣我的反党现金等同于这种差异。另一方面，如果价格下跌，这意味着我保护自己免受潜在损失，而我的反党损失了钱。然后，他将向我发送相当于这种差异的现金。无论如何，比特币从不交易手，只有现金才能。

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

主要的好处是，我可以确定我在月底我赚了多少菲亚特货币。

2. Bitcoin CFDs Explained

2。比特币CFD解释了

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.

差异合同或简称CFD的合同与未来非常相似。借助CFD，买卖双方同意随着价格上涨或下跌现金而不是通过交付实物商品而支付任何差异。

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

比特币CFD允许投资者利用比特币交易的收益和风险，而不必物理上拥有硬币本身。

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

让我们回到我们以前的示例，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.

假设您非常有信心比特币的价格会在不久的将来上涨，并且您想投资比特币。虽然您可以出去购买比特币，但这可能太复杂了，尤其是如果您在任何比特币交易所没有经过验证的帐户时。

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，您可以购买比特币CFD，而不是购买实际的比特币，甚至不需要将来的比特币的期货合约。

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.

在这种安排中，您和合同的卖方将同意在终止合同时解决现金价格上涨或下跌。如果您对比特币价格上涨的直觉是正确的，那么当卖方购买合同时，您将获得当前价格与价格之间的差额。

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，如果您的直觉结果是不正确的，并且价格不像您预期​​的那样，您将必须支付差额。从某种意义上说，这实质上是在价格上涨还是下跌。

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

由于执行CFD交易的简单性非常简单，因此差异合同在交易者和众多不同的经纪公司中非常受欢迎。

3. Bitcoin CFDs vs. Bitcoin Futures

3。比特币CFD与比特币期货

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和期货听起来非常相似，许多新交易者认为它们是完全相同的。但是，两种产品之间存在一些差异：

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，尽管期货具有特定的到期日期，但CFDS don'。，只要合同的条款允许，CFD就可以保留，并且无需在特定日期解决。清算CFD时，价格差异将被计算并支付给适当的一方。

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