Coin DCX Guide/ Starting with CoinDCX
Trading is simply buying and selling of assets that could comprise goods and services where the seller is compensated by the buyer. In the financial world, these assets are called financial instruments and could be futures, stocks, margin products, derivatives, currency pairs, options, cryptocurrency, etc.
In technical analysis, the price of an asset is determined by the movement in the historical price of the asset. The analysts look at metrics such as the volume, price movement, chart patterns, other technical indicators to determine the value of the asset.
These charts are a graphical representation of the asset that indicate the price movements over a given timeframe. Candlestick dates back to the 17th century Japan but in the early 20th century, it has been redefined. It comprises candlesticks and each candlestick represents the same period of time.
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Derivatives are financial assets that derive their value from the value of an underlying asset or assets such as market indices, cryptocurrency, stocks, bonds or commodities.
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Futures contract is a type of derivative that is essentially an agreement between two parties to buy/ sell an asset (e.g. bitcoin) of specific at a predetermined future date and price.
Perpetual contracts are futures with no date of expiration. The contracts are still settled at the predetermined price.
A Futures contract where the quote currency (i.e. the currency in which the price of the underlying asset is denominated) is different from the base currency