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Discussion on Futures Trading for Bicrypto - Perpetual Contracts, Leverage Trading & Liquidation Engine Addon

Discussion on Futures Trading for Bicrypto - Perpetual Contracts, Leverage Trading & Liquidation Engine Addon

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MashDiv supports this item

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72 comments found.

Hi Mashdiv, Kindly look in to ticket #153 & resolve the small task of reinstallation on priority.

replied,

all required details shared. kindly check & resolve.

will install it for u tonight, still working on some tiny reports and improving trading ui and logic and fees module

Any Video tutorial about installation , that would be great

In future or binery trading people make profit. where the get liquidity? If against trading Oder not available wat happens?

in futures the liquidity generated from the trades by users

but in binary its against the house just like a casino

Futures not showing in new demo and in demo admin not showing settings.pls

working on it already, its due to permissions, there were 480 permission missing in the seeder, we added them

will release the update with multiple improvements in few hours

Pre purchase query

1. For the exchange order book liquidity, can take it from Binance API or in your application?

2. Any fiat currency

3. How to manage order book

4. App source available?

I was tried in your demo on the feature function is not working, can you keep me a private demo link for 3 or 5 days that I can check every part of features for my purchasing decision make it easy.

Do you take customization work order after my purchase I need some customizations and you commit to me my customization feature never published to you main script

Thank in advance

1. For the exchange order book liquidity, can take it from Binance API or in your application? you can from binance or use ecosystem so you become the provider your self

2. Any fiat currency yes

3. How to manage order book it automatically managed, u cant edit it

4. App source available? yes ofc

Now there are some issues I don’t understand. Please enlighten me. Now the customer registered on my exchange and deposited money into futures transactions. He entered a $100 BTC USD transaction with 20 x leverage and earned $1000 from this transaction. While depositing money into my exchange, he also deposited $1000. Now this guy has $2,000. Now I will withdraw $2,000 to this customer. How will I pay $2,000 to this customer? Where will I withdraw that $1,000 he earned? Let’s say I have one registered member on the exchange and this guy earned $1,000 from leveraged transactions and he will withdraw his entire balance of $2,000. Where did this guy earn this thousand dollars? I mean, we have no connection with the exchange. If we are going to do it within our own ecosystem, where will I earn this money and pay it to him? Where will I find this money? Where did he earn this money? I mean, if he earned it only from my own exchange, there is only one investor and these prices are moving. He entered at 100,000 and exited at 108,000. He earned 1000 dollars from his transaction. And this man will withdraw his money. How will I pay the 1000 dollars that this customer earned? Where does this customer earn this money? Can you please explain this? Accordingly, I will hire you to work.

please send it in support site

Now there are some issues I don’t understand. Please enlighten me. Now the customer registered on my exchange and deposited money into futures transactions. He entered a $100 BTC USD transaction with 20 x leverage and earned $1000 from this transaction. While depositing money into my exchange, he also deposited $1000. Now this guy has $2,000. Now I will withdraw $2,000 to this customer. How will I pay $2,000 to this customer? Where will I withdraw that $1,000 he earned? Let’s say I have one registered member on the exchange and this guy earned $1,000 from leveraged transactions and he will withdraw his entire balance of $2,000. Where did this guy earn this thousand dollars? I mean, we have no connection with the exchange. If we are going to do it within our own ecosystem, where will I earn this money and pay it to him? Where will I find this money? Where did he earn this money? I mean, if he earned it only from my own exchange, there is only one investor and these prices are moving. He entered at 100,000 and exited at 108,000. He earned 1000 dollars from his transaction. And this man will withdraw his money. How will I pay the 1000 dollars that this customer earned? Where does this customer earn this money? Can you please explain this? Accordingly, I will hire you to work.

duplicated, send it in support site

I AM INTERESTED IN THIS PRODUCT I WOULD BE HAPPY IF YOU ANSWER MY QUESTIONS

1-) Futures transactions are also made using Binance API just like spot transactions so when the customer opens a BTCUSDT long transaction in picrypto futures at the same time, are the transactions made via Binance API that I added to my ENV file?

its for ecosystem not binance exchange provider, its not related

Option trading included?.in trading is it possible to bring opposite trader from third party like with api or only possible inside traders only

we provide full docs for apis, u can develop thirdparty to trade on your site

I can’t transfer funds to my futures account

it will be included ith the patch update soon

I created a step-by-step guide to show where the error is for me. If you could check ticket #3987, I included a screenshot of each step I’m taking to show the issue. Thank you in advance.

your issue of transfer we will debug and fix for you

Has anyone managed to use this tool? Here, it doesn’t show the chart or order book. I have the Kucoin API linked. If anyone has figured it out and can share a tip, I’d appreciate it.

its not related to kucoin, its connected to ecosystem, the market is empty if u dont do any trades in it

But that’s what I’m trying to explain in the ticket. I can’t even transfer funds to Futures. If there’s any example site, please send it in the ticket.

your issue of transfer we will debug and fix for you,

Before purchasing, I would like to receive your feedback to make a decision. 1. Will the futures price also be based on the spot price? 2. Does the add-on include tools to support MM (auto bot)? Or does the order book have to be created by real users? Thank you.

1- no, futures depending on trades occur on it same like binance or kucoin 2- no and MM stand for market making and that is not a bot that auto trade, every exchange trades are real 3- yes it has to be created by real people

Please check ticket #3956 and #3955 as soon as possible. Both with error after updating

replied,

Quick question please. For this addon, do I need to have the equivalent liquidity in the master wallet? For example, trader opens a leveraged trade and makes a 1K profit. Do I need to have his investment plus his win available? Or is it just on paper until the withdraw request is done?

no, he dont make sure profit if someone else not liquidated. that how futures markets works, providers dont pay for loses, other sides pay for that

let’s say he’s the only one trading, and opens a buy trade, is the trade opened? or does it need to be the counter sell opened?

Yes ofc, no one can sell or buy alone,

Is this addon now available on mobile app?

not yet

Hello,

I am interested in purchasing your script from Envato. I would like to know which APIs are supported by your script. Specifically, I am looking to use it solely for binary options with OTC (Over-the-Counter) trading. Could you please tell me which APIs are available for integration, and if you could recommend any? Additionally, is your script already configured to work with these APIs, or would I need to do some additional setup?

I am only interested in using the binary options module with OTC.

Looking forward to your response!

Best regards,

replied, on another comment

CAn you reply to support tickets thank you

replied all

if i only need spot trading and forex trading ? Do I need this addon ? and what other than future trading it support?

no u dont, and its only for futures

Can admin control the win and loss? Can admin decide who win and who loss?

nope, only by trading

Hi, could you explain me how does the liquidity works? I thought the Kucoin/Binance liquidity was only for spot trading, but does it work for futures too?

No, ecosystem is you making your self a provider, the top end, u will have matching engine, matchmaking, market making, token deployment and adding, limit control, liquidity control, private ledgers, utxo management, blockchains management, tokens management, orders management and so on and on,,, basicly u become binance

Ok, I understood that with ecosystem you can handle the liquidity, but can I also connect the binance liquidity for futures trading? or is it only for spot?

no u cant connect futures to binance as they dont allow multiple leverage

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